Closed
Nova Scotia venture capital tax credit
Tax credit for venture capital investors
Last Update: May 5, 2026
Funding available
$ 500,000
Timeline
- Receipt of requests is now closed
Location
Nova Scotia, Canada
Overview
This program provides a Nova Scotia venture capital tax credit for corporations investing in a qualifying venture capital fund. The credit equals 15% of an eligible investment, up to a maximum annual investment of $500,000.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Ensure financial sustainability
Eligible Funding
- Maximum amount : 500,000 $
- Up to 15% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Finance and insurance
Location
- Nova Scotia
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Investing in a qualifying venture capital fund.
Documents Needed
- Completed Schedule 350, Nova Scotia Venture Capital Tax Credit.
- Tax credit certificate issued by the province.
- Schedule 5, Tax Calculation Supplementary – Corporations.
Eligibility
Who is eligible?
- Corporations
Eligible expenses
- Eligible investment in a qualifying venture capital fund.
Eligible geographic areas
- Nova Scotia
Processing and Agreement
- Claim the credit with the corporation’s tax return.
- Attach the completed Schedule 350 and the provincial tax credit certificate.
- Enter the credit amount on line 563 of Schedule 5.
Additional information
- The credit is not refundable.
- Unused credits may be carried back 3 tax years or carried forward 7 tax years.
- A tax credit certificate is issued by the Nova Scotia Minister of Finance and Treasury Board.
Contacts
Frequently Asked Questions about the Nova Scotia venture capital tax credit Program
Here are answers to the most common questions about the Nova Scotia venture capital tax credit. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Nova Scotia venture capital tax credit?
This program provides a Nova Scotia venture capital tax credit for corporations investing in a qualifying venture capital fund. The credit equals 15% of an eligible investment, up to a maximum annual investment of $500,000.
How much funding can be received?
Nova Scotia venture capital tax credit Funds up to 15% of admissible expenses, capped at $500,000 per project.
Who is eligible for the Nova Scotia venture capital tax credit program?
To be eligible for the Nova Scotia venture capital tax credit program, you must:
Corporation investor
Qualifying venture capital fund investment
Investment made before March 31, 2029
What expenses are eligible under Nova Scotia venture capital tax credit?
Investing in a qualifying venture capital fund.
Who can I contact for more information about the Nova Scotia venture capital tax credit?
You can contact Government of Nova Scotia by email at none or by phone at none.
Where is the Nova Scotia venture capital tax credit available?
The Nova Scotia venture capital tax credit program is available the province of Nova Scotia.
Is the Nova Scotia venture capital tax credit a grant, loan, or tax credit?
Nova Scotia venture capital tax credit is a Tax Credits