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Government of Nova Scotia, Invest Nova Scotia
Funding for Nova Scotia SMEs
Helps businesses improve production processes or enter new markets. Covers up to 25% of project costs, with a rebate of up to $3,750,000.
Financial incentives provided as a rebate against a company’s direct project costs. The rebate is applied to eligible project costs ranging from a minimum of $350,000 to a maximum of $15,000,000. It supports projects that drive innovation, productivity, increased production capacity, and sustainable growth for Nova Scotia companies.
Business Size: small, medium
Industries: advanced manufacturing, aerospace and defence, agri-food and beverage, clean technology, critical minerals and mining, life sciences, ocean technology, seafood, forestry, agriculture
Region: Nova Scotia
Other Criteria: companies seeking to scale and increase competitiveness, projects focused on innovation, productivity, increasing production capacity, or adopting cleaner/more sustainable growth approaches, minimum total budgeted Nova Scotia investment of $350,000 (excluding tax), projects supporting Nova Scotia’s Environmental Goals and Climate Change Reduction Act (e.g., improving energy efficiency, integrating renewable energy, waste reduction, circular economy activities, greenhouse gas emissions reduction, increasing resilience to climate change impact), projects scaling production capacity for sustainable and clean products, projects strengthening supply chains to enable production in Nova Scotia, projects increasing production capacity to enter new markets and/or produce new products, projects establishing new production facilities in Nova Scotia, projects for value-added processing in traditional industries
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This program is available to small, medium businesses in advanced manufacturing, aerospace and defence, agri-food and beverage industries located in Nova Scotia.
This program offers funding up to $3,750,000 (minimum $350,000).
This program accepts applications on a rolling basis.
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