Disclosures: Innovation Rebate Program 2025/26

The following Innovation Rebate Program incentives were announced during the fiscal year of 2025/26.

Tuesday, May 6, 2025  

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for PolyTech Products Ltd. in Baddeck, Nova Scotia.    

PolyTech Products Ltd., established in 1988, manufactures high-quality window and door products. The products have a unique multi-point locking system to ensure a tight seal from water, air, and noise. Through this project, PolyTech Products Ltd. will invest in a new production facility with an increase in workstations, modernization of equipment and software to improve the monitoring of product availability and optimize cutting processes to minimize waste.  

PolyTech Products Ltd. will be proceeding with a $915,855.40 capital facility investment to redesign window profiles to meet current industry guidelines in both residential and commercial products, including achieving a higher energy rating with triple glazing. The facility expansion will also include purchasing a new automated welder, cleaner and turn station, extrusion tool sets, and advanced screw machines. This investment will allow the company to expand into new markets in North America, double production capacity, improve energy efficiency, and decrease waste reduction by five percent due to optimized cutting calculation software. 

The company is eligible for a maximum innovation rebate of $228,964 upon project completion, based on eligible capital spending of $915,855.40. To qualify for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25% against eligible project costs.  

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation, and entrepreneurship.  

Media Contact:  

Melinda Ingraham 
Marketing Manager, PolyTech Products Ltd.
1.888.295.5995 
mi@polytechproducts.com 

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Tuesday, May 6, 2025

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Larch Wood Enterprises Inc. in Margaree, Nova Scotia. 

Larch Wood Enterprises Inc., established in 2003, manufactures wooden end-grain cutting boards, countertops, and flooring for markets in Canada and around the world. The company will be proceeding with a $1,365,000 total investment to advance production efficiency and sustainability in operations at the company’s Margaree manufacturing facility.

The project is also expected to optimize production and inventory management by expanding lumber drying and storage which will in turn enable improvements and automation in the production process. Through this project, Larch Wood Enterprises Inc. expects to significantly reduce their waste stream by further developing new products from their production waste and utilizing energy from both solar and waste to further reduce their environmental impact. 

The company is eligible for a maximum innovation rebate of $328,750 upon project completion, based on eligible capital spending of $1,315,000. To qualify for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25% against eligible project costs. 

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation, and entrepreneurship.

Media Contact:

Liam O’Rourke
General Manager, Larch Wood Enterprises Inc.
1.514.318.6352
liam@larchwoodcanada.com

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Tuesday, April 29, 2025  

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Sissiboo Coffee Roasters Ltd. in Bear River, Nova Scotia.  

Sissiboo Coffee Roasters Ltd., established in 2009, manufactures certified fair trade and organic coffee beans for both retail and wholesale markets. The company will be proceeding with a $442,280 total investment to advance automated equipment and streamline operations. The project is also expected to optimize production and inventory management, and facilitate the development of innovative, value-added products. Through this project, Sissiboo Coffee Roasters expects to significantly reduce waste by creating more consistent roasts and enter new markets nationally and internationally to provide them with the required increased volumes.   

The company is eligible for a maximum innovation rebate of $98,645 upon project completion, based on eligible capital spending of $394,581. To qualify for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25% against eligible project costs.  

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation, and entrepreneurship.  

Media Contact:  
Jon & Erin Welch 
Co-Owners, Sissiboo Coffee Roaster Ltd. 
902.467.0128 
sissiboocoffee@gmail.com

Tuesday, April 15, 2025

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Saputo Foods Limited in Dartmouth, Nova Scotia.

As part of a global dairy processing company Saputo Inc., established in 1954, Saputo Foods manufactures high-quality dairy products. In Nova Scotia, its products are manufactured under the Baxter ® and Scotsburn* brands. Through this project, Saputo Foods will invest in a wastewater pre-treatment system which is expected to reduce wastewater contaminant levels and find new use for the waste byproduct.

Saputo Foods will be proceeding with a $9,922,586 capital investment in Dartmouth, adding a new lift station, equalization tank, treatment system feed pumps, and compressed air system, among other additions to their facility in this region. This will allow for a more sustainable and efficient waste system. This investment will allow the company to potentially expand into new markets, scale future production capacity, improve energy efficiency, and decrease waste reduction by generating nutrient-rich by-products to be repurposed as fertilizers for local farmers, supporting more sustainable agricultural practices.

The company is eligible for a maximum innovation rebate of $2,480,647 upon project completion, based on eligible capital spending of $9,922,586. To qualify for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25% against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation, and entrepreneurship.

*Trademark under license by Saputo Dairy Products Canada G.P.

Media Contact:
Saputo Inc. Media Inquiries
1-866-648-5902
media@saputo.com

Tuesday, April 15, 2025

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Kraken Robotic Systems Inc. in Dartmouth, Nova Scotia.

Kraken Robotic Systems is a marine technology company, established in St. John’s, Newfoundland in 2012, and is focused on the development and commercialization of complex subsea sensors, batteries, and robotic systems. Through this project, Kraken Robotic Systems Inc. will invest in new manufacturing equipment and a new facility to expand its battery manufacturing operations.

Kraken Robotic Systems Inc. will be proceeding with a $9,529,100 capital investment in Dartmouth to build pressure tolerant deep-sea batteries. This new, larger manufacturing facility will allow the company to remove shipping barriers and facilitate timely delivery of their batteries, which is a key component for attracting and retaining customers throughout North America. The current production of these batteries takes place at a facility in Germany and the new Dartmouth facility will increase production capacity. Having a facility closer to the primary manufacturing facility in Newfoundland will allow for better training, management and improved energy efficiency.

The company is eligible for a maximum innovation rebate of $2,382,275 upon project completion, based on eligible capital spending of $9,529,100. To qualify for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25% against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation, and entrepreneurship.

Media Contact:
Erica Hasenfus
Director, Global Marketing
Tel: +1 508-617-0131
erica.hasenfus@krakenrobotics.com