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Small Business Week highlights the importance of small businesses in Newfoundland & Labrador’s green economy

For Immediate Release
October 24, 2014

ST. JOHN’S, NL – October 19-25, 2014 is ‘Small Business Week’ in Canada, and the Newfoundland and Labrador Environmental Industry Association (NEIA) is celebrating the small businesses that are critical to the growth of the province’s green economy.

“There is no greater contributor to an economy than small business,” notes Ted Lomond, Executive Director of NEIA. In Canada 70 percent of employment is attributed to small business, while 78 percent of new jobs are created by them. “Small and medium-sized businesses will play a crucial role in the growth and diversification of the economy in Newfoundland and Labrador.”

This is especially true for the province’s green economy, says Lomond. “There are exciting things happening here, driven by our small businesses. Whether it is the real time monitoring and analysis of environmental conditions, the provision of water and wastewater solutions for our municipalities, or the creation of electric vehicle infrastructure province-wide, small businesses are creating a greener future in Newfoundland and Labrador and contributing significantly to our economy.”

NEIA is a not-for-profit association of businesses that exists to promote and support the growth and development of the environmental sector in Newfoundland and Labrador. A full list of NEIA’s members – and the exciting contributions they are making to the province’s green economy – can be found at

NEIA aggressively supports the growth of firms within the sector, providing and facilitating important programs for new and growing businesses. These initiatives include supports in: innovation and matching academic research with local business interests; international business, network, and export development; productivity and competitiveness programming, and more.

“The environmental sector is growing in Newfoundland and Labrador,” says Lomond. “From construction and oil and gas to mining and engineering, the green economy encompasses elements of many sectors of our economy.”

Lomond encourages small and medium-sized businesses to contact NEIA if their work considers the environment. “NEIA aims to provide its small and medium-sized business members with the resources and support they need to achieve sustainability and expansion objectives,” says Lomond.

NEIA is The Business of the Environment, and has over 170 members.

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Media Contact:
Kieran Hanley


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