Grant Name: Value-Added Manufacturing

Status:

Active

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Deadline:

Ongoing

Description

Divert NS funds projects designed to commercialize new technology, products or services focusing on innovation.

Eligibility

Eligible applicants include individual businesses (sole proprietorships, partnerships, corporations), business associations or industry groups, and industry-led collaborative partnerships between the private and public sectors and two or more businesses or consortia.

Applicants must hold the necessary licenses, leases, and permits, where applicable. Applicants must confirm at least a 20% equity position in the project to qualify for assistance. Applicants and/or project activities shall be    based in Nova Scotia, unless specifically approved by Divert NS. Divert NS encourages business alliances and partnered proposals for new products, services, and technologies of province-wide significance and benefit.

How to Apply?

Applications can be submitted at any time. The Committee meets quarterly or as required – depending upon applications received. Applications should be submitted several weeks prior to a committee meeting to allow adequate assessment and research of the application. Staff can be contacted any time to discuss application timing and Committee meeting dates.

·         Electronic copies are accepted by e-mail at klpooley@divertns.ca.

  • Hard copies may be delivered to Divert NS’ office at: 35 Commercial Street, Suite 400, Truro NS B2N 3H9

Funding Amount

The maximum program contribution will generally be no more than 50% of total costs of the proposed project. In some instances, where in the opinion of the Committee the project is of particular strategic value, a higher level of assistance may be offered. The amount of funding available each year is limited.

Assistance will be provided in the form of a loan, forgivable loan, and/or non-repayable contribution depending on the projects perceived strategic value by the Committee.

Contact Information

Toll free: 1-877-313-7732
Email: info@divertns.ca

Processing Fee

N/A

Location/Classification

Nova Scotia
Technology / Innovation

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