Grow - Funding & Tax Credits

Trying to navigate the maze of funding programs can be an overwhelming task.  We've made it easy by breaking down the plethora of programs into the following categories, so we can precisely point you in the right direction.  We also recommend consulting with government and industry specific associations/support networks.

Whether you want to start a local retail operation or a high growth global company, we can suggest various financing avenues to get you started and help you grow. 

 

The New Brunswick Department of Post-Secondary Education, Training & Labour and Employment (PETL) & Social Development Canada are the lead organizations with respect to employment programs, and HR policies and procedures. Explore the following for funding for employment and skills development:

Both the provincial and federal governments, as well as some independent organizations, offer assistance for export initiatives through support and funding programs.  

  • Atlantic Canada Opportunities Agency: resources for business in market exports
  • Opportunities New Brunswick: resources to help new exporters and existing businesses expand to new markets
  • Export Development Canada: bonding, insurance, and financing solutions for Canadian companies, as well as financing for foreign companies
  • Foreign Affairs and International Trade Canada (DFAIT): works with Export USA, runs the Centre of Intercultural Learning (CIL), global trade missions, and a number of export development programs
  • Canadian Manufacturers & Exporters (CME): advocates for manufacturers and exporters; builds a more competitive business environment; provides critical and timely intelligence; strengthens leadership through best practices; and leverages networks for success
  • NB Business Council: NB Business Council helps businesses with accessing new markets through their Council Passport Service
  • Training and Consulting Services Program (Learnsphere): $10,000 grant for SMEs who are currently exporting or planning to export internationally
  • CanExport: reimburses up to 50 percent of eligible expenses related to market export activity. Applicants must match funds on a one-to-one basis, providing a minimum contribution of $10,000 (requires that the total cost of eligible activities be at least $20,000) and a maximum contribution of $99,999 (which requires that the total cost of eligible activities be at least $199,998)

There are numerous organizations offering funding programs for research and development.  We have outlined the primary programs below, but also encourage you to review the sector-specific networks for government departments / agencies and industry. 

There are numerous organizations offering funding programs to help entrepreneurs innovate and commercialize.  We have outlined the primary programs below, but also encourage you to review the sector-specific networks for government departments / agencies and industry.