SituationalRebateOpen
NL Job Accelerator and Growth Program (JAG)
NL Department of Industry, Energy and Technology · Provincial
In plain language
A payroll rebate, not a grant — you hire first, prove the jobs exist, then get 10% of incremental payroll back annually for three years. Minimum 20 new jobs averaging $50K+ salary. Extra 5% bonus for hiring recent grads or newcomers with priority skills. Rolling intake. Only makes sense for growth-stage companies already planning a hiring push — it won't fund a speculative expansion. No cap posted; past approvals have ranged from $100K to multi-million over three years. Slow cash flow: the rebate lands after jobs are real.
Realistic range
$50,000 – $2,000,000
Avg award
$300,000
Max advertised
—
Cost share
—
Accessibility
2 / 5
Effort
4 / 5
Deadline
Continuous intake
Repayable?
No
Who qualifies
Entity types
Incorporated
Sectors
Technology, Ocean Tech, Life Sciences, Manufacturing, Professional Services
Regions
NL Wide
Demographics prioritized
None specifically
What you'll have to report
Annual payroll attestation, job-count verification, average-salary proof, NL residency check for rebated positions; three-year reconciliation.