Innovation Rebate Program Disclosures - 2023/24

The following Innovation Rebate Program incentives were announced during the fiscal year of 2023-2024.

Tuesday, November 14, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Maritime Pride Eggs Incorporated. 
  
Located in Amherst, Nova Scotia, and established in 2007, the company is undertaking a project to install a new robotic loader for their recently purchased Moba egg grading machine. This new equipment will automate a function previously done manually and help increase the weekly processing capacity by approximately 44,000 dozen eggs per week. 
  
Maritime Pride Eggs will be proceeding with a $536,500 capital investment to support the upgrade to new equipment. As a result of this project, the company will increase production capacity and allow the company to pursue market expansion outside of Canada. In addition, the ability to grade local eggs more efficiently will replace the need to bring approximately ten truckloads per year from Ontario and save approximately $25,000 per year in trucking costs. The robotic loader will also result in waste reduction through less breakage of eggs, and a more efficient method of grading eggs than the current manual method.   

The company is eligible to earn a maximum innovation rebate of $134,125 upon completion of its project, based on eligible capital spending of $536,500. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.   

Media Contact:  
Mark Beal 
CEO, Maritime Pride Eggs Incorporated 
902.667.2015 
mbeal@nutrigroupe.ca 

Tuesday, October 31, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Dartmouth Metals and Bottle Limited. 

Dartmouth Metals and Bottle Limited is undertaking a project at its Dartmouth, HRM, facilities to install a new $1,544,150 incline shear. The company expects this new shear will help increase its processing of recycled materials by 55 percent and more effectively shred materials into smaller pieces, and thereby, decreasing the amount of waste. 

The company is eligible to earn a maximum innovation rebate of $386,038 upon completion of its project, based on eligible capital spending of $1,544,150. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.   
 
Media Contact: 
David Giberson  
Owner / Manager, Dartmouth Metals and Bottle Ltd.  
902.456.1994 
david@dartmouthmetals.com

Tuesday, October 31, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Cape Breton Beverages Limited.
Established in 1949, and located in Edwardsville, Cape Breton, Nova Scotia, Cape Breton Beverages is one of three independent Pepsi bottlers remaining in Canada. The company is currently undertaking a project to purchase new palletizing equipment. This new equipment will help the company scale operations and improve competitiveness as a leading bottling facility.
 
Cape Breton Beverages will be proceeding with a $567,800 capital investment to support the upgrade to new palletizing equipment. The project will shift from manually piling various sized cases into pallets to more automated methods, and therefore, resulting in more efficient run times. This new equipment will allow the company to distribute more of its specialty 355ml eight-packs throughout Nova Scotia, New Brunswick, Quebec and will enable the company to add distribution to the province of Ontario. The project will also significantly reduce plastic wrap waste, and result in increased output.
 
The company is eligible to earn a maximum innovation rebate of $141,950 upon completion of its project, based on eligible capital spending of $567,800. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.
 
Media Contact:
Shannon Lynch, MBA, CFA
President and CEO, Cape Breton Beverages Ltd.
902.563.7601
shannon.lynch@cbbeverages.ns.ca

Tuesday, October 24, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Jost Vineyards Limited located in Malagash, Cumberland County. 

Established in 1983, Jost is the oldest vineyard in Atlantic Canada. Through its $1,000,000 capital investment project, Jost Vineyards will add a new Bag-in-Box (BiB) automated bagging line.  

Jost Vineyards expects its project will increase production capacity by 225,000 litres per year and reduce shipping costs, due to the lighter weight of Bag-in-Box compared to bottled wine. 

The company is eligible to earn a maximum innovation rebate of $250,000 upon completion of its project and based on eligible capital spending of $1,000,000. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.   

Media Contact:  
Carl Sparkes, President & CEO, Devonian Coast Wineries Ltd.  
902.257.2636 Ext. 1003 
csparkes@devoniancoast.ca

Tuesday, October 24, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for J & B Millen Farms Limited located in Great Village, Colchester County. 

