Newfoundland and Labrador is putting nearly $2 million toward artificial intelligence training for small and medium-sized enterprises across the province, launching a new micro-credential program to help businesses enhance productivity and operations.
The $1.95 million investment will support the Newfoundland and Labrador Association of Community Business Development Corporation’s new program, developed in partnership with Keyin College.
The initiative aims to address challenges many small businesses face with core functions including human resources, finance and customer experience by equipping them with practical AI skills.
“Small and medium-sized businesses are critical to our provincial economy. This training will help them use artificial intelligence in practical ways to grow, adapt and stay competitive in a rapidly changing labour market,” said Sarah Stoodley, minister of Immigration, Population Growth and Skills.
Program structure
The micro-credential curriculum features three components: an introduction to AI for small businesses, focused training in specific operational areas, and a capstone project where participants develop an AI-based solution to a business challenge.
Training will begin in June 2025, with 650 employees from 325 small and medium-sized enterprises participating in the first cohort. The program also includes training for Community Business Development Corporation officers to ensure ongoing support for AI adoption.
“The rapidly developing field of artificial intelligence has the potential to provide business solutions for many of our province’s small and medium-sized enterprises,” said Steve Crocker, acting minister of Industry, Energy and Technology.
Industry partnership
Wayne Power, chairperson of the Newfoundland and Labrador Association of Community Business Development Corporations, highlighted the program’s potential impact: “AI adoption will create advantages for Newfoundland and Labrador businesses, and help them streamline processes, stay competitive and increase productivity.”
The funding comes through the Canada-Newfoundland and Labrador Labour Market Development Agreement.
“At Keyin College, we believe technology should be accessible, practical, and empowering — especially for small and medium-sized businesses that are the backbone of our economy,” said Craig Tucker, co-owner of Keyin College.
