Develop Nova Scotia: Building a Thriving Business Community

Developing a thriving business community is crucial for Nova Scotia's economic growth. Develop Nova Scotia is leading the way with its innovative approach to business development.

The province has a strong focus on innovation and entrepreneurship, with a goal of creating 2,500 new businesses by 2025. This ambitious target is a testament to the province's commitment to fostering a culture of innovation and risk-taking.

Develop Nova Scotia is working closely with industry partners to create a business-friendly environment, including providing access to funding, mentorship, and networking opportunities. By doing so, they're helping to build a community that's supportive of entrepreneurs and small business owners.

With its unique blend of natural beauty, skilled workforce, and business-friendly policies, Nova Scotia is an attractive destination for businesses looking to expand or relocate.

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Develop Nova Scotia was a Crown corporation of Nova Scotia, Canada, responsible for implementing and administering strategic infrastructure and property projects. It was founded in 1976 as the Waterfront Development Corporation Limited.

The corporation's original mandate was to revitalize post-industrial waterfront land in Halifax and Dartmouth. This task was successfully completed, and the corporation was later renamed Develop Nova Scotia in 2018.

Develop Nova Scotia's mandate was expanded in 2018 to encompass strategic economic infrastructure and property projects across the province. This change was formalized through the Develop Nova Scotia Act, which was passed in September 2018 and received royal assent in October 2018.

Develop Nova Scotia was eventually superseded by Build Nova Scotia on December 1, 2022, as part of a review of provincial Crown corporations led by Premier Tim Houston.

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Nova Scotia's workforce is a key asset for businesses, producing skilled graduates in technology, health sciences, and business. This diverse talent pool is a major draw for employers.

The province's highly educated workforce is a result of its renowned universities and colleges. This ensures a strong work ethic and innovative mindset, giving businesses a competitive edge.

Nova Scotia's cost of doing business is highly competitive, making it an attractive choice for businesses of any sector. With affordable real estate, lower utility expenses, and a favourable tax environment, companies can maximize profitability.

Nova Scotia's high-growth sectors include advanced manufacturing, agri-food and beverage, and technology, among others. Some of the key sectors are:

Nova Scotia offers a highly competitive business environment, making it an attractive choice for companies of all sectors. With affordable real estate, businesses can save on overhead costs.

The province's lower utility expenses also contribute to a cost-effective foundation for business success. This allows companies to allocate more resources to growth and development.

Nova Scotia's favourable tax environment is another significant advantage. This enables businesses to maximize profitability and stay competitive in the market.

Here are some key benefits of Nova Scotia's business environment:

Nova Scotia's highly-educated workforce is a key asset for businesses, with renowned universities and colleges producing skilled graduates in technology, health sciences, and business.

Employers benefit from a diverse talent pool, strong work ethic, and innovative mindset, ensuring a competitive edge in today's dynamic global economy.

Nova Scotia's workforce is a major draw for businesses looking to invest in the province.

The province's highly-educated workforce is a result of its strong education system, which provides employers with a steady supply of skilled and educated workers.

Nova Scotia's diverse workforce is comprised of individuals from various backgrounds and industries, including technology, health sciences, and business.

Here are some of the key sectors that benefit from Nova Scotia's highly-educated workforce:

These sectors are just a few examples of the many industries that thrive in Nova Scotia due to its highly-educated workforce.