Invest Nova Scotia — Acceleration Initiatives
Highlights
Hello,
If you're a start-up in Nova Scotia, there's a fantastic opportunity you shouldn't miss. This program is crafted specifically for businesses like yours, aiming to make a significant impact. Here's why it's perfect for you:
- Access to Funding Competitions: These can provide the financial boost your business needs to grow. It's a chance to secure funding without the usual hurdles.
- Expert Advice and Market Intelligence: You'll receive guidance from professionals who understand the business landscape. They can help you navigate challenges and make smart decisions.
- No Restrictions on Employees or Revenue: Whether you're just starting or already established, this program is open to you.
The benefits are clear. By applying, you gain not just financial support, but also invaluable insights and advice. This combination can help elevate your business to new heights. It's straightforward to qualify, making it an accessible option for your start-up. Don't miss out on this chance to accelerate your growth and success.
Financing Details
Grant: The program offers non-repayable grants to eligible businesses. This means you do not have to repay the funds provided you comply with the terms and conditions of the grant.
Eligible Expenses: The grant can be used towards a variety of expenses including but not limited to product development, marketing initiatives, and operational costs. This flexibility allows you to allocate funds where they are most needed to accelerate your business growth.
Use of Funds Restrictions: It is important to note that the funds cannot be used for debt repayment or dividend payouts. Ensuring that the grant is used for growth-enhancing activities is crucial for compliance.
Fees: There are no application or processing fees associated with this grant. This makes the program an even more attractive option as it reduces the financial burden on your business.
Qualifications
- Must be a start-up based in Nova Scotia.
- Should be striving to innovate or create impactful change.
- Must be in the start-up phase, not an established business.
- Should be involved in activities that align with innovation and start-up growth.
Disqualifications:
- Businesses not located in Nova Scotia.
- Established businesses that are not in the start-up phase.
- Businesses not focused on innovation or impactful change.
Description
If you're a start-up in Nova Scotia, there's a fantastic opportunity waiting for you. This program is designed to help your business grow and make a real impact. It's all about giving you the tools and support you need to succeed. You'll have access to funding competitions, which can provide the financial boost your business needs.
But that's not all. You'll also get expert advice and market intelligence services. This means you'll have guidance from professionals who know the ins and outs of the business world. They can help you navigate challenges and make informed decisions.
The best part? There are no restrictions on the number of employees or revenue. Whether you're just starting out or already established, this program is open to you. It's a chance to take your business to the next level with the support and resources you need.
Program Steps
Gather Required Documentation
Prepare the following documents for your application:- Business plan
- Financial statements (last two years)
- Proof of business registration
- Tax identification number
- Any relevant market research or analysis
Complete the Application Form
Fill out the application form provided by the program. Ensure all sections are completed accurately.Submit Your Application
Send your completed application form along with the required documentation to the designated program email or online portal.Prepare for an Interview
Be ready to discuss your business and how the program can help you. This may include your goals, challenges, and how you plan to use the funding.Await Confirmation
After submission, wait for a confirmation email regarding the status of your application.Follow Up
If you haven’t heard back within the specified timeframe, consider following up to check on your application status.Engage with Program Resources
Once accepted, take full advantage of the funding competitions and expert advice offered through the program.