Amount:$1,000,000.00 Type of Program:Loan & Investment Description:The Business Investment Program provides term loans and equity investments to Newfoundland and Labrador SMEs in strategic growth sectors as identified by Industry, Energy and Technology (IET). The fund is also available to businesses which have export potential and require assistance to enter or expand in external markets.Funds are…
Amount:No Fixed Amount Type of Program:Investment Description:The Nova Scotia First Fund provides financing for emerging venture-grade technology companies with high growth potential and attractive risk-return prospects. Target industries include information technology, life sciences, clean technology and ocean technology. Comments on Funding:The fund co-invests with institutional, private sector and angel investors from across Canada and beyond….
Amount:$25,000 Type of Program:Grants Description:Capital Acquisition Assistance supports Prince Edward Island businesses investing in technology, equipment, and infrastructure needed to grow their business and increase capacity and competitiveness.Comments on Funding:The program provides up to 25 per cent of the eligible costs to a maximum of $25,000 assistance. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:The applicant must: be…
Amount:No Fixed Amount Type of Program:Tax Credit Description:The Enriched Investment Tax Credit adds to the existing PEI Investment Tax Credit of 10%. It is applied to certain capital investments by manufacturing and processing companies. An enriched tax rebate for an additional 25% tax credit will be available for manufacturing and processing companies that invest in…
Amount:No Fixed Amount Type of Program:Rebate Description:The Equity Investors Incentive provides new and expanding businesses in Prince Edward Island with a tool to encourage and attract private sector investment. The program provides a non-repayable incentive to investors to encourage investment in an approved Prince Edward Island-based investee business by increasing the return-on investment to investors….
