Invest Nova Scotia and partners are seeking early-stage agri-technology and bioeconomy companies to apply for GreenShoots programming.
GreenShoots is for companies in the agriculture, agri-food, bioeconomy, clean technology, and related sectors and is offered by Invest NS, the Greenspring Bioinnovation Hub and Bioenterprise Canada.
Successful applicants will receive up to $40,000 in non-repayable, non-dilutive funding, as well as business guidance from professionals, the group said in a press release.
The support is intended to help grow the export potential of companies, manage projected impacts of climate change, and generate economic impact in rural areas.
Eligibility Requirements:
Applicants must be a start-up registered and based in Nova Scotia with a new, knowledge-based product.
Applicants must have identified a large market pain and established a company around a customer-validated problem.
Applicants must be the majority owner(s) (51 per cent or more) of the startup and plan to work full-time with the business.
Applicants must have less than $1 million in cumulative sales.
Companies that have raised more than $25,000 in equity investment from Invest Nova Scotia are ineligible. Stacking Invest Nova Scotia and other government funding programs is subject to review and approval by the judging panel.
Previous GreenShoots recipients are eligible to apply again if they have new milestones that demonstrate traction towards investability.
The deadline to apply is Friday, February 28, 2025, by 5:00 pm AT.
Applicants are asked to complete the application form available on the Invest Nova Scotia website, and submit it online.
If this is your first time applying to a program with Invest Nova Scotia, please contact Grant Ruffinengo to request your customer number. The number is needed to submit online. Applicants also need payroll and revenue information (if applicable) to submit.
Contact agritech@investnovascotia.ca.