# Business Growth Program

**Type:** Grant
**Category:** Other Programs
**Funding Amount:** Up to CAD 200,000 CAD
**Eligible Regions:** Newfoundland and Labrador
**Official Source:** https://www.gov.nl.ca/iet/funding/business-growth-program

## About This Program

Money for business improvements in NL

## Details

The Business Growth Program provides non-repayable contributions for projects or initiatives to assist businesses start, innovate, scale and improve sales locally, nationally or internationally. The Business Growth Program normally provides non-repayable contributions up to 50 per cent of eligible costs to a maximum of $200,000 over 24 months ($100,000 per year) per project, per company. Development and Commercialization projects, however, may be considered to a higher maximum normally up to $750,000 over multiple years at varying amounts per year.

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