# Business Investment Program   Equity Investment

**Type:** Grant
**Category:** Other Programs
**Eligible Regions:** Newfoundland and Labrador
**Official Source:** https://www.gov.nl.ca/iet/funding/business-investment-program/

## About This Program

Equity funding for business improvement in Newfoundland and Labrador

## Details

The Business Investment Program provides term loans to small and medium-sized enterprises (SMEs) in strategic growth sectors as identified by Industry, Energy and Technology. The fund is also available to businesses which have export potential and require assistance to enter or expand in external markets. Funds are provided to complement funding from conventional sources, where a need has been demonstrated, and are also intended to increase the capital base of businesses allowing them to leverage new private-sector investments.

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