The Industrial Expansion Fund Advisory Committee is an independent body made up of business and investment leaders in the province that provides support and advice on the Industrial Expansion Fund (IEF) to the Economic and Rural Development Minister.

The purpose of the committee is to review recommendations of potential investments through the fund and ensure they are consistent in meeting the economic development objectives of the province. This impartial review of the fund, which provides financial support to businesses in the form of loans or guarantees, ensures transparency and accountability.

The IEF is an important tool for creating jobs and growing the economy in Nova Scotia. Last year, the province authorized $222 million in transactions through the fund. This investment helped existing businesses become more competitive and sustainable, established new industries, and created or sustained about 6,600 jobs.

More Information:

• Terms of Reference
• Committee Members