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:Grants Description:The Self Employment (SE) program provides entrepreneurial support and financial assistance to Labor Market Development Agreement (LMDA) eligible, unemployed Nova Scotia participants starting their own business. The maximum duration of an agreement with a participant is 40 weeks. In addition to financial support, the Self Employment (SE) Benefit program offers…
Amount:No Fixed Amount Type of Program:Grants Description:Self-Employment Assistance is an employment program that provides financial and entrepreneurial assistance to eligible individuals to help them create jobs for themselves by starting a business. The maximum duration of an agreement with a participant is 52 weeks, and 78 weeks for persons with a disability.Comments on Funding:The applicant…
Amount:No Fixed Amount Type of Program:Subsidy Description:Graduate to Opportunity (GTO) is helping to build a stronger workforce and retain young people in Nova Scotia with a salary incentive that makes it easier to hire recent graduates. Comments on Funding:Funding is 25% of the first year’s salary – 35% if the new graduate is a member of…
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….
