Nova Scotia First Fund

Amount:

no fixed amount

Type:

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.

Deadline:

Eligibility:

Applicants must be:
1. early stage companies,
2. emerging venture-grade technology companies with high growth potential and attractive risk-return prospects,
3. located in Nova Scotia.

Application Steps:

The applicant must:
1. present the founders of the company and the investment opportunity to Innovacorp’s investment team;
2. if selected, present a pitch to Innovacorp investment team for the opportunity to have the deal recommended for further approval;
3. if selected, deliver a pitch to Innovacorp’s investment committee;
4. if approved, sign the closing documents.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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