The Small Medium Enterprise Innovation Rebate Program (SME IRP)
$500,000.00
Maximum Eligible Amount
Government Grant, Tax Credit
Fund Type
The Innovation Rebate Program (IRP) provides financial incentives to help Nova Scotia businesses increase innovation capacity through private-sector capital investments or the adoption of new technologies and business processes.
NSBI is launching the Small Medium Enterprise Innovation Rebate Program (SME IRP), a new program that supports capital investments at a lower cost value than NSBI’s current Innovation Rebate Program, allowing for more Nova Scotia businesses to benefit.
The SME IRP is available to Nova Scotia companies with 499 or fewer employees and works as a rebate of up to 25% against a company’s direct project costs. Eligible expenditures include direct costs of Eligible Projects as defined
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