Value-Added Manufacturing Program
no fixed amount
Grant, Loan
Description:
Value-Added Manufacturing Program provides financial assistance to Nova Scotia-based businesses for the purpose of supporting the development of value-added products from materials recovered from the waste stream.
Comments on Funding:
Funding will be provided in the form of a loan, forgivable loan or, non-repayable contribution.
Funding is up to 50% of approved eligible costs.
Continuous Intake
Eligibility:
Applicants must:
1. be individual businesses organized as sole proprietorships, partnerships, or corporations,
2. be business associations or industry groups,
3. be industry-led collaborative partnerships between the private and public sectors and two or more businesses or consortia,
4. hold the necessary licenses, leases, and permits, where applicable,
5. and/or project activities shall be based in Nova Scotia, unless specifically approved by Divert NS,
6. confirm at least a 20% equity position in the project to qualify for assistance.
Divert NS encourages business alliances and partnered proposals for new products, services, and technologies of province-wide significance and benefit.
Application Steps:
Applicants must:
1. notify Divert NS of intent to submit an application, 2. complete and submit the application package.
Documentation Needed:
Applicants must submit:
1. the completed application form,
2. a detailed research plan not exceeding 20 pages,
3. resumes of all researchers and information on all partners and associates.
Other Things to Note:
About the author
Maurice