Liberals promise innovation rebate program for small- and medium-sized businesses

Premier Stephen McNeil says he has a new plan to help the province's small- and medium-sized businesses grow.

He says a re-elected Liberal government will create a so-called innovation rebate program.

The program would help established businesses by offering rebates of up to 15 per cent for capital investments between $3 million and $15 million.

McNeil said the program would be subjected to strict accountability rules.