SituationalLoanOpen
NL Business Investment Program (BIP)
NL Department of IET · Provincial
In plain language
Provincial-level commercial financing for NL businesses in priority sectors. Typically repayable; can include equity component for tech/innovation deals. Good fit for rural and strategic-sector projects. Works well stacked with ACOA.
Realistic range
$25,000 – $500,000
Avg award
$100,000
Max advertised
$500,000
Cost share
50%
Accessibility
3 / 5
Effort
3 / 5
Deadline
Continuous intake
Repayable?
Yes
Who qualifies
Entity types
Incorporated, Sole Prop, Coop
Sectors
Manufacturing, Fisheries, Forestry, Mining, Technology, Tourism, Agriculture
Regions
NL Wide
Demographics prioritized
None specifically
What you'll have to report
Draws tied to project milestones; annual financial statements until repaid.
Stacks well with
Common stacking partner with ACOA BDP; provincial + federal cost-share caps at 75%.
- ACOA Business Development Program (BDP)ACOA
- ACOA Regional Economic Growth through Innovation (REGI)ACOA
- ACOA Jobs and Growth FundACOA
- CBDC NL Business LoanCommunity Business Development Corporation
- Scientific Research and Experimental Development (SR&ED) Tax CreditCanada Revenue Agency
- NL Research & Development Tax CreditNL Department of Finance