Authentic Seacoast Distilling Company Ltd. will used the money to help pay for a $2.7 million project that is expected to create 35 jobs in the Guysborough area.
The Economic Development Department says the investment comprises a $1-million forgivable loan and a capital incentive of $191,000.
The company has also started a coffee roasting business and bakery.
The company is part of Authentic Seacoast Group, which owns a number of Guysborough businesses, including DesBarres Manor Inn, the Rare Bird Pub and Eatery, Osprey Shores Golf Resort, Authentic Seacoast Brewery and the Harbour Belle Bakery.
Note to readers: This is a corrected story. A previous version suggested the coffee roasting business and bakery were not yet open when in fact they are