The New Dawn Innovation Fund allows both investors and businesses to further the vision of creating a self-reliant people in a vibrant community.
The New Dawn Innovation Fund is excited to announce the launch of its 2015 campaign. Here at New Dawn Innovation Fund, we provide investors with the opportunity to support local, innovative, growth-oriented companies while earning competitive dividends.
Committed to you since 2004, the New Dawn CEDIF family of companies (New Dawn Innovation Fund, New Dawn Community Investment and New Dawn Holdings,) has raised more than $9.4 million for direct investment in Cape Breton. We work with companies including: Protocase, Advanced Glazings, 45 Drives, Halifax Biomedical, Media Spark, Marcato Digital and Nova Stream.
Each year Nova Scotians invest more than $600 million in RRSPs. Less than 2% of this is reinvested in Nova Scotia. With the New Dawn Innovation Fund, your investment dollars stay in Cape Breton where they can be put to work in your community and you earn a 35% non-refundable provincial income tax credit, in addition to annual dividends.
By investing in a locally-owned business with a strong and consistent growth trajectory, your investment enables a cutting edge export-oriented business to access the capital it needs to expand its facilities and operations and to continue to meet the growing demand for its products.
Benefits of Investing
No Annual Management Fee
3% Annual Dividends (*)
35% Provincial Non-Refundable Income Tax Credit
100% of your money in invested in Cape Breton