Established in 2011, J & B Millen Farms is proceeding with a $4,150,000 capital investment to upgrade to a new 62,000 square foot barn. The company is the only producers of hogs in Nova Scotia certified under the Global Animal Partnership (GAP) humane pork program. The company expects its project will increase production capacity by 6,000 more finished hogs annually. In the new barn, the hogs will be fed from liquid waste milk, as opposed to the present use of dry feed, which will add value to waste milk from local dairies and contribute to the circular economy.

J & B Millen Farms Limited is eligible to earn a maximum innovation rebate of $1,000,000 upon completion of its project and based on eligible capital spending of $4,000,000. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.   

Media Contact:  
Jonathan Millen, Operator 
J & B Millen Farms Ltd.  
902.986.2799 
jonathan@millenfarms.com

Tuesday, September 12, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for The Allen Print Limited.
 
Established in 1944, and located in Dartmouth, Nova Scotia, Allen Print is undertaking a project to purchase a new digital press machine.

Allen Print will be proceeding with a $1,201,568.91 capital investment to support the upgrade to new printing equipment. The project will shift from conventional printing methods, relying on chemicals and metal plates, to a more efficient and eco-friendly digital press. The company will be able to compete to serve more of the printing industry in the region, SMEs across North America, and global clients. The client expects its project will increase production capacity by 50%, and result in an approximately 95% waste reduction. 

The company is eligible to earn a maximum innovation rebate of $300,392 upon completion of its project, based on eligible capital spending of $1,201,568.91. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
MaryAnne Clark 
Office/Project Manager, The Allen Print Ltd. 
902.423.8281 
maryanne@allenprint.ca

September 5, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Maritime Paper Products Limited.
 
Located in Dartmouth, Nova Scotia, the company is undertaking a project to invest $14,818,100 in advanced, automated manufacturing equipment. This new equipment will replace aging equipment with a single cutting-edge corrugated converting machine to increase capacity by 33%. 
 
Maritime Paper Products was founded in 1931 and has 184 full time employees at its Dartmouth facility. This capital investment will ensure the company is able to exceed the performance of its current conventional box making machines for the benefit of its local and international customers. The project will also decrease production set-up times by over 80% and reduce waste through more efficient methods of automated set-up.

The company is eligible to earn a maximum innovation rebate of $3,704,525 upon completion of its project, based on eligible capital spending of $14,818,100. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Sheldon Gouthro 
President & CEO, Maritime Paper Products Limited
902.481.3022
sheldong@maritimepaper.com

Tuesday, August 29, 2023
 
Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Maritime Gourmet Mushrooms Inc.
 
The company, established in Nova Scotia in 2014, is a specialized producer in growing a variety of fresh gourmet mushrooms, and mushroom substrate - the nutrition which mushrooms require to grow and fruit. The company is undertaking a new expansion project in Debert, Nova Scotia, to build a new solar-powered production facility as the current facility is at capacity. 
 
Maritime Gourmet Mushrooms will be proceeding with a $4,123,600 capital investment to support growth of mushrooms and mushroom substrate sales in the Northeast United States, Ontario, Quebec, and British Columbia. The company expects the new facility will add capacity to produce an additional 60,000 lbs/week of the mushroom substrate with new rooms to grow up to 10,000 lbs/week of fresh mushrooms. The new solar system facility will offset grid demand by 327,000 kWh/year.
 
Maritime Gourmet Mushrooms has previously been awarded a grant from the Clean Foundation of Nova Scotia for its use of mushroom substrates and the contributions to the circular economy in the forestry industry. The chief input for the substrate is sawdust gathered from local Maritime lumber mills. The spent substrate is sold to gardeners and farmers as a high-quality soil amendment. Growing the company’s production through this expansion project will allow Maritime Gourmet Mushrooms to play an even larger role in Nova Scotia’s circular economy.

The company is eligible to earn a maximum innovation rebate of $727,900 upon completion of its project, based on eligible capital spending of $2,911,600. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Jason Giffin
President, Maritime Gourmet Mushrooms Inc.
902.809.5253
maritimegourmet@gmail.com

Tuesday, August 8, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Ocean Crisp Apple Company Incorporated.

