Nova Scotia Innovation Rebate Program

March 15, 2022

Funding Program News Nova Scotia Innovation Energy Reduce GHG Emissions

Significant Rebates Available for Businesses in Nova Scotia Investing in Advancing Innovation, Productivity, and Clean Growth 

The Innovation Rebate Program (IRP) provides financial incentives for projects that assist Nova Scotia companies as they scale to increase their competitiveness. The program supports companies as they innovate, drive productivity, increase production capacity, and adopt cleaner and more sustainable approaches to growth across Nova Scotia.

The IRP will be combined with the Forestry Innovation Rebate Program and Small Medium Enterprise Innovation Rebate Program as of April 1, 2022.

 

Eligible Projects

To be considered eligible, projects must be approved by Nova Scotia Business Inc. for purposes of the IRP and may include:

  • Implementation of new, significantly improved, and/or more sustainable production processes;
  • Supporting the sustainability of traditional industries, including improving energy efficiency, integrating renewable energy, waste reduction, circular economy activities, greenhouse gas emissions reduction, and increasing resilience to the impacts of climate change;
  • Scaling production capacity for companies producing sustainable and green products that will support sustainable development goals in Nova Scotia and globally;
  • Strengthening supply chains to enable production in Nova Scotia (projects that replace existing Nova Scotia based producers are not permitted);
  • Increasing production capacity to enter new markets and/or produce new products;
  • Establishing new production facilities in Nova Scotia; and
  • Value-added processing for traditional industries such as forestry, seafood, and agriculture


Funding Details

  • The IRP will cover up to 25% of eligible project costs.
  • An eligible project must have a minimum total budgeted Nova Scotia investment (excluding tax) of no less than $350,000, and the maximum amount of eligible project costs to which the IRP rebate will be applied is $15,000,000.

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At GrantMatch, we acknowledge that our headquarters are situated on the Treaty Lands of the Mississaugas of the Credit First Nation, as well as the Traditional Territory of the Haudenosaunee, Huron-Wendat, and Anishinabek people. This land is covered by the “Dish With One Spoon” wampum agreement. We respectfully recognize that these lands’ original inhabitants and caretakers are First Nation and Métis people, and we are deeply grateful to be able to work on this land. As a remote team with employees across Turtle Island, also called North America, we would like to acknowledge the importance of the land that each of our team members calls home. GrantMatch actively encourages employees to learn about the history of the land on which they are situated and their local Indigenous peoples.