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Economic Development

Since its establishment in the early 1900s, Grand Falls-Windsor has experienced substantial growth, currently boasting a population of 13,853 and serving as a central hub for 74 communities spanning from Central Newfoundland’s South Coast to its North East Coast, totaling a population of 74,843 according to the 2020 Census. This growth is the result of a strategic and collaborative approach to economic development. Grand Falls-Windsor actively engages with stakeholders across the Exploits Region and Central NL, working closely with the Province to align near-term priorities and initiatives with long-term goals and objectives. The local economy and population are increasingly diversified, with significant initiatives underway in key sectors such as education, immigration, healthcare, technology, tourism, recreation, mining, manufacturing, forestry, aquaculture, agriculture, warehousing and distribution, as well as commercial and residential construction. This holistic strategy positions Grand Falls-Windsor as a dynamic and thriving community with a vision for sustained growth and prosperity.

For inquiries regarding the Exploits Business Community, community demographic information, or any business-related queries, Exploits Connect is a valuable resource with comprehensive details about conducting business in Grand Falls-Windsor, Bishop’s Falls, Botwood & anywhere with Central Newfoundland & Lanrador. Feel free to explore the wealth of information available to assist you in understanding our vibrant community and its business environment.

Streamlining the acquisition of provincial permits and licenses, the BizPal program is designed to save local entrepreneurs both time and money. By guiding clients through a series of online questions about their business endeavors, BizPal generates a tailored list of all required permits and regulatory approvals necessary for operating a specific type of business. To initiate your search and access this helpful tool, simply click on the link below.

Embarking on the journey of starting a company or acquiring a business for sale entails a multitude of considerations—ranging from financing and business planning to marketing strategies and potential franchising opportunities. At our platform, we aim to simplify this intricate process by breaking down each crucial aspect, offering comprehensive insights, and providing the guidance you need to make informed decisions. Whether you’re a budding entrepreneur navigating the complexities of business initiation or an aspiring business owner exploring acquisition options, we’re here to help you make sense of it all and pave the way for your venture’s success.

Helpful Links

  1. CBDC Central Newfoundland: CBDC Central Newfoundland
  2. Business Development Bank of Canada (BDC): BDC – Newfoundland and Labrador
  3. Government of Newfoundland and Labrador – Business Services: Business Services
  4. Newfoundland and Labrador Organization of Women Entrepreneurs (NLOWE): NLOWE
  5. Canada Business Network – Newfoundland and Labrador: Canada Business Network – NL
  6. Newfoundland and Labrador Provincial Nominee Program (NLPNP): NLPNP – Business Immigration
  7. Central Regional Service Board – Business Waste Management: Business Waste Management
  8. Canadian Federation of Independent Business (CFIB) – Newfoundland and Labrador: CFIB – NL
  9. Central Newfoundland Chamber of Commerce: Central NL Chamber of Commerce
  10. Canada Small Business Financing Program: CSBFP – Newfoundland and Labrador

These resources include government agencies, financial institutions, and business support organizations that can provide valuable information, financing options, and support for entrepreneurs looking to start a business in Central Newfoundland.

  1. Atlantic Canada Opportunities Agency (ACOA): ACOA – Newfoundland and Labrador
  2. InnovateNL: InnovateNL
  3. StartupNL: StartupNL
  4. Newfoundland and Labrador Association of Technology Industries (NATI): NATI
  5. Community Business Development Corporations (CBDCs) – Newfoundland and Labrador: CBDCs NL
  6. Newfoundland and Labrador Construction Association (NLCA): NLCA
  7. Newfoundland and Labrador Environmental Industry Association (NEIA): NEIA
  8. Cooperative Education in Newfoundland and Labrador (CENL): CENL
  9. Newfoundland and Labrador Tourism: Tourism NL – Business Resources
  10. Memorial University – Gardiner Centre: Gardiner Centre

These resources cover various aspects of business development, innovation, technology, construction, environmental industries, cooperative education, tourism, and education. They offer support, information, and opportunities for entrepreneurs in Central Newfoundland to enhance their business endeavors.