Ocean Crisp Apple, based in Kentville, Nova Scotia, is a full-service apple storage sorting and packing facility, established in 2017. The company is undertaking a building expansion to increase controlled atmosphere (CA) storage, and new CA equipment including refrigeration, apple bins and insulated panels. In addition, the company will purchase: a new robotic line to pre-sort and package apples, an updated electronic inventory management system, new accounting software, and the installation of solar panels for the facility. 

This expansion and new equipment will help sort, pack, and store the increased production volume of apples anticipated in the expanding apple industry, and help grow export in new and pre-existing markets in: Quebec, Ontario, the United States, and Southeast Asia. The project will also increase long-term storage from 12,000 bins to 20,000 bins and will increase the amount of Honeycrisp apples they can pack and store from 3.5 million kilograms to 7 million kilograms. Robotics for pre-sorting and palletizing of apples will increase the number of bins they can sort from 150 to 200 bins per day.

Ocean Crisp Apple will be proceeding with a $8,775,000 capital investment to support the facility expansion and upgrades to new equipment. As a result of this project, the company will be able to continue to increase storage and export capacity and remain competitive in a growing industry. The installation of solar panels will also improve the company’s environmental sustainability and the investment in new technology will reduce product loss and damage to the apples. The new CA storage will result in reduced waste by preserving the quality of the fruit and extending the season for the apples.

The company is eligible to earn a maximum innovation rebate of $2,193,750 upon completion of its project, based on eligible capital spending of $8,775,000. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Rob Webb 
Director of Operations, Ocean Crisp Apple Company Inc.
902.599.3499
rob@oceancrispapples.com

Tuesday, August 1, 2023
 
Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Sea Crest Fisheries Limited.
 
Located in Saulnierville, Nova Scotia, the company is undertaking a project to expand the facility and install a new automated lobster grading machine. This new equipment will automate a function previously done manually and help double the daily processing capacity.
 
Sea Crest Fisheries will be proceeding with a $470,000 capital investment to support the facility expansion and upgrades to new equipment. This project will include construction of a new room and fabrication of additional freezer tail racks to support an increase of production volume. As a result of this project, the company will be able to create different products, such as whole-cooked lobsters for international markets. The project will also result in waste reduction through new, efficient methods to sorting raw materials. 

The company is eligible to earn a maximum innovation rebate of $117,500 upon completion of its project, based on eligible capital spending of $470,000. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Julian German
President, Sea Crest Fisheries Limited
902.769.2266
julian@synergyseafoods.net

Tuesday, July 25, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Twin Rivers Park Limited operating as Twin Rivers Home Builders. 

The company, established in 1978, has been operating as a residential rental company for over 30 years. In 2019, the company expanded its focus to also include the manufacturing of fabricated homes in Granton, Nova Scotia. The company is undertaking an equipment upgrade to improve efficiency in home building.
 
Twin Rivers Park Ltd. will be proceeding with a $449,000 capital investment to support upgrades of new equipment. The project will include the purchase of an automated saw with auto-loading and marking capabilities, a truss jig, and gantry press. The automation and workflow optimization advancements in purchasing this equipment are aimed at: streamlining operations, boosting efficiency, and positioning the company to remain competitive in the regional market. The company expects the implementation of new equipment, such as an automated saw, will significantly improve accuracy, minimize waste, and enhance production capacity by up to 20% as compared to the current manual process. 
 
The company is eligible to earn a maximum innovation rebate of $101,250 upon completion of its project, based on eligible capital spending of $405,000. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.  
 
Media Contact: 
Blair Van Veld
COO, Twin Rivers Park Ltd. 
902-759-3506
blairvanveld@gmail.com

Tuesday, July 18, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Mahone Bay Brewing Company Ltd., operating as Saltbox Brewing Company. 
 
