
Invest Nova Scotia — Investment
- Open continuously
Overview
Venture capital fund targeting emerging venture-grade technology companies with high growth potential and attractive risk-return prospects in Nova Scotia.
At a glance
Funding available
- Improve governance or administrative structure
- Develop strategic partnerships
- Up to 25% of project cost
- Open continuously
Eligible candidates
- Information and cultural industries
- Finance and insurance
- Professional, scientific and technical services
- Nova Scotia
- For-profit business
- All revenue ranges
- All organization sizes
- Startups
Next Steps
Activities funded
This grant supports venture capital funds that invest in high-growth start-ups in Nova Scotia. The eligible projects focus on fostering a robust venture capital ecosystem and enhancing the availability of capital for innovative enterprises in the province.
- Developing and managing venture capital funds targeting high-growth Nova Scotia-based start-ups.
- Strategies to maintain a strong presence in Nova Scotia to build a pipeline of local start-up investments.
- Initiatives that attract additional capital from limited partners and co-investors to the region.
Eligibility
Who is eligible?
Eligible applicants are venture capital funds that are currently raising a venture capital fund, committed to deploying 100% of Invest Nova Scotia's investment in Nova Scotia-based high-growth start-ups, and committed to maintaining a presence in Nova Scotia to develop a pipeline of start-ups and investment opportunities.Eligible expenses
This fund investment aims to bolster Nova Scotia's venture capital ecosystem through collaboration with venture capital funds. The eligible activities are centered around investing in and nurturing high-growth start-ups within Nova Scotia.
- Investing in high-growth start-ups based in Nova Scotia to help them scale and succeed.
- Fostering diverse and sustainable portfolios of venture capital funds in Nova Scotia.
- Attracting additional capital through partnerships with other venture capital entities.
- Focusing on start-ups from underserved regions or those led by underrepresented founders in Nova Scotia.
- Developing infrastructure and resources required for a vibrant local venture capital market.
Eligible geographic areas
This grant supports venture capital funds investing in Nova Scotia-based high-growth start-ups. Eligible geographical areas focus on fostering economic growth within Nova Scotia.
- Investments targeting high-growth start-ups located within Nova Scotia.
Additional information
Invest Nova Scotia offers venture capital funds investing in high-growth start-ups access to investments with a focus on developing the venture capital ecosystem in Nova Scotia.
- Focus on strengthening Nova Scotia’s venture capital ecosystem
- Increase venture capital available to Nova Scotia’s high-growth start-ups
- Diversify access to venture capital
- Evaluation includes fund management experience, investment thesis, fund structure, and Nova Scotia impact
- Commitment to deploying 100% of Invest Nova Scotia’s investment in Nova Scotia-based high-growth start-ups
- Maximum investment size is up to 25% of total committed capital in a fund, up to $10 million