Type of Program:
Invest Nova Scotia, the Nova Scotia Innovation Hub and Bioenterprise Canada Corporation have partnered to create GreenShoots, supporting early stage companies in the agriculture, agri-food, bioeconomy, clean technology, and related sectors. The goal of GreenShoots is to find and support high potential, early stage knowledge-based Nova Scotia companies, and encourage entrepreneurial activity in the province. The support is intended to help improve the export potential of companies, projected impacts on climate change, job creation, and generation of economic impact in rural areas.
Comments on Funding:
Successful applicants receive up to 90 per cent of total eligible costs to a maximum of $40,000 in non-dilutive, non-repayable funding.
When It Ends:
August 2, 2022
To be Determined
Companies that have raised more than $25,000 in equity investment from Invest Nova Scotia are ineligible. Stacking Invest Nova Scotia and other government funding programs is subject to review and approval by the judging committee. Previous GreenShoots recipients are eligible to apply for GreenShoots again if they have new milestones that demonstrate traction towards investibility.
Applicant must submit their application;
Applicant must present their business overview, proposed budget and milestone plan over Zoom.
No specific documentation has been identified.
Other Things to Note:
GreenShoots is now closed for submissions. The deadline to apply was Tuesday, August 2, 2022, by 11:59 pm ADT. Check the website for updates.