Green Transition Fund Program

For businesses in Newfoundland and Labrador facing rising energy costs, sustainability pressures, or new market expectations, investing in greener operations can feel risky without the right support. The Green Transition Fund Program is designed to reduce that risk by helping organizations move toward a low-carbon, environmentally focused economy while staying competitive. Delivered by the Department of Industry, Energy and Technology, the program supports both traditional sectors looking to modernize and emerging opportunities tied to clean growth.

Funding through the Green Transition Fund can reach up to about $3 million per project and is provided on a non-repayable basis, typically covering a portion of eligible costs rather than the full investment. It can be used for a wide range of green transition activities, including improving the environmental performance of existing operations, piloting or developing green technologies, strengthening green supply chains, and undertaking research or demonstration projects. Support may also extend to feasibility studies, specialized expertise, market development, and workforce skills needed to carry out these initiatives. Indigenous-led and rural projects are a key focus, with added flexibility to encourage participation.

With applications currently accepted on an ongoing basis, the program offers a meaningful opportunity for Newfoundland and Labrador businesses and organizations planning longer-term green investments. Exploring the full details can help determine how this funding could support your transition goals.