Payroll Rebate

A payroll rebate is an earned incentive, paid out yearly after a company achieves pre-determined targets.
  • Nova Scotia Business Inc.
Overview of the Payroll Rebate program:

A payroll rebate is an earned incentive, paid out yearly after a company achieves pre-determined targets. The rebate is a return on a company’s eligible gross payroll. It is issued over a set number of years – usually between three and five – and to a set amount. This means that for every dollar a company spends in salaries and benefits, Invest Nova Scotia rebates back a negotiated percentage.

Benefits of the Payroll Rebate program:
  • For every dollar a company spends in salaries and benefits, Invest Nova Scotia rebates back a negotiated percentage.
Eligibility criteria of the Payroll Rebate program:
  • Invest Nova Scotia supports companies in knowledge-based industries that have a high probability of sustainable growth. We focus our efforts in three targeted sectors: financial services and insurance, information technology, and defence, security, and aerospace.
  • We invest in companies that are profitable, with a strong management team and a proven track record for success. In most cases, companies must also agree to create at least 20 full-time positions in Nova Scotia.
Request Funding Information

Related Funding Opportunities

Explore similar funding opportunities that match your goals.

The Animal Rescue Fund (ARF) OPEN
  • City of Edmonton
Apprenticeship Wage Subsidy (AWS) ProgramOPEN
  • Department of Advanced Education and Skills - Newfoundland and Labrador
Community Futures ManitobaOPEN
  • Community Futures Network of Canada
Quebec Initiative for Construction 4.0 - Digital LocomotivesOPEN
  • Quebec Ministry of Economy and Innovation

Other Grants and Funding by Region

Employee Share Purchase Tax CreditOPEN
  • Government of Manitoba
Tricor Pacific Founders Capital Inc.OPEN
  • Tricor Pacific Founders Capital Inc.
Metis Voyageur Development FundOPEN
  • Metis Voyageur Development Fund (MVDF)
AgriTalentOPEN
  • Canadian Agricultural Human Resource Council
Canada-NWT Housing Benefit (CNHB)OPEN
  • Government of Northwest Territories
Workforce Partnerships GrantsOPEN
  • Province of Alberta
MARKETING INITIATIVESOPEN
  • Northern Development Initiative Trust (NDIT)

More Grants and Funding by Industry

License Loan ProgramOPEN
  • Nova Scotia Department of Fisheries and Aquaculture
Play and Exploration WorkshopsOPEN
  • Saskatchewan Ministry of Eduction
DUCA Small Business Loan OPEN
  • DUCA Financial Services Credit Union Ltd
Investment BootcampOPEN
  • Black Entrepreneurship Alliance
Strategic Investments (SEED)OPEN
  • Government of Northern Territories
Forage Capital PartnersOPEN
  • Forage Capital Partners