
Productivity and Innovation Voucher Program
- Open Date : May 27, 2024
- Closing date : June 21, 2024
Overview
Get a voucher of up to $25,000 to access expertise within post-secondary institutions to help your business innovate or improve productivity.
At a glance
Funding available
- Develop a new product or service
- Maximum amount : 25,000 $
- Open Date : May 27, 2024
- Closing date : June 21, 2024
Eligible candidates
- All industries
- Nova Scotia
- For-profit business
- $ 10,000,000 maximum revenue
- 100 employees maximum
- All groups
Next steps
Activities funded
The Productivity and Innovation Voucher Program allows businesses to collaborate with post-secondary institutions and access their expertise. The eligible activities focus on enhancing productivity, developing innovations, and fostering business growth.
- Engaging in projects that improve productivity within the business.
- Developing new products, services, or processes through research engagement.
- Expanding business capabilities by leveraging institutional research and resources.
Eligibility
Who is eligible?
Small and medium-sized companies in Nova Scotia that wish to access expertise within post-secondary institutions are eligible to apply for the Productivity and Innovation Voucher Program. These businesses should aim to improve productivity, develop new products, services, or processes, and grow their business. They must also engage with eligible post-secondary institutions listed as Service Providers to apply. Additionally, for Tier 2 vouchers, companies must have previously completed work under a Tier 1 voucher. A company can receive up to two Tier 1 vouchers.Who is not eligible
Yes, certain types of companies are not eligible for the Productivity and Innovation Voucher Program.
- Franchisees
- Games of chance operations and bingo halls
- Personal service providers
- Real estate developers, agents or brokers
- Licenced liquor establishments whose primary business is alcohol sales (excepting production breweries, brew pubs, wineries, and distilleries)
- Distributors, agents, or traders, including retailers, except where value-added products or services are part of the deliverables or for the purpose of selling Nova Scotia products/services abroad
- Associations
- Professional service providers, except where the project represents a unique and/or strategic opportunity with potential economic benefit, incremental sales outside Nova Scotia, and/or job creation
- Creative industries companies’ activities which are eligible under the Creative Industries Fund
- Tourism operators
- Publicly funded organizations
- Non-revenue-generating not-for-profit organizations
Eligible expenses
The Productivity and Innovation Voucher Program assists small and medium-sized businesses in accessing resources from post-secondary institutions to enhance various aspects of their operations. The eligible activities are centered on boosting productivity, developing new offerings, and facilitating business growth.
- Improving business productivity through post-secondary institution expertise.
- Developing new products, services, or processes.
- Utilizing research resources to support business growth.
Eligible geographic areas
This grant is specifically available to companies located within the province of Nova Scotia, Canada. Only businesses operating in this region are eligible to apply for the program.
- Companies based in the South Shore Region (Lunenburg, Queens, Shelburne).
- Businesses located in the Western Region (Yarmouth, Digby).
- Organizations from the Valley Region (Annapolis, Kings, Hants).
- Enterprises in the Northern Region (Cumberland, Colchester).
- Businesses in the Northeastern Region (Pictou, Antigonish, Guysborough).
- Companies in the Cape Breton Region (Cape Breton, Richmond, Inverness, Victoria).
- Entities within the Halifax Regional Municipality (Halifax & West, Dartmouth & East).
Additional information
Additional information about the Productivity & Innovation Voucher Program includes various procedural guidelines and compliance measures.
- The Freedom of Information and Protection of Privacy Act applies to information collected in connection with the program.
- Approved applicants must participate in public announcements or ceremonies relating to the awarding of a voucher and the release of project information to the media and general public.
Contacts
Frequently Asked Questions about the Productivity and Innovation Voucher Program Program
What is the Productivity and Innovation Voucher Program?
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What is the deadline to apply?
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