🏠 | Nova Scotia | Energy Efficiency Innovation financing

Energy Efficiency Innovation financing

Maurice
By Maurice | May 1, 2025

Amount:

no fixed amount

Type:

Loan

Description:

The Energy Efficiency Innovation financing aims to support eligible seafood businesses with the adoption of energy efficient technologies to reduce GHG emissions. Financing is complementary to the Fisheries and Aquaculture Energy Efficiency Innovation Fund administered by EfficiencyOne and can assist eligible seafood businesses to invest in electrification, operational efficiency or renewal energy and alternative fuel projects.

Comments on Funding:

Successful applicants will be eligible for a 0.50% interest-rate reduction on the entirety of the loan for eligible projects.*

Deadline:

Continuous Intake

Eligibility:

Applicants must be active fishers, aquaculturists, seafood processors, and boat builders as well as those looking to get into or get back into the industry.

Application Steps:

Applicants must:
1. complete and attach the forms required
2. need to complete one of more Appendices as instructed in the application checklist, based on the type of loan you’re applying for. 3. also need an additional copy for a guarantor or when working with your boatbuilder on a new build.

Documentation Needed:

Applicants must submit:

1. Application Form
2. Appendix D – Personal Financial Statement
3. Creditor Life Insurance Form
4. Certificate of Life Insurance

Web Page:

https://nsfishloan.ca/energy-efficiency/
Maurice

About the author

Maurice
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.