Canada Backs St. John's Businesses to Modernize

Atlantic Canada Opportunities Agency

July 16, 2026 · St. John's, Newfoundland and Labrador · Atlantic Canada Opportunities Agency (ACOA)

St. John's, Newfoundland and Labrador

Investment: $975,000 (non-repayable)

This project will help Browning Harvey boost efficiencies by adopting new automated bottling technologies to reduce costs, improve competitiveness, and better position the company to respond to trade instability.

Newdock (St. John's Dockyard Ltd.

St. John's, Newfoundland and Labrador

Investment: $950,000 (non-repayable)

This project will enable Newdock to engage experts to support the design and expansion process for its St. John's facility to increase capacity for larger vessels, improve productivity and help the company become more resilient in the face of trade instability.

Virtual Marine Technology Inc.

Paradise, Newfoundland and Labrador

Investment: $500,000 (non-repayable)

This project will help Virtual Marine engage in market development activities that diversify revenue with a focus on increasing sales in Southeast Asia and Europe.

Solace Power Inc.

Mount Pearl, Newfoundland and Labrador

Investment: $400,000 (non-repayable)

This project will help Solace Power engage in market development activities that grow sales in Canada, Europe and Southeast Asia.

Compusult Ltd.

Mount Pearl, Newfoundland and Labrador

Investment: $250,000 (non-repayable)

This project will help Compusult engage in market development activities that diversify revenue with a focus on increasing sales in Canada and Europe.

GRi Simulations Inc.

Mount Pearl, Newfoundland and Labrador

Investment: $250,000 (non-repayable)

This project will help GRi Simulations develop new products and expand market opportunities with a focus on increasing sales in Canada and acquiring new sales in Europe and Southeast Asia.

Jumping Bean Coffee Inc.

Mount Pearl, Newfoundland and Labrador

Investment: $100,000 (non-repayable)

This project will help Jumping Bean Coffee improve visibility and market development through product redesign, a new branding strategy and promotional activities, as well as product expansion.

YourStyle Kitchens Ltd.

St. John's, Newfoundland and Labrador

Investment: $100,000 (non-repayable)

This project will help YourStyle Kitchens boost efficiencies within cabinet production processes to reduce production costs and improve competitiveness with new specialized equipment and technologies.

Newbornlander Baby Store Inc.

St. John's, Newfoundland and Labrador

Investment: $40,000 (non-repayable)

This project will help Newbornlander adopt new technologies and explore specialized expertise in fabric manufacturing to reduce reliance on foreign suppliers, making the company more competitive and protected against trade instability.

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