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Funding Options

About Funding for Training in Nova Scotia

We know of three types of funding that are available:

  • Workplace Innovation and Productivity Skills Incentive (WIPSI)
  • Consulting Advisory Services (CAS)
  • Entrepreneurial Training Fund (ETF).

About WIPSI

The Workplace Innovation and Productivity Skills Incentive (WIPSI) funding incentive encourages employers to invest in employee skills through training to: improve productivity; introduce new technology and processes; and increase innovation and long-term competitiveness to enhance inter-provincial and international competitiveness.

WIPSI Funding

The funding available depends on the size (in employees) of the business. Generally, companies are asked to let employees take training during work time to make up the in-kind contribution.

  1. Small businesses (under 50 employees)
    i. $5,000-$10,000 training incentive: Applicants are required to provide an in-kind contribution (e.g. employee time release). No cash contribution is necessary with respect to the applicant’s first application per fiscal year. Thereafter, applicants will be required to provide a 50% cash contribution to incentives.
    ii. Over $10,000 training incentive: Applicants are required to cost-share (cash/in-kind contribution)
  2. Medium and large businesses (50 or more employees)
    i. $10,000 and more training incentive:
    • Maximum government contribution is 50% of eligible costs
    • Applicants are required to cost-share (cash/in-kind contribution)

WIPSI Eligibility

Businesses are required to demonstrate $25,000 in wages or owner drawings for WIPSI eligibility. Also, you are requested to provide the last two years of financial statements.

Eligible Costs

Training may be up to 12 months in duration and may be provided off-site or in-house. All training must be formal, structured, and delivered by a qualified training provider. The training incentive must be for employees permanently located in Nova Scotia. Training costs:

• purchase of training from a formal training institution or qualified external or internal training provider
• registration, tuition or course fees
• international training
• management skills development
• skills development and training leading to certification
• training that supports workplace diversity
• other skills development and training based on a valid business case
• other training-related costs, such as manuals, books, and support materials
• accommodating for disabilities (e.g. voice recognition software)
• travel costs for employees in approved training (e.g. travel)

Click here to download a .pdf document with this information about WIPSI.

Consulting Advisory Services (CAS)

Described at cbdc.ca/en/programs/consultant-advisory-services-cas, CAS is available in Nova Scotia, anywhere except Halifax, Dartmouth and Bedford.

Eligible Activities - eligible CAS participants can access the CAS Initiative for any of the following activities:

  1. Diagnostic assessments: to conduct a thorough review of all aspects of an existing operation in order to provide an objective assessment of its current performance, key issues and future prospects.
  2. Business Management Development Practices: To undertake a comprehensive review of the management skills of an existing organization in order to provide an objective assessment of its current status and identify opportunities to enhance operations/management performance. This will ensure that the organization maximizes its growth potential and job creation over the long term. Consulting services for the review, development and implementation of Board Governance policies and procedures, legal consulting for contracts, HR, etc., or any other topics deemed appropriate, can also be covered in this category.
  3. Access to Capital: To source other options for capital beyond government sources of financing. A consultant with expertise in this field will assist the client with the development of a business plan and funding proposals.
  4. Market Readiness/Export Potential: To undertake an objective assessment of an existing organization to determine its export readiness and identify areas that require enhancement to successfully enter the export market. Assessments should take into consideration tools and advice available through applicable government departments, such as ACOA and Nova Scotia Business Inc., and should increase the organization’s chances for success.
  5. Specific Studies/Business Plans Mentoring: To assist an organization with the development and initial implementation of a study or business plan. It is intended that the Consultant provide guidance and direction while the actual plan is prepared by the organization.
  6. Business Coaching: To provide business coaching to business owners to develop the individual’s leadership abilities, supervisory skills and enhance the individual’s existing core leadership competencies (not limited by these topics, other areas may be added depending on the individual’s needs).
  7. Aftercare/Mentoring and Follow-Up: To provide mentoring or coaching assistance and advice to an organization that has proceeded with the implementation of advice/strategies developed in any of the above-described CAS products.

Download the CAS Application Form (.pdf document).

Entrepreneurial Training Fund (ETF)

ETF is available in Nova Scotia, anywhere except Halifax, Dartmouth and Bedford.

The intent of the Entrepreneurial Training Fund is to provide necessary resources to enable entrepreneurs to strengthen their overall management, marketing and planning capabilities and develop long-term human resource skills with a primary focus on Business Management Skills within these areas. The Entrepreneurial Training Fund is designed with the basic principal of increasing the Business Management Skills of entrepreneurs. For that reason, Business Management Skills are deemed eligible under this program and due to the limited funding available, technical skill training is not considered eligible under this program.

The ETF will pay for 90% of the training costs up to $2000.

About Funding for Training in Newfoundland and Labrador

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