$8M AC JumpStart Program Launches: Business Accelerator, Startup Funding

$8M AC JumpStart Program Launches: Business Accelerator, Startup Funding

In 2013, the Accelerator Centre (AC) in Kitchener-Waterloo, Ontario piloted a program, called JumpStart, to mentor startups and entrepreneurs.This year, the program receives a full launch alongside $8M in funding. The AC JumpStart program is a four-year partnership between the Accelerator Centre and three post-secondary institutions: Conestoga College, the University of Waterloo, and Wilfrid Laurier…

Call for Nominations 2015 BDC Young Entrepreneur Award Startup Funding

Call for Nominations 2015 BDC Young Entrepreneur Award Startup Funding

The BDC Young Entrepreneur Award contest is presently accepting applications from eligible Canadian entrepreneurs. Applications are open to candidates aged 18-35  in Canada seeking to expand their business through innovation. Applications are now being accepted until March 18, 2015. Two prizes are available to the contest winners. Grand Prize: $100,000 towards implementation of the entrepreneur’s…

Jobs and Prosperity Fund to Create Jobs via Ontario Business Grants

Jobs and Prosperity Fund to Create Jobs via Ontario Business Grants

In 2012, Statistics Canada compared Canadian business’ commitment to introducing new innovations within their organization between 2007-2009 and 2010-2012. When comparing these time periods, trends can be seen towards an increased focus on organizational innovation, as well as a dedication towards product innovation. These two metrics relate to productivity improvements throughout the organization, often carried…

FedDev Ontario Provides $2.2M in Funding for Businesses in the GTA

FedDev Ontario Provides $2.2M in Funding for Businesses in the GTA

Three medical companies located in the Greater Toronto Area (GTA) will receive up to $2.2 million in investments in the year 2015. In an effort to continually advance and develop southern Ontario’s innovation sector, the Investing in Business Innovation (IBI) Initiative provides new entrepreneurs with a 0% interest business loan to support commercialization projects for…

Western Diversification Program (WDP): Not-for-Profit Funding 2015 Deadline

Western Diversification Program (WDP): Not-for-Profit Funding 2015 Deadline

Western Economic Diversification Canada (WD) has announced the launch of their Western Diversification Program (WDP) Call for Proposals (CFP). The WDP is a business funding initiative dedicated to helping not-for-profit organizations seek and develop future project proposals in Western Canada. The WDP’s primary goal is to develop and support Western Canada’s economy through tactical investment…

Federal Government Invests in New Cancer Research Network

Federal Government Invests in New Cancer Research Network

On December 15, 2014, Industry Canada announced that the Federal Government of Canada will invest $25 million over five years in a new Ottawa Hospital-based network which will focus on improving the quality of life of Canadians. $25 Million investment will develop innovative treatments to fight cancer Member of Parliament for Ottawa-Orleans, Royal Galipeau announced…

Federal Government Invests in New Equipment to Ensure Quality & Safety of Manitoba Milk

Federal Government Invests in New Equipment to Ensure Quality & Safety of Manitoba Milk

On December 15, 2014, Agriculture and Agri-Food Canada (AAFC) announced a $397,000 investment to support the purchase of testing equipment for an accredited laboratory in Winnipeg, Manitoba called Horizon Lab Ltd. About Growing Forward 2 Funding Recipient, Horizon Lab Ltd. Horizon Lab is a subsidiary of Dairy Farmers of Manitoba (DFM), which provided an additional…

Success Story: Over $41M awarded in January

Success Story: Over $41M awarded in January

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…

Alberta Innovates Product Demonstration Fund: 2015 Deadlines

Alberta Innovates Product Demonstration Fund: 2015 Deadlines

Alberta Innovates Technology Futures (AITF) is an organization that leverages strong partnerships and support to help technical industries develop products and move them to market through the parent organization, Alberta Innovates. AITF is making progress to this end by building upon the province’s established advantage in industries like nanotechnology, information communication technologies, and genomics. The…

Linamar Receives $101M in Government Funding for Business Expansion Project

Linamar Receives $101M in Government Funding for Business Expansion Project

Canada’s second-largest auto parts maker, Linamar, is receiving significant support from the Canadian federal and provincial governments. The Guelph-based manufacturer has committed to a $506.8 million research and development project that will lead to significant job creation and innovation within Ontario. The resulting economic impact has spurred multiple government investments to assure a successful project…