Value-Added Manufacturing Program

Overview of the Value-Added Manufacturing Program program:

Value-Added Manufacturing (VAM) funding is intended to support Nova Scotia-based businesses in the development of an innovative process that manufactures value-added products from materials recovered from a Nova Scotian waste stream. Projects should capitalize on business development opportunities created from the Nova Scotia Solid Waste-Resource Management Strategy, with an emphasis placed on innovative projects. Value Added Manufacturing Funding will be provided for approved projects that develop: - Innovative products from solid waste-resources - Waste-resources processing and handling technologies - End markets for waste-resources - Processes or technology to increase efficiency

Benefits of the Value-Added Manufacturing Program program:

• The maximum program contribution will generally be no more than 50% of total costs of the proposed project. In some instances, where in the opinion of the Committee the project is of particular strategic value, a higher level of assistance may be offered. The amount of funding available each year is limited. Assistance will be provided in the form of a loan, forgivable loan, and/or non-repayable contribution depending on the projects perceived strategic value by the Committee.

Eligibility criteria of the Value-Added Manufacturing Program program:

• Eligible applicants include
• Individual businesses (sole proprietorships, partnerships, corporations)
• Business associations or industry groups
• Industry-led collaborative partnerships between the private and public
• Sectors and two or more businesses or consortia.
• Applicants must hold the necessary licenses, leases, and permits, where applicable.
• Applicants must confirm at least a 20% equity position in the project to qualify for assistance
• Applicants and/or project activities shall be based in Nova Scotia, unless specifically approved by Divert NS. Divert NS encourages business alliances and partnered proposals for new products, services, and technologies of province-wide significance and benefit.
• Partnered proposals for new products, services, and technologies of province-wide significance and benefit.