Funding Your Business

Whether through loans, equity or grants, getting the capital to start your business is critical.
If your business needs capital, there are many opportunities available to you. The list below will get you started. Contact our Business Development Officers to see if any new opportunities are available.
Agency: CBDC Hants-Kings (Community Business Development Corporations)

Description: CBDC Hants Kings assists in the creation of small businesses and in the expansion and modernization of existing businesses by providing financial and technical services to entrepreneurs.
Funding: Financial assistance to a maximum of $150,000 is available in the form of loans, loan guarantees and equity financing to existing and aspiring entrepreneurs.

Agency:
Local Financial Institutions

Description: East Hants has a number of financial institutions eager to assist your business including Credit Unions, Scotiabank, and RBC. Search our business directory for branches near you.

Funding: Funding will depend on the specific needs of your business.

Program:
Business Development Program

Agency: Atlantic Canada Opportunities Agency (ACOA)
Description: Provides access to capital in the form of interest-free, unsecured, repayable contributions towards eligible costs of a new establishment, expansion, modernization or a project which improves your competitiveness.
Funding: Up to 50% or 75% of financing depending on the nature of the eligible cost.

Program:
BDC Capital

Agency: Business Development Bank of Canada (BDC)
Description: BDC Capital is a subsidiary of the Business Development Bank of Canada. BDC Capital offers Venture Capital for innovators looking to transform their business ideas into successful companies and Growth and Transition Capital for established or high-growth companies looking to finance a new project or business transition.
Funding: Funding will depend on the specific needs of your business.

Program:
Nova Scotia Business Inc. (NSBI) Funding

Agency: NSBI (Crown Corporation of the Province of Nova Scotia)
Description: NSBI provides Loans, Lines of Credit, Payroll Rebates, and other products that may suit your business’s needs.
Funding: Funding will depend on the specific needs of your business.

Program:
Innovacorp Funding

Agency: Innovacorp (Crown Corporation of the Province of Nova Scotia)
Description: Early stage venture capital.
Funding: Funding will depend on the specific needs of your business.

Program:
Government of Nova Scotia Loan Programs

Agency: Government of Nova Scotia
Description: The NS Government provides various programs, updated periodically, with various products for specific target areas. Current programs (as of October 2014) include Aerospace and Defense Loan Program, Film and TV Development Loan, Immigrant Small Business Loan Program, and the Small Business Financing Program.
Funding: Funding will depend on specific needs of company.

Additional funding sources may be available. Contact us for more information.