If your organization helps grow the economy in Newfoundland and Labrador, the Regional Development Fund (RDF) may cover part of your project costs. This provincial program supports community and regional projects that make local economies stronger, build skills, and encourage new ideas across the province.
One important thing to know: the Regional Development Fund does not give money directly to businesses. It funds organizations whose projects help regions, sectors, or communities. Sometimes, these projects support local businesses, but only through the work of eligible organizations.
The Regional Development Fund is run by the Department of Industry, Energy and Technology. It has two main parts.
This is the main stream of the Regional Development Fund.
What it supports
Who can apply
How much funding is available
This program is best for planning, pilot projects, coordination, or early-stage work. It does not usually fund large construction or capital projects.
This part of the fund helps communities get ready for economic development.
What it supports
Who can apply
Funding rules are the same as the Regional Development Program. The fund covers up to 25% of project costs and does not need to be paid back.
The Regional Development Fund is usually open all year. Applications are reviewed as they come in.
Application steps
GrantHub features many grant programs in Newfoundland and Labrador. Their eligibility tool can help you check if your organization and project match the Regional Development Fund.
Applying as a private business
The RDF does not fund businesses directly. Only eligible organizations can apply.
Asking for more than 25% of project costs
Applications will be declined if you request more than the allowed share.
Not explaining the economic benefits
Make sure your proposal clearly shows how it will help the local or regional economy.
Relying only on RDF funding
You need to show other sources of funding or in-kind support. The RDF is not meant to cover all project costs.
Q: What is the Regional Development Fund in Newfoundland and Labrador?
The Regional Development Fund is a provincial program that gives non-repayable funding to organizations that support economic development, innovation, and capacity building in Newfoundland and Labrador.
Q: Is the Regional Development Fund repayable?
No. All contributions from the Regional Development Fund are non-repayable.
Q: Can for-profit businesses apply to the Regional Development Fund?
No. Businesses cannot apply directly. However, they may benefit from projects led by eligible organizations.
Q: How much funding can an organization receive?
Regional organizations can get up to $5,000 per year. Provincial organizations can get up to $10,000 per year. The fund will not pay for more than 25% of total eligible costs.
Q: Can Regional Development Fund funding be combined with other grants?
Yes. You can use other grants, as long as the RDF does not pay for more than 25% of project costs and you list all other funding.
How to Apply for the Regional Development Fund in Newfoundland and Labrador
A step-by-step guide to preparing your RDF application and understanding the process.
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If your organization works to build stronger communities or grow the economy, the Regional Development Fund could be a good fit for your project. GrantHub lists many grant programs in Newfoundland and Labrador, making it easier to compare options and find the right funding for your needs.
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