Invest Nova Scotia

Invest Nova Scotia enables the bold. With strategic investments, we support community-based projects that spark innovation and collaboration and build stronger, more competitive sectors and regions.

Invest Nova Scotia – Eastlink Television Independent Production Program

Designed to finance Nova Scotian television productions, this program provides an equity investment of up to $300,000, to a maximum of 20% of the total budget. Eligible productions must be high in Canadian content.

Invest Nova Scotia – Export Growth Program

The Export Growth Program supports businesses looking to increase their export sales outside of Nova Scotia. The program provides financial incentives for projects that assist a business’ ability to overcome barriers to export growth. This includes: Supporting travel to marketassociated with visiting a client, potential partner, or investor in another market, or inviting a foreign client and/or potential partner to visit the Nova Scotia operation; and Mitigating trade show/conference costsby funding floor space, conference fees, travel and accommodation costs. The Export Growth Program contributes up to 50% of eligible costs to a maximum of $15,000 CAD for a business to: Travel to a market outside of Nova Scotia to attend a trade show, conference or to visit clients, potential partners or investors; Have foreign clients, potential partners or investors visit the business’ Nova Scotia facilities for the first time.

Invest Nova Scotia – Innovation Rebate Program

The Innovation Rebate Program supports Nova Scotia businesses looking to increase their global competitiveness. The program provides financial incentives on projects that enable a company to increase innovation capacity through private-sector capital investments or adoption of new technologies and business processes. The Innovation Rebate Program will work as a rebate against a company’s direct costs. An Eligible Project may include: implementation of new or significantly improved production processes or waste stream processing; investment in production capacity to enter new markets and/or produce new products; and establishment of new production facilities in Nova Scotia. An Eligible Project must have a total budgeted Nova Scotia investment (excluding tax) of not less than $2,000,000. The maximum amount of Eligible Project Costs to which the Innovation Rebate Program rebate will be applied is $15,000,000.

Invest Nova Scotia – Nova Scotia First Fund

The Nova Scotia First Fund targets emerging venture-grade technology companies with high growth potential and attractive risk-return prospects. We co-invest with institutional, private sector and angel investors from across Canada and beyond.

Invest Nova Scotia – Payroll Rebate

A payroll rebate is an earned incentive, paid out yearly after a company achieves pre-determined targets. The rebate is a return on a company’s eligible gross payroll. It is issued over a set number of years – usually between three and five – and to a set amount. This means that for every dollar a company spends in salaries and benefits, Invest Nova Scotia rebates back a negotiated percentage. The payroll rebate agreement includes performance targets that a company must achieve in order to receive the rebate, including: Number of new positions created Average annual salary

Invest Nova Scotia – Productivity and Innovation Voucher Program

The Productivity and Innovation Voucher Program helps small and medium sized companies access direct assistance to help make their business more productive and innovative. The program lets businesses seek out expertise within post-secondary institutions to: Improve productivity Develop a new product, service, or process Create growth There are two tiers of the Productivity and Innovation Voucher Program. Tier 1: Vouchers of up to $15,000 for eligible businesses that have not previously been awarded a voucher or are applying with a new project. Tier 2: Vouchers of up to $25,000 for eligible businesses to build on work already done. Vouchers are used to obtain services from eligible service providers. Businesses must select a provider and service that best fits their needs.

Invest Nova Scotia – Small Business Development Program

The Small Business Development Program supports Nova Scotia businesses looking to increase their export capacity. The program provides financial incentives on projects that assist a business to grow current exports or participate in a global supply chain by providing access to: Research expertise Expertise to improve productivity and competitiveness Expertise to improve capacity Expertise to remove barriers to exporting The Small Business Development Program supports the acquisition of a private sector consultant to provide professional expertise. The program contributes up to 50% of eligible project costs to a maximum incentive of $15,000. A business with revenue growth of at least 15% in its previous complete fiscal year will be eligible for up to 50% of eligible costs to a maximum of $25,000.

Invest Nova Scotia Accelerate Streams

Invest Nova Scotia is thrilled to announce five Invest Nova Scotia Accelerate streams, each offering cash and expertise to Nova Scotia start-ups hitting milestones on the path to investment-readiness.

Invest Nova Scotia The Early Stage Commercialization Fund (ESCF)

The Early Stage Commercialization Fund (ESCF) helps move Nova Scotia university, college and university-affiliated hospital research to market. Eligible participants include researchers engaged in information technology, life sciences, clean technology, ocean technology, or other technology development with market potential. Up to $50,000 in funding is available per project. Funds can be used to assess market potential, develop go-to-market strategies, perform strategic planning, create/update business plans, assist with intellectual property protection strategies, finish proof-of-concept development, build prototypes and leverage of other funds.