Why Start a Business in Newfoundland & Labrador
In recent years, Newfoundland and Labrador has seen a strong focus from government to maximize the support available to all. As a result of this effort, all students in NL have been able to start businesses easier than ever before.
Whether you’re building a tech startup, launching a social enterprise, or creating a service business, NL offers comprehensive resources, mentorship, and funding opportunities to help you succeed.
International students and graduates are encouraged to explore entrepreneurship as a pathway to permanent residency and career success in the province.
Access multiple incubators, accelerators, and mentorship programs specifically designed for student entrepreneurs
Grants, competitions, and investment programs available to help you launch and scale your business
Free workshops, courses, and programs teaching business fundamentals and entrepreneurial skills
Entrepreneurship can support your permanent residency application through various immigration programs
Organizations Helping Students Start Businesses
Learn about some of the key organizations supporting student entrepreneurs in Newfoundland and Labrador
Genesis
Centre for Social Enterprise
Entrepreneurship Training Program
Navigate Program
Memorial Centre for Entrepreneurship (MCE)
Successful Startups Founded by Students in NL
These companies were founded by students and graduates from Newfoundland and Labrador institutions, proving that world-class businesses can be built right here
Colab Software
CoLab started in 2017 after the founding team continuously experienced the pain of design and manufacturing collaboration while working for some of the world's most innovative companies.
HeyOrca
Founded by 2 international students from Iran and Malaysia, HeyOrca is a social media planning & collaboration tool for social media teams. The platform makes drafting, approving, scheduling, and publishing social media posts a snap!
BreatheSuite
BreatheSuite allows patients to use their inhaler properly without the need for separate training devices. The BreatheSuite inhaler add-on connects directly to your smartphone via Bluetooth
Verafin
Verafin's cloud-based cross-institutional software is used by nearly 3000 financial institutions to fight financial crime and strengthen regulatory compliance.
WaterLily
WaterLily makes a portable river turbine loved by paddlers, campers, and off-gridders around the world. It generates power from rivers and streams to charge phones, speakers, cameras, and 12V devices.
Econext
Econext brings together businesses, government, and academic partners to drive clean growth in Newfoundland and Labrador. Through innovation and R&D, the initiative supports green technologies and sustainable development for the region.

