Department of Innovation, Trade and Rural Development (INTRD)
The Department of Innovation, Trade, and Rural Development has a variety of programs, both financial and non-financial to assist businesses with everything from start-up and expansion to export and marketing. For more information visit the Department's website at www.gov.nl.ca/intrd
INTRD is also responsible for the Economic Diversity and Growth Enterprises (EDGE) Program.
This program provides a package of incentives to encourage significant new business investment in the Province to help diversify our economy and stimulate new private sector job creation, particularly in rural areas. It offers a 100% rebate on provincial corporate income tax and the provincial health and post-secondary education (payroll) tax for a period of 10 years if the business is established within the Northeast Avalon area and for 15 years if it is established outside of the Northeast Avalon area.