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NL

Innovation and Business Development Fund

Funding for NL energy supply and service companies pursuing innovation and diversification.

About this program

The Innovation and Business Development Fund supports Newfoundland and Labrador energy supply and service companies with projects that encourage innovation, collaboration, diversification, export readiness, and business development in the energy sector.

Eligibility

Eligible NL businesses and organizations active in or supporting the energy supply and service sector with innovation or business development projects.

Requirements

  • Apply through the Department of Energy and Mines
  • Submit project scope, budget, matching funds, business development rationale, and expected economic impact