Massive Grant Boosts Development in Newfoundland and Labrador

woman wearing red and black checkered dress shirt and beige fedora hat holding canada flag looking at lake
Photo by Andre Furtado on

Key Takeaways:

  • The Government of Newfoundland and Labrador receives a grant of 716000 USD.
  • This funding is set to boost growth and development within the jurisdiction.
  • The generous Grant is provided by the Government of Canada.

The Government of Newfoundland and Labrador recently announced a major fundraising round, facilitated by a substantial grant from the Government of Canada. The funding, totalling 716000 USD will be instrumental in further supporting the development and growth of the Corporation in Newfoundland and Labrador.

With Newfoundland’s Government now on crunchbase, their progress in developing the region can be readily tracked. This move marks the first instance of a governmental body setting up a profile on the platform.

The grant was officially announced on July 13, 2023, and brings the Government of Newfoundland and Labrador’s total funding amount to 716000 USD, exclusively facilitated by this single grant. This level of investment from the Canadian Government not only solidifies confidence in the capacity of the Newfoundland and Labrador Government but also undoubtedly underlines the specific strategic and economic values that Newfoundland and Labrador represent for the entire country.

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