The company, established in Mahone Bay, Nova Scotia in 2016, is a specialized beverage company that produces craft beer, ciders, and ‘ready-to-drink’ beverages. The company is undertaking an expansion project to open a new production facility for direct-to-can digital-printing in Mahone Bay, Nova Scotia. This new facility will automate a function presently being done manually and help the growth of Saltbox Brewing Company, as well as potentially other Nova Scotia craft beverage producers.

Saltbox Brewing Company will be proceeding with a $8,750,000 capital investment to support building renovations, and upgrades to new equipment including: a digital can printer, printer transfer, printer receiver, and packaging unit. This project will provide direct-to-can printing for craft brewers cideries, wineries, distilleries, and small batch producers throughout Atlantic Canada and across the Northeastern United States. By eliminating sleeves and labels, the project will result in better recycling procedures and improved environmental efficiencies. The new production facility will allow the company to scale-up while also being more cost effective, less labour intensive, and result in increased production capacity by digitally producing up to 30 million cans annually. 

The company is eligible to earn a maximum innovation rebate of $2,187,500 upon completion of its project, based on eligible capital spending of $8,750,000. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Andrew Tanner
Director, Saltbox Brewing Company 
902.529.0081
andrew@saltboxbrewingcompany.ca

Tuesday, June 27, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for 3332389 Nova Scotia Limited operating as Beaumont Cabinets and Millwork. 
 
Established since 2019 in Dartmouth, Nova Scotia, the company is a specialized manufacturer of high-end custom wood cabinetry and supplier of global trade show exhibits and designs for Beaumont Exhibits. The company is expanding to a new production facility in Mount Uniacke, Nova Scotia, to allow sufficient space to fully assemble and pre-stage home cabinetry and other trade show exhibits.

Beaumont Cabinets and Millwork will be proceeding with a $3,000,000 capital investment to support building renovations and upgrades to new equipment. This investment will increase the company's market growth outside Nova Scotia, including throughout the United States. New tools, such as a new CNC machine, will lead to efficiencies, enable increased output, and decrease waste of sheet goods by 20%. The new production facility will have a pre-staging space and the company expects this to reduce the overall carbon footprint by 40% due to less waste production and fewer on-site visits. 

The company is eligible to earn a maximum innovation rebate of $750,000 upon completion of its project, based on eligible capital spending of $3,000,000. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Sean Court
President, Beaumont Cabinets and Millwork  
902.410.6407
sean@beaumontcabinets.ca

Tuesday, June 13, 2023
 
Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for IMP Aerostructures which is a division of IMP Group Ltd.
 
IMP Aerostructures has operated since 1992 in Amherst, Nova Scotia. The Company manufactures and sells aircraft, structural detail parts and assemblies to original equipment manufacturers and Tier 1 suppliers worldwide. IMP Aerostructures will be proceeding with a $726,501 capital investment to upgrade its Amherst production facility.
 
The project includes the automation of sheet metal profiling with the addition of a twin pallet, 5-axis CNC profiler. IMP Aerostructures will also be introducing an advanced AI based, machine monitoring software that will help in optimizing machine use and capacity. The company expects to increase production capacity, improve waste reduction, and expand its exports into new, international markets in The United States, Mexico, Morocco, and Vietnam. 
 
IMP Aerostructures is eligible to earn a maximum innovation rebate of $181,625 upon completion of its project, based on eligible capital spending of $726,501. To be considered 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 per cent 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.   
  
We are Nova Scotians supporting businesses small and large; new and new to our province. 
  
Media Contact:
David Pearson
Vice President and General Manager, IMP Aerostructures 
902-667-3315 Ext. 115
dave.pearson@impaerostructures.com

Tuesday, June 13, 2023
 
Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for John Ross and Sons Ltd.
 
John Ross and Sons Ltd., incorporated in 1955, specializes in the purchasing, grading, handling, and processing of scrap metals from manufacturers, contractors, recycling yards and individuals. The company will be undertaking a project in Goodwood, HRM, to upgrade its production equipment and invest in new technology to increase its capacity in markets outside Nova Scotia.
 
