Value-Added Manufacturing
Through the Value-Added Manufacturing (VAM) Program, RRFB Nova Scotia provides funding for projects designed to commercialize new technology, products or services. Value-Added Manufacturing projects may include the following:
- Development of new products from solid waste-resources
- Development of new waste-resources processing and handling technologies
- Development of new markets for waste resources
- Applicants must confirm at least a 20 per cent equity position in the project to qualify for assistance.
- The maximum funding contribution will generally be no more than 50% of total project's cost, unless otherwise approved by RRFB Nova Scotia.
- Program assistance is provided in the form of a loan, forgivable loan or non-repayable contribution.
Examples of funded projects:
Moulding Warehouse - Waste MDF to Pellets
Moulding Warehouse Limited is a family operated business specialized in custom mouldings. Using VAM funding, Moulding Warehouse purchased a wood pellet machine to convert their Medium Density Fibreboard (MDF) waste wood into a valuable product. The project resulted in the diversion of 4 tonnes of waste wood.
Truro Sanitation Ltd.
In addition to the R&D project, Truro Sanitation also accessed VAM funding to acquire the machinery required to process the waste glass. It’s estimated that waste glass – or cullet – could replace up to 15 per cent of the aggregates in ready-mix concrete and even more in concrete blocks. Secondary markets for waste glass include roadbed aggregate, specialty asphalt and a sand-blasting abrasive.
