To support the development and implementation of cutting edge industry solutions, funding is available to incorporated provincial businesses to support activities leading to the development of innovative, market ready products and services. The Commercialization Program bridges an identified funding and investment gap between product research and product marketing.
This program, available to Newfoundland and Labrador incorporated entities, is an application-based program that can offer conditionally repayable loans and/or equity investments up to 75% of eligible costs to a maximum contribution of $500,000.
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For further information, please contact the IBRD office nearest you or email us at IBRD@gov.nl.ca