NSBI Business Development Program
Nova Scotia based businesses can apply for non-repayable funding for a consultant or for leadership training outlined below.
Stream 1: This stream supports the acquisition of a private-sector consultant to provide professional expertise to overcome a certain pain point keeping your business from growing.
- The minimum project cost for Stream 1 is $5,000
- Funding provided at 50% up to a maximum of $15,000 per fiscal
NEW – Stream 2: Focused on senior executives, this stream will help you and your company identify and develop the leadership skills needed to grow. Work with business experts to understand and address how to overcome barriers to successfully scale your company and increase sales.
- Companies must have a minimum of $500,000 in revenue to be eligible for this stream
- The minimum project cost for Stream 2 is $10,000
- Funding is provided at 75% up to a maximum of $30,000 per fiscal
- Companies are allowed one project per fiscal
*Applicants interested in Stream 2 should contact their Regional Development Advisor for more information and to apply.
Workplace Innovation and Productivity Skills Incentive (WIPSI)
If you are a small business in Nova Scotia with less than 50 employees, you may be eligible for up to 100% of your training costs to be covered up to $10,000. For larger businesses, WIPSI provides up to 50% of direct training costs.
WIPSI may also cover other expenses such as travel, books for participants and accommodation costs for persons with disabilities.
If you are an organization/association and you apply for WIPSI funding on behalf of member businesses, you may also be eligible for WIPSI to cover administration costs to host the training.
PowerUpLeadership can work with you to provide support attaining these funds. Contact Susan Power at firstname.lastname@example.org for further support.