# Investment Attraction Fund

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

## About This Program

Newfoundland and Labrador investment attraction fund

## Details

The Investment Attraction Fund (“Fund”) is designed to attract large-scale businesses and foreign direct investment (“FDI”) to the Province of Newfoundland and Labrador (“the province”). It provides customized financial assistance to inward investors in support of establishing a business in the province or expanding a business as a result of FDI. The Fund consists of an allocation for loans and advances towards strategic investments in infrastructure support costs, human resource costs or other costs, as determined by the Department of Industry, Energy and Technology.

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