John Ross and Sons will be proceeding with a $6,687,009 total capital investment to increase their processing capacity and value-added sorting ability. This investment will help to recover high-value, unused metals such as: aluminum, copper, and tin, to be recycled, separated, and sold in-market. The company expects an increase of 50 per cent of non-ferrous metal production capacity which will facilitate larger production runs. The new equipment will also run more efficiently and will require less process run, and as a result recycling abilities will increase and result in an overall reduction of waste.
 
The company is eligible to earn a maximum innovation rebate of $1,671,752 upon completion of its project, based on eligible capital spending of $6,687,009. To be considered 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 per cent 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. We are Nova Scotians supporting businesses small and large; new and new to our province.  
 
Media Contact: 
Jonathan Ross
Vice President, John Ross and Sons Ltd.
902-450-5633

jrsons@ns.sympatico.ca

Tuesday, April 18, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Tony’s Meats Ltd.
 
The company, established in 1963 as a specialized meat processor, is undertaking a project in Antigonish, Nova Scotia, to upgrade its production equipment and storage facility. 
 
Tony’s Meats will be proceeding with a $937,725 capital investment to support growth of international exports, specifically in the ready-to-eat snack meat category, and further manufacturing including Halal opportunities. The company expects an increase of 33 per cent of smoked meat production capacity which will facilitate larger production runs, reduced water consumption and energy efficiencies of up to 4 per cent.
 
The company is eligible to earn a maximum innovation rebate of $234,431 upon completion of its project, based on eligible capital spending of $937,725. To be considered 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 per cent 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.   
  
We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Dan MacGillivray
General Manager Tony’s Meats Ltd.
902.863.1545
dan@tonys-meats.com

Tuesday, April 18, 2023

Invest Nova Scotia (INS) has an agreement with Ace Machining Limited in the form of an innovation rebate.

The company manufactures parts for the construction, marine, fabrications, R&D, and green energy industries. Ace Machining has expanded over the last three years and must invest again to meet increasing sales demand from its customers.

Ace Machining will be proceeding with a $577,866 capital investment project at its facility in Dartmouth, HRM. 

The company will be purchasing computerized machinery, laser welding equipment, a centrifuge, tool setter, and other advanced manufacturing equipment. These improvements are expected to increase services Ace Machining can offer; produce higher-volume, laser precision metal bending products; reduce downtime; and increase productivity (more parts manufactured per shift).

Additionally, laser welding equipment is expected to save on electricity and the centrifuge will help the company reuse lubricating oil that would have previously been lost to waste. Ace Machining expects to reuse up to 120 litres of oil per week compared to 40 litres of oil per week. 

The company is eligible to earn a maximum innovation rebate of $144,467 upon completion of its project, based on eligible capital spending of $577,866. To be considered 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 per cent 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. 

We are Nova Scotians supporting businesses small and large; new and new to our province.   
 
Media Contact: 
Ron Wallace 
President, ACE Machining Limited 
r.wallace@acemachining.ca 
902.463.6347

Tuesday, April 18, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Groovy Goat Farm Limited.
 
Established in 2012 as a specialized goat milk soap and skin care products maker, the company is undertaking a project in Ingonish, Victoria County to upgrade its production equipment and storage.
 
Groovy Goat will be proceeding with a $618,608 capital investment, purchasing commercial milk pasteurizers, blast freezers, commercial ranges, a vent hood, and specific soap making tools. The company expects its daily production totals will increase from 700 bars per day to 1,750 bars per day. The new fridges and freezers will result in improved energy efficiencies, and new factory-made molds will reduce waste.
 
The company is eligible to earn a maximum innovation rebate of $75,527 upon completion of its project, based on eligible capital spending of $302,108. To be considered 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 per cent 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.

We are Nova Scotians supporting businesses small and large; new and new to our province. 
  
Media Contact:
Shannon Costelo
Owner/Operator – Groovy Goat Farm Ltd.
902.285.2265
Info@groovygoat.ca