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Opportunities for Social Enterprise

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Government of Newfoundland and Labrador

Innovation, Business and Rural Development

Business Investment

The Department of Innovation, Business and Rural Development (IBRD) recognizes business and sector development as the key to economic development. The Business Investment Fund provides a source of funding to business and economic sectors that responds to the changing needs of enterprises. The Business Investment Fund is comprised of two components: the Business Investment Program and the Business Development Support Program.

Regional Development Fund

The Department of Innovation, Business and Rural Development provides support to organizations by way of non-repayable contributions for projects aimed at supporting economic development, innovation and capacity building in all regions of the province. The Regional Development Fund is comprised of two components: the Regional Development Program and Community Capacity Building.

Tourism, Culture and Recreation

Market Readiness Subsidy Program

This program is designed to assist operators in enhancing the quality and market readiness of their tourism services, businesses, and products. Market readiness is the creation and delivery of memorable, value-added, high quality products and experiences that meet and exceed the expectations of visitors.

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Community Business Development Corporations opens new window

The Community Business Development Corporations (CBDCs) are a network of autonomous, not-for-profit companies working to meet the needs of small business. The CBDCs assist in the creation of small business and in the expansion and modernization of existing businesses by providing financial and technical services to entrepreneurs.

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