If your Nova Scotia business needs expert help to improve productivity or develop a new product, the Productivity and Innovation Voucher Program can pay for most of the cost. This provincial program lets small and medium-sized businesses (SMEs) work with universities and colleges to solve business problems. Funding is provided as a voucher, not a loan, and does not need to be repaid if used as approved.
The Productivity and Innovation Voucher Program is run by Invest Nova Scotia. It helps eligible businesses get specialized help from Nova Scotia post-secondary schools. With this program, you can:
Instead of paying a service provider yourself, the province gives you a voucher that covers approved costs.
There are two voucher levels:
Tier 1 Voucher
Tier 2 Voucher
To apply for the Productivity and Innovation Voucher Program, your business must:
The voucher cannot be used to hire private consultants or for your own staff’s work.
Start with a clear challenge, such as:
Simple, clear project goals make your application stronger.
You must partner with a Nova Scotia university or college. Most schools have industry liaison offices that can help you plan your project and check if you qualify.
This step sets your funding limit.
Your application should include:
GrantHub’s eligibility matcher is a quick way to check if your business and project fit this program before you start your application.
Send your application through Invest Nova Scotia’s program intake. The program is open now, but funding is limited and not every project will be chosen.
Choosing the wrong service provider
Only Nova Scotia universities and colleges are eligible. Private labs or consultants do not qualify.
Applying for Tier 2 without a finished Tier 1 project
You must complete a Tier 1 project before you can apply for Tier 2.
Vague project outcomes
Applications without clear, specific goals are less likely to get approved.
Ignoring voucher limits
You can only receive $15,000 for Tier 1 and $25,000 for Tier 2.
Q: What is the Productivity and Innovation Voucher Program in Nova Scotia?
It is a provincial funding program that helps SMEs pay for applied research and technical help from post-secondary schools. Funding is provided as a voucher, not as cash.
Q: Do I need to work with a university or college?
Yes. You must work with a Nova Scotia post-secondary school to qualify.
Q: How many times can my business receive a Tier 1 voucher?
A business can get up to two Tier 1 vouchers in total.
Q: What is the difference between Tier 1 and Tier 2 vouchers?
Tier 1 supports new projects up to $15,000. Tier 2 provides up to $25,000 for projects that build on completed Tier 1 work.
Q: Is the voucher considered taxable income?
Grant funding may be taxable depending on how you use it. Speak with your accountant for advice about your business.
Looking for more programs like this? GrantHub keeps track of the latest grant and voucher programs in Nova Scotia and across Canada.
If you are planning a productivity or innovation project, this voucher program is one of the fastest ways to get expert support in Nova Scotia. GrantHub tracks hundreds of active grant programs across Canada, including provincial innovation vouchers. Use GrantHub to see which programs match your business before you apply.
See also:
Was this article helpful?
Rate it so we can improve our content.
Canada Proactive Disclosure Data
The Canadian government has funded over 400,000 businesses through 1.27 million grants and contributions. Check your eligibility in 60 seconds.