Newfoundland and Labrador Green Transition Fund
The Green Transition Fund provides non-repayable funding from $75,000 to $3 million for commercial and non-commercial projects that support the province's green economy transition.
About this program
The Newfoundland and Labrador Green Transition Fund provides financial support to businesses, organizations, post-secondary institutions, Indigenous governments and organizations, industry associations, and other support organizations for projects that help the province transition to a green economy. The program supports greening commercial operations in traditional sectors, new green economy opportunities, R&D and demonstration projects, green supply chain improvements, market development, technical studies, green certification, specialized labour, and incremental technology implementation. Commercial projects normally receive up to 40 percent of eligible costs and non-commercial projects normally up to 50 percent.
Eligibility
Registered businesses with operations in Newfoundland and Labrador, industry associations, Indigenous governments or organizations, post-secondary institutions, and other support organizations may apply for eligible green transition projects.
Requirements
- Applicant must be a commercial or non-commercial eligible organization operating in Newfoundland and Labrador.
- Project must support the transition to a green economy or greening of commercial operations.
- Commercial requests are normally between $75,000 and $3 million, with no minimum for Indigenous and rural projects.