Through the Department of Business, Tourism, Culture and Rural Development, the Government of Newfoundland and Labrador encourages an innovative culture throughout the province and provides support to industry, labour, academic and other research and development institutions and businesses.
The department assists Newfoundlanders and Labradorians with competing head-to-head in markets around the world. As a department, we view innovation, quality infrastructure, strong private sector engagement, and a highly-skilled workforce as being key pillars in building vibrant, competitive regions throughout Newfoundland and Labrador.
BTCRD's business development programs help address the funding challenges that companies face as they develop new technologies, processes, products and services. BTCRD's business development funding supports the transformation of innovative ideas into new commercial products.
In addition to providing financial support to established and emerging businesses, the Department of Business, Tourism, Culture and Rural Development is focusing activities to enable Newfoundland and Labrador to grow and prosper.