Job Accelerator and Growth Program

The Job Accelerator and Growth Program (JAG Program) is a new program created to support job creation and investment in Newfoundland and Labrador. The program will promote economic growth and development by providing a payroll rebate on qualifying incremental job creation. The program aims to attract established companies that are ready to commit to the province long term, have solid management, a record of success, and a clear path to growth. These could be companies outside the province seeking to establish a new presence, or companies in the province that are looking to expand.

Qualifying companies will receive an annual payroll rebate of 10 per cent on each incremental job created for the duration of the three-year period, subject to the provision of annual payroll data to the province. A further five per cent incentive will be available for the hiring of recent graduates in the province, or for the hiring of newcomers to the province who have priority skills that are in short supply in Newfoundland and Labrador.

The key objectives of the program include:

• Attracting inward investment, including but not limited to, in areas where there may be opportunities and/or gaps in innovation, technology and related supply chain capabilities;
• Fostering inclusive population growth and job creation;
• Increasing the likelihood of success for companies looking to enter or expand in the Newfoundland and Labrador economy; and
• Driving meaningful economic growth and development in Newfoundland and Labrador.

Log in with Google

OR

Get Started to Apply