Other Funding & Support
Other Ways We Can Help Your Business
There are a whole host of alternative organizations that offer funding to people looking to start a business or expand on an existing one.
We’ve included a list of possible business funding and support sources for entrepreneurs interested in starting a new business or expanding an existing business. For more information or assistance in researching funding options, contact the NunatuKavut Business Centre at (709) 896 5722 ext. 205.
Aboriginal Business Canada
Aboriginal Business Canada (ABC) is an Aboriginal Affairs and Northern Development Canada program that maximizes Aboriginal people’s participation in the economy through business development. ABC offers non-repayable business loans as well as assistance with business planning and mentoring. For more information or to find out if you qualify, visit the website listed above or contact Aaron Akitt at the Halifax office:
Business Development Officer
Aboriginal Affairs and Northern Development Canada
Aboriginal Business Development Program
1809 Barrington Street
Suite 500, 5th Floor CIBC Building
Halifax, Nova Scotia B3J 3K7
Phone: (902) 426-7825
Fax : (902) 426-0665
Advanced Education and Skills
Government of Newfoundland & Labrador
Advanced Education and Skills provides a variety of wage subsidies to hire new staff, a self employment benefit program, as well as labour market information and human resource counselling.
163 Hamilton River Road, Happy Valley-Goose Bay, NL
Atlantic Canada Opportunities Agency (ACOA)
ACOA works with its many partners to help entrepreneurs in Atlantic Canada access the capital they need to start-up or expand a business. ACOA also coordinates programs designed to stimulate the development and commercialization of new technologies and the climate for business growth in the region.
For more information visit the website above or contact the ACOA Labrador Office:
2 Hillcrest Road, P. O. Box 430, Station C
Happy Valley-Goose Bay, NL A0P 1C0
Phone: (709) 896-2648
Fax: (709) 896-2900
BizPal Newfoundland & Labrador
Are you starting a business, but don’t know what licences and permits are required? If so, this site is a great place to start. Answer a short series of questions about your current or proposed business to create a customized list of the permits and licences you may need from all levels of government. You may also save or print your results for future reference.
Business, Tourism, Culture and Rural Development (BTCRD)
Government of Newfoundland & Labrador
The Government of Newfoundland and Labrador offers many programs and services to entrepreneurs. A list of such programs as the Small & Medium-sized Enterprise Fund, for example can be found at the website above.
Business Development Bank of Canada
An account manger from BDC will work with you to find a complete financial solution for your long-term success. BDC looks at your whole project its viability, your management team, and your company’s financial strength, commitment, and future prospects. This allows BDC to be more flexible, take greater risks, and to help an increasing number of innovative Canadian businesses prosper in today’s global economy. For information regarding their specific programs and services, visit their website or contact Mr. Tyler Scott, Account Manager, Business Development Bank of Canada at:
4 Herald Ave. 1st Floor, Fortis Tower, Corner Brook, NL A2H 4B4
Phone: (709) 637-4302
Fax: (709) 638-4522
Canada/Newfoundland & Labrador Business Service Centre
The Canada/NL Business Service Centre is an excellent resource for any aspiring entrepreneur. They offer a variety of services including a large reference library, business guides, a guest advisor program, an interactive business planner, and much more. Please visit their website for full details. Please note: The NunatuKavut Business Centre host a reference library for the Canada/NL Business Service Centre in Goose Bay. Please drop by our office to find out more.
90 O’Leary Avenue, St. John’s, NL
Toll Free : 1-888-576-4444
Phone: (709) 772-6022
Community Business Development Corporations (CBDC)
CBDC offers financial assistance in the form of loans, loan guarantees and equity financing to existing and aspiring entrepreneurs, women wanted to start or expand a business, youth wishing to start an enterprise and entrepreneurs wishing to commercialize or adopt new technologies. Business counseling and skills training is also available.
For more information, contact the CBDC Labrador Office:
2 Hillcrest Road, P.O. Box 1089, STN B, Happy Valley-Goose Bay, NL A0P 1E0
Phone: (709) 896-5814
Fax: (709) 896-4333
Service Canada offers a variety of programs and services to entrepreneurs of all ages. These programs include Self Employment Benefits, Targeted Wage Subsidies, Job Creation Partnerships and Canada Summer Jobs to name a few. Fore more information, visit the Service Canada website listed above, or contact the Labrador Office at:
23 Broomfield Street, Happy Valley-Goose Bay, NL A0P1E0
Phone: (709) 896-3323
Fax: (709) 896-5566
Ulnooweg Development Group Inc.
Ulnooweg Development Group Inc. offers a variety business loans with a wide range of interest rates and repayment terms. You may apply for one or a combination of the different Ulnooweg loans, up to a maximum of $250,000. For more information, visit the Ulnooweg website or contact Ulnooweg’s Stephenville office:
P.O. Box 20007
Town Centre Post Office
90 Main Street
Phone: (709) 643-5005
Fax: (709) 643-5006