Capital Investment Incentive

The Capital Investment Incentive (CII) is part of the Productivity Investment Program as outlined in the economic growth plan for Nova Scotia, jobsHere.

This incentive can contribute up to 20% toward the cost of technologically-advanced machinery, clean technology, equipment, software and hardware with preference given to exporters in qualified industries.

The CII is limited to corporations in the following industries:
  • Advanced manufacturing and processing
  • Development of non-traditional sources of energy
  • Life-sciences
  • Aerospace and defence
  • Information and communication technology (ICT)
  • Ocean technology
  • Professional, Scientific and Technical Services excluding the following: Legal Services; Accounting, Tax Preparation, Bookkeeping and Payroll Services; Advertising and Related Services; Photographic Services; Veterinary Services; Translation and Interpretation Services

Under certain circumstances, strategic gateway and trade related activities may be eligible under the Capital Investment Incentive.

The CII helps companies make investments in their future by offsetting the cost of incremental capital purchases. These are the kinds of purchases that would result in cost savings and productivity improvements, and increase competitiveness in international markets.

If deemed eligible under the guidelines of the incentive, companies can receive reimbursement of 20% of the cost of its equipment, up to a maximum of $1 million. Acquisitions less than $25,000 will not be considered.

Please note the following changes to the Capital Investment Incentive Guidelines are retroactive April 1, 2011. An application must be submitted to the Department of Economic and Rural Development and Tourism (ERDT), prior to any commitment to purchase the Qualified Property.

For more detailed information, download the CII guidelines.

Download

Guidelines
Program Guidelines 2011-12
(Adobe PDF 28KB)
Application Form
Application Form 2011-12
(Adobe PDF 197KB)

Application Submissions

Please submit the application to the following address:

Economic and Rural Development and Tourism
Capital Investment Incentive
1660 Hollis St., Suite 600
Halifax, NS
B3J 1V7

Contact

For more information on the incentive, please direct queries here:

Tel: 902-424-8822 (Program coordinator)
Email: pip@gov.ns.ca

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