|

Nova Scotia Capital Investment Tax Credit (CITC)

Amount: $ 30,000,000.00 Type of Program:Tax Credit Description:The Nova Scotia Capital Investment Tax Credit (CITC) is a 15% refundable corporate income tax credit claimed by eligible corporations for capital equipment acquired for use in Nova Scotia on or after January 1, 2015. The capital equipment must be acquired as part of an “approved project”.The CITC…

|

Business Investment Fund – Business Development Support Program

Amount:$100,000 Type of Program:Grants Description:The Business Development Support Program assists Newfoundland and Labrador SMEs with opportunities to increase their productivity and improve their competitiveness. Funding is available for productivity improvements, knowledge development, market development and/or professional technical advice.Comments on Funding:Funding is in the form of a non-repayable contribution(s) to a maximum amount of $100,000 per…

| |

Business Investment Fund – Business Investment Program

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…

|

Manufacturing and Processing Assistance

Amount:No Fixed Amount Type of Program:Loan Description:The Manufacturing and Processing Assistance provides financial support to manufacturing and processing businesses in Prince Edward Island to buy land and buildings, specialized equipment, and in some cases, production inventory. The assistance can take the form of: capital loans for the purchase and/or refurbishment of capital assets and in…

|

Micro-Loan Program

Amount:$15,000.00 Type of Program:Loan Description:The Micro-Loan Program supports Prince Edward Island new and existing entrepreneurs with financing and working capital requirements.Comments on Funding:Funding is up to a maximum of $15,000 per applicant.Repayment terms are up to a maximum of 5 years at an interest rate of TD Bank Prime + 4.5%.  When It Ends:Ongoing Deadline:Rolling…