Recently, the Canadian Government announced several changes to the Canadian Small Business Financing Program to make it easier for small business to access funding through the program. The biggest change is that eligible companies can have up to $10M in annual revenues, up from the previous $5M. This program helps small businesses access money to…
The Federal Government is continuing to assess barriers to inter-provincial/territorial trade to determine what influences a business’s ability to trade outside of their province or territory. In an earlier article on Canadian internal trade, we highlighted industries, goods, and job roles that were impacted by inconsistent regulation and legislation. This inconsistent policy framework limits Canadian…
The Canadian Government awarded over $24M in business grant and loan support through the Prosperity Initiative to Ontario companies in the month of January. This support will be used by businesses and not for profits to acquire new capital equipment, improve facilities, create jobs, and support their supply chain. Of this, Mentor Works clients were…
FedDev Ontario recently announced the launch of a new fund to support entrepreneurs. The SmartStart Seed Fund (SmartStart) launched with a pool of $9M to support entrepreneurs in the technology sector or companies with innovative ideas. The program provides seed financing for entrepreneurship skills training to help young business owners grow their company and make…
DISCLAIMER: The information provided in this blog was accurate at the date of original posting. The program details have since changed, please see B.C. Employer Training Grant (ETG) for more details. The Canada-B.C. Job Grant is a small business grant that provides businesses with funding for training their employees. Businesses can obtain up to $10,000…
Ontario Agricultural and Agri-Food businesses can utilize a range of funding programs to support their growth. The challenge is how to find and take advantage of what is out there. Mentor Works will be hosting a webinar to help companies identify their funding priorities and develop strategic plans to find support for their agricultural and…
According to a report released by Export Development Canada (EDC), exporter confidence for Canadian businesses fell in 2014. Their report measured how Canadian exporters and investors are feeling about international and foreign business opportunities in the next six months. The data is collated and measured with the Trade Confidence Index (TCI), which summarizes the state…
Similar to the Canada-Ontario Job Grant, the Canada-Alberta Job Grant is a small business grant that provides businesses with funding for training their employees. Businesses can obtain up to $10,000 per employee to cover 66.67% of training costs. Businesses can apply for funding for existing employees as well as new hires. The Canada-Alberta Job Grant…
Jason Kenney, Minister of Employment and Social Development and Minister for Multiculturalism highlighted a successful year of funding to support training, skills development, and job creation”. Minister Kenney praised Employment and Social Development Canada’s (ESDC) efforts in 2014 to support job creation through a variety of programs and initiatives. In 2014 ESDC supported employment in…
Entrepreneurs, small businesses, inventors, and hobbyists can apply now for a chance to showcase their products on an exciting new business based television series from the producers of Shark Tank, The Apprentice, Survivor, and The Voice. Antica Productions currently has an open casting call for inventors, entrepreneurs, small business owners who have a new product…