Type of Program:
The New Product Creator Program support the development of a new product with a focus on using Nova Scotia agricultural by-products or production of a beverage. Participants must be ready and willing to complete the commercialization cycle to take a product to market with the goal of this program to have a prototype created and the scale up process determined.
Comments on Funding:
Funding is up to a maximum of $20,000 per annum per applicant.
Projects are cost-shared to a maximum of 50/50 with applicants.
Applicants must pay 20% of their contribution for the project to begin, with the remaining 80% of their contribution due at project completion.
When It Ends:
The applicant must:
submit the completed application form, and a brief business and marketing plan,
provide further information if required,
be able to provide a 20% down payment of their portion of the project before work begins.
The applicant must submit: