Start - Funding & Tax Credits

There are various sources of funding and tax credits available to help your business start or grow. Whether it's funding for export development or R&D, Ignite's funding and tax credit specialists can help you find the program right for you.

New: Lab Access Benefits (LAB): Small and Medium-sized Business Funding Program

 

Angel Investment and Venture Capital

Funding for Employment and Skills Development

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:

Funding for Export Initiatives

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)

Funding for Research

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. 

Funding- General Business

Funding- Innovation & Commercialization

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.