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Business & Opportunities
Newfoundland and Labrador is a place of opportunity. Our major industries include oil and gas, technology, mining, forestry, tourism, fishery, farming, manufacturing, service and culture.
 
Newfoundland and Labrador offers many opportunities for new entrepreneurs. Whether you are interested in local markets or international opportunities, there are many resources available to help your business achieve success. Business developers can take advantage of many services and supports provided by various organizations to help you research your industry in the local community.
 
Today’s global economy is providing new opportunities for businesses that previously had not been possible. Oil and gas exploration, for example, is bringing new opportunities for businesses to the province and the provincial government is ready to provide assistance to interested individuals. The provincial government has recently announced funding designated for individuals interested in starting their own businesses who require financial assistance. Eligibility requirements must be met in order to apply for funding.

Many newcomers to the province have initiated and maintained successful businesses in a wide variety of industries. The provincial department of Innovation, Trade and Rural Development is designed to answer any questions you may have and assist you in the area of business development. The province of Newfoundland and Labrador is open for business and here to help you.


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