Technology Utilization Program (Newfoundland and Labrador, Canada)

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Last modified on February 12, 2015.

EZFeed Policy

Place Newfoundland and Labrador


   
Applies to States or Provinces Newfoundland and Labrador
Name Technology Utilization Program (Newfoundland and Labrador, Canada)
Policy Category Financial Incentive
Policy Type Rebate Program
Affected Technologies Biomass/Biogas, Concentrating Solar Power, Solar Photovoltaics, Wind energy
Active Policy No

Implementing Sector State/Province
















Maximum Incentive $75,0000










Program Administrator Newfoundland and Labrador Department of Innovation, Business and Rural Development
Primary Website http://www.ibrd.gov.nl.ca/



Last Review 2014-09-05
Last Substantive Modification
to Summary
2013-09-05


Summary

This policy is no longer active. In 2013 the Technology Utilization Program will be absorbed into the new Business Development Fund.

The Technology Utilization Program assists Newfoundland and Labrador businesses with increasing its technology capacity to improve business processes, product quality, efficiency and competitiveness. The program also enables businesses to utilize technology to become energy efficient and reduce its emissions.

The program provides non-repayable contributions normally up to 80% of the project’s total eligible costs to a maximum of $75,000 per project.

Eligible activities include: • The introduction, modification or replacement of technology (including machinery and equipment and software) that provides significant benefit to a business’s operational processes, production or product quality • Introducing technology to support green initiatives • Technology transfer, including professional expertise and technical training

Financial assistance is available to Newfoundland and Labrador based corporations, partnerships, sole proprietorships, co-operatives and business networks.



Policy Contact

Department Newfoundland and Labrador Department of Innovation, Business and Rural Development
Division Local Offices







Email IBRD@gov.nl.ca
Website http://www.ibrd.gov.nl.ca/department/contact.html
     
     


















References