Amount:$500,000 Type of Program:Loan Guarantee Description:The Small Business Loan Guarantee Program delivers better financial assistance for the start-up and expansion of small businesses in Nova Scotia by providing them loan guarantees.Credit unions are the only financial provider to offer access to the financing program and they can provide financing up to $500,000 in the form…
Amount:No Fixed Amount Type of Program:Tax Credit Description:Nova Scotia corporate tax reduction for new small businesses is a tax reduction that applies to the first three tax years of an eligible corporation.Comments on Funding:New small businesses have their first three years income tax reduced. The tax reduction is based on the portion of an eligible…
Amount:$7,500.00 Type of Program:Grants Description:The Business Valuation and Succession Planning is available for commercial businesses in Newfoundland and Labrador. Professional valuators will be engaged directly by CBDCs and small businesses in rural communities to estimate the economic value of an owner’s interest in a business in order to help businesses determine the sale price of…
This program is currently closed. Amount:$100,000.00 Type of Program:Grants Description:The Small Business Lighting Program provides financial incentives to New Brunswick small businesses for energy efficient lightning. Comments on Funding:The financial incentive offered is $0.17/kWh saved as a result of eligible upgrades to lighting systems and lighting controls, to a maximum of $10,000 (excluding HST) per business…
