Starting a small business in Newfoundland and Labrador | CFIB
If you are starting a small business or growing your existing business, CFIB has some helpful links to financing options, information about hiring your first worker and organizations that can help you make decisions.
The Government of Newfoundland and Labrador offers several financing and incentive programs through the Department of Innovation, Business and Rural Development. Please review the list of programs.
Private sector lenders and investors provide financing in order to earn a return on their money.
Starting a Business
If you are starting a small business in Newfoundland and Labrador or even if you need advice and expertise, the provincial government offers resources such as Small Business Counselling and a Small Business Guide to walk you through the steps.
Through the Department of Innovation, Business and Rural Development (IBRD), small business counsellors can act as a mentor to provide advice and guidance on your business plan, refer agencies or individuals that may assist you, and provide general counsel on small business matters. For further information and assistance, contact the IBRD office nearest you.