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Starting a Business

Small- and medium-sized enterprises (SMEs) play a vital role in sustaining and growing the Newfoundland and Labrador economy. Based on the most recent data, SMEs employ almost 40 per cent of the province’s total workforce, with 98 per cent of these enterprises employing less than 100 employees. Found in both rural and urban areas, this segment of the economy is essential to the province’s overall development and a priority for the Department of Innovation, Business and Rural Development.

Below are links to programs, initiatives and priority sectors for the department.

General Information

Financial Support

To Find Out More

For information and assistance, contact the IBRD office nearest you.

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