Enviro-Depot™ Infrastructure Funding Program

By mmuise
Description:

The Enviro-Depot™ Infrastructure Funding Program provides financial assistance that will be used specifically for improvements to an ENVIRO-DEPOT™ facility and/or its operation.


Comments on Funding:

Funding will be provided in the form of an interest-free loan.
Funding is up to 80% of approved eligible costs.
Loans of $5,000 or more shall require security by way of assets, personal guarantees, or other acceptable forms as determined by the Committee.

Deadline: Continuous Intake
Eligibility:

Applicants:

  • must be Nova Scotia ENVIRO-DEPOT™ owners and landlords,
  • shall normally have a minimum 20% equity in the project.
Application Steps:

Applicants must:

1. submit the completed forms and relevant documentation by email to klpooley@divertns.ca or by regular mail to ENVIRO-DEPOT™ Infrastructure Funding Program, Divert NS, 35 Commercial Street, Suite 400, Truro, NS, B2N 3H9.

Documentation Needed:

Applicants must submit:
1. the completed application form,
2. the project’s schedule, including project milestones (2 to 3 only) that could be used to trigger payment of any approved program funding, if applicable,
3. a detailed budget that includes anticipated costs for buildings, capital equipment, leased equipment, supplies and tests, and any other related costs. A detailed schedule of all wages and salaries paid, including any contracted assistance. Relevant details surrounding all other funding and owner’s equity.
4. the most recent complete financial statements (Income Statement, Balance Sheet, Statement of Cash Flows).

Other Things to Note:

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About the author
mmuise