The following companies/organizations are Investors of the Cape Breton Partnership and offer services specific to business development.
Micro-Loan Program
Under the Micro-Loan Program, women+ entrepreneurs from across Unama’ki – Cape Breton will be eligible to apply for a loan of up to $10,000. The Micro-Loan Program is made possible by the partnership and participation of the Cape Breton Partnership, Sydney Credit Union, East Coast Credit Union, Cape Breton Regional Chamber of Commerce, Strait Area Chamber of Commerce, Centre for Women in Business, and Centre for Entrepreneurship Education and Development.
READ MORESydney Credit Union
We are a financial cooperative committed to providing programs and services which enhance the economic and social well being of our members and our community. As a Sydney Credit Union member, you have access to a complete and competitive line of financial products and services – and the convenience of our three full service branches, one in Sydney, one in Sydney River and now one in Whitney Pier. We offer personal and commercial loans, mortgages, chequing and savings accounts, MasterCard® products including CHOICE REWARDS®, RRSPs, RRIFs, RESPs, GICs, Internet and telephone banking, and several money savings package plans, suited to meet your financial needs.
READ MORETourism Industry Association of Nova Scotia (TIANS)
TIANS prides themselves as the champion of advocacy for tourism issues in Nova Scotia. By listening to their members, TIANS is fiercely working on their behalf with a passion for the tourism industry, sincere compassion for their well-being and the desire to advance change. In working with their partner associations and stakeholders, they ensure that they are involved in the development of the tourism industry at the regional, provincial, and national levels.
READ MORE2089 Maitland Street Halifax, Nova Scotia B3K 2Z8
902-423-4480
information_central@tourism.ca
Visit websiteVirtual Adviser Program
Get one-on-one support from an experienced business adviser. Our free Virtual Adviser Program powered by BoomersPlus.com will match you with a seasoned professional to help you solve a unique challenge your business is facing during this difficult time. The program is available to businesses operating in Cape Breton. The Virtual Adviser Program is powered by BoomersPlus.com which specializes in matching organizations with seasoned talent to fill project or term roles. Their network includes thousands of professionals, managers and executives ready to share their experience and expertise.
READ MOREShannon McNeil
Business Planning Advisor
285 Alexandra Street, Sydney, NS,
902-562-0122
shannon@capebretonpartnership.com
Visit websiteDigital Media Tax Credit
Nova Scotia offers a digital media tax credit that rivals all others in Canada – making this the ideal place for video game development and interactive media. Qualifying companies can claim the lesser of 50% of the qualifying expenditures or 25% of total expenditures. Qualifying expenditures could include: 100% of eligible salaries in Nova Scotia, 65% of third-party labour remuneration and up to $100,000 in marketing and distribution expenditures.
READ MOREECO Canada – Environmental Youth Corps Internship Program
If your business is in the science, technology, engineering or mathematics fields, you may be eligible to hire a young professional for a full-time environmental position. As the leading provider of employment programs that contribute to the development of the environmental workforce for the past 20 years, we are the source for employers and candidates to receive wage funding support. Our program gives eligible employers who work in Science, Technology, Engineering, Mathematics (STEM) or Natural Resources up to 50% of a candidate’s salary for new full-time environmental jobs. Employers may use this program to fund multiple new positions. Funding will be pro-rated dependent upon start date. The program offers: A wage subsidy up to $15,000 Pre-approved, skilled graduates
READ MOREEDC Financing
EDC offers competitive payment terms, direct financing for key deals or experienced partnerships for financing high-value, high-stakes international projects.
READ MOREEfficiency Nova Scotia
We help all types of businesses, from small mom-and-pop shops to large industrial manufacturers and everything in between. Here’s how we can help small businesses: We provide rebates that cover up to 60% of the total project cost for energy efficiency upgrades, a free energy assessment for businesses who qualify and 24-months interest free financing on your Nova Scotia Power bill. Until December 31, 2021, incentives have increased to cover up to 80% of the total project cost on select lighting and all commercial heating measures. Starting June 29, incentives for energy efficiency upgrades will be available for non-electrically heated small businesses and not-for-profits. Incentives will be available for select products in the following categories: Heating Kitchen Equipment Water Heating Laundry Equipment Agriculture Technologies Solar Our Business Energy Rebates Program offers instant and mail-in rebates for qualifying energy efficient products, too. For more information on programs for small businesses, contact Spencer Leblanc our Business Development Manager dedicated to helping small businesses save. Contact information can be found below. If you’re constructing a new building, planning an expansion, or undertaking major renovations, larger businesses can benefit from rebates on high quality, efficient equipment and programs that identify energy savings to reduce their maintenance costs and equipment run times. For more information on our programs please visit our website.
READ MOREEmployment and Social Development Canada – Apprentice’s Loss of Wages Program
Employers may top up an apprentice’s loss of wages while the apprentice is attending technical training, and this allowance is not considered as earnings to be deducted from EI benefits.
READ MOREEmployment and Social Development Canada – Canada Summer Jobs Fund
Do you plan to hire students to help out at your small business next summer? This wage subsidy could help you pay up to 50% of the salary to an eligible full-time student. To qualify: Students must be between 15 and 30 years old You should have no more than 50 full-time employees You need to meet the priorities set by your region The value of the subsidy is based on the minimum wage in your region. Not-for-profit organizations are eligible for 100% of the student’s salary.
READ MOREEmployment and Social Development Canada – Career Focus
You could get financial assistance if you can offer career-related work experience to young people between the ages of 15 and 30. To qualify, your business or non-profit organization needs to: Hire 8 or more recruits (exceptions for rural or remote regions) Offer between 6 and 12 months of work that improves the skills of recruits Provide coaching or mentoring Base the project in Canada Priority is given to work experience in growth sectors.
READ MOREEmployment and Social Development Canada – Compensation for Employers of Reservists Program
Get a one-time grant for operational losses when a reservist employee takes time away from work to serve on military operations. Eligibility criteria includes: Be a Canadian employer of a reservist Reservist must be deployed for a minimum of 30 days to a maximum of 18 months Provide documentation that reservist worked for you prior to their leave of absence Application must be received no later than 12 months following reservist’s return
READ MOREinformation@forces.gc.ca
Visit websiteEmployment and Social Development Canada – Skills Link
You could get up to $25,000 per participant to hire and train youth between the ages of 15 and 30 who face barriers to employment. Participants must also be: Canadian citizens, permanent residents, or persons who have been granted refugee status in Canada Legally entitled to work Not in receipt of employment insurance benefits Employers must: Recruit participants Propose a project that involves a minimum of 8 youth participants Provide work experience-type activity Enable participants to gain experience and skills to help them find work later on Contact the Service Canada Centre in your region http://www.servicecanada.gc.ca/tbsc-fsco/sc-lst.jsp?prov=NS&lang=eng
READ MOREEmployment and Social Development Canada – Student Work-Integrated Learning Program
If your business is having difficulty finding qualified workers in the field of science, technology, engineering, or math (STEM) and business, you can apply for a wage subsidy to hire a post-secondary student. Subsidies cover: Up to 50% of the wage cost (up to $5,000) per student Up to 70% of the wage cost (up to $7,000) per placement of a student from an under-represented group (first-year students, women in STEM, Indigenous students, persons with disabilities and newcomers) You can apply to one of many participating employer groups.
READ MORENC-DGOP-POB-SWILP-PAIMTE-GD@hrsdc-rhdcc.gc.ca
Visit website