Due to the effects of COVID-19, the Cape Breton Partnership has put together a list of helpful resources.

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NSBI- Innovation Rebate Program

Wanda MacLean


902-227-7144

wmaclean@nsbi.ca

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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.