Innovation Rebate Program
Be more competitive in global markets.
The intake period for the 2020 Innovation Rebate Program is now closed.
The Innovation Rebate Program will work as a rebate against a company’s direct costs. Eligible expenditures will include direct costs of Eligible Projects as defined in the Innovation Rebate Program Guidelines.
An Eligible Project is a project approved by NSBI, for purposes of the Innovation Rebate Program, and 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.
The intake period for the 2020 Innovation Rebate Program is now closed and applications are no longer being accepted. Please check back at a later date for information pertaining to the 2021 Innovation Rebate Program intake period.