What is NL Department of Industry — Business Investment Fund?
NL Department of Industry — Business Investment Fund is delivered by Government of Newfoundland and Labrador as a loan / grant. Funding is typically up to $1,000,000. This page covers eligibility, intake status, and what an application actually requires.
At a glance
| Funding amount | Up to $1,000,000 |
|---|---|
| Cost share | Variable |
| Level | Provincial |
| Program type | Loan / Grant |
| Delivered by | Government of Newfoundland and Labrador |
| Available in | NL |
| Intake status | Open — rolling |
| Last verified | Apr 2026 |
Who qualifies
- Eligible industries: All NL sectors with growth potential
- Eligible activities: Business expansion; job creation; new market development; capital investment in NL
Watch out for
No NL job creation; outside NL
Deadlines & how to apply
Apply through NL Department of Industry, Energy and Technology
How NorthGrants helps with NL Department of Industry — Business Investment Fund
Most business owners read about NL Department of Industry — Business Investment Fund, see the funding amount, and stop. The hard part isn't finding the grant. It's building an application that actually wins.
NorthGrants builds the full application framework for you: a tailored project narrative aligned to this program's evaluation criteria, a budget structure that maps to eligible costs, and the supporting documentation checklist. You review it, refine the parts only you can write, and submit.