Mentor Works Ltd. http://www.mentorworks.ca The Canadian Government Grants and Loan for Business Experts Fri, 23 Sep 2016 12:27:25 +0000 en-CA hourly 1 Energy Innovation Program (EIP) CleanTech Grants http://www.mentorworks.ca/blog/government-funding/2016-09-energy-innovation-program-cleantech-grants-overview/ http://www.mentorworks.ca/blog/government-funding/2016-09-energy-innovation-program-cleantech-grants-overview/#respond Fri, 23 Sep 2016 12:17:08 +0000 http://www.mentorworks.ca/?p=25375 Energy Innovation Program Cleantech Grants for Research and Development

The Government of Canada’s vision for a low-carbon economy has created numerous opportunities for businesses across the country. New incentives, such as the Energy Innovation Program (EIP), provide small business grants for clean technology research and development. This critical source of research and development funding helps companies bring their innovations to market faster, and strengthens […]

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Energy Innovation Program Cleantech Grants for Research and Development

The Government of Canada’s vision for a low-carbon economy has created numerous opportunities for businesses across the country. New incentives, such as the Energy Innovation Program (EIP), provide small business grants for clean technology research and development. This critical source of research and development funding helps companies bring their innovations to market faster, and strengthens the Canadian economy.

The Energy Innovation Program (EIP) provides up to 50-75% of project costs to a maximum of $5 million for businesses completing cleantech research, development, and demonstration projects. Projects that are eligible for the program will seek to produce/use energy in a cleaner and more efficient way previously unavailable.

EIP’s Clean Energy Innovation program has an upcoming application deadline set for October 31, 2016. Continue reading to discover if your business and project are a good fit for the Energy Innovation Program.

Energy Innovation Program: Clean Energy Innovation Projects

There are two streams of grants that can be applied for through the Energy Innovation Program. This includes:

1. Research and Development Projects

Up to 75% of a business’ total project costs to a maximum $5 million may be requested for projects such as:

  • Applied research related to the early-stage development of new innovative clean technologies;
  • Developing, assessing, testing, and integrating innovative equipment, software, and methodologies;
  • Developing energy-related codes and standards, regulations, and testing procedures designed to reduce/eliminate barriers to cleantech integration;
  • Pre-demonstration field trials; and
  • Assessments or characterization studies.

2. Demonstration Projects and Front-End Engineering Design Studies (FEED)

Up to 50% of a business’ total project costs to a maximum $5 million may be requested for projects such as:

  • The installation of pre-commercial technologies;
  • Modification to existing processes, equipment, or systems to accommodate new innovative technologies;
  • Installation of equipment or infrastructure to support one or more demonstrations; and
  • Conducting studies on the technical, financial, and regulatory requirements to complete a demonstration project (FEED studies).

Please Note: Both streams of the Energy Innovation Program require applicants to request cleantech grants of $300,000 or more. This means that Research and Development projects must have project expenses of at least $400,000 while Demonstration and FEED projects must have project expenses of at least $600,000.

Project Priority Areas: Energy Innovation Program

All projects, regardless of the stream of funding being applied for, must fit at least one of the following strategic priority areas:

  • Improving industrial efficiency;
  • Carbon capture, use and storage;
  • Renewable, smart grid and storage systems;
  • Reducing diesel use by industrial operators (northern and remote communities);
  • Addressing methane and volatile organic compounds (VOCs); and
  • Reducing greenhouse gas emissions in the building sector.

Applicants Eligible to Receive EIP CleanTech Research Grants

Entities eligible to participate in the Energy Innovation Program must be incorporated or registered within Canada and include:

  • For-profit businesses;
  • Electricity and gas utilities;
  • Industry associations;
  • Research associations;
  • Academic institutions;
  • Standards organizations;
  • Aboriginal and community groups; and
  • Government departments and agencies.

How to Apply for Energy Innovation Program CleanTech Grants

Application proposals must be submitted to Natural Resources Canada (NRCAN) by October 31, 2016. Applications may be obtained from NRCAN by submitting an online form detailing your company and project information.

If you would like to confirm your eligibility for the Energy Innovation Program and accelerate the application process, please contact a Government Funding Planner for tools and resources required to successfully connect you to this cleantech funding program; apply now to ensure your application is submitted before the program closes.

Canadian Small Business Funding Guide

Recent Clean Technology Research and Development News:

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How to Inspire Your Team: Communicate the ‘Why’ Behind Action http://www.mentorworks.ca/blog/professional-development/inspiring-business-teams-with-purposeful-action/ http://www.mentorworks.ca/blog/professional-development/inspiring-business-teams-with-purposeful-action/#respond Thu, 22 Sep 2016 13:28:51 +0000 http://www.mentorworks.ca/?p=25368 How to Inspire Team Members in Business

For almost 10 years I’ve held management roles in both for-profit and non-profit organizations. As a young manager, I thought that in order to motivate others, I first needed to show them how to achieve desired results. This was a grave mistake, as it was only part of the picture. I rarely shared why I […]

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How to Inspire Team Members in Business

For almost 10 years I’ve held management roles in both for-profit and non-profit organizations. As a young manager, I thought that in order to motivate others, I first needed to show them how to achieve desired results. This was a grave mistake, as it was only part of the picture.

I rarely shared why I was motivated to stay at the office an hour after my colleagues went home. I rarely, if ever, communicated why I extended myself to give 110% effort to every project. In failing to communicate these insights to my team, I was unable to motivate them to the extent that I knew was possible.

As I will discuss in greater depth throughout this article, it’s not until you begin communicating WHY you do what you do that your followers, colleagues, or reports will actually become inspired. Stop telling people WHAT – start telling people WHY!

The “Ah-Ha!” Moment When I Began Communicating Effectively

As a New Year resolution in 2013, I decided to start a social club on Meetup. The concept was to be an ‘ordinary superhero’ who makes strangers smile and to feeds the homeless, all while donning a superhero costume. The idea was crazy enough that I had 50 members join within the first week. Now, almost 4 years later, the club has grown to over 600 members with a waitlist for every event we host.

My New Reality: Finance Manager by day, Superhero by night.

When leading the group’s volunteers, I had that breakthrough moment – I started sharing what motivated me in life and at work. These ideas generated a shared purpose among the group, one that was bought into and supported by everyone. I brought this strategy back into my Finance Manager position with similