Nova Scotia Business Incorporated

Other forms of name:
Nova Scotia Business Capital Corporation
Nova Scotia Business Development Corporation

The Nova Scotia Business Capital Corporation was established in 1988 to combine and supersede the Nova Scotia Resources Development Board, Industrial Estates Limited, Venture Corporations Board, Industrial Loan Board and Industrial Development Board. The object and purpose of the crown corporation was to encourage business development, including tourism or tourism-related businesses, and to promote business growth and employment opportunities by providing financial assistance to business. In 1992 the corporation was renamed Business Development Corporation. In 2000 the Business Development Corporation became Nova Scotia Business Incorporated, the object of which is to promote economic development through business development, retention and expansion, the establishment of new businesses, and trade development and expansion. In January 2011 responsibility for business development field services was transferred to Service Nova Scotia and Municipal Relations.

Notes: Authority record based on Statutes of Nova Scotia: 1986 c. 4, 1992 c. 14, 2000 c. 30. Order in Council 2011-15 (11 January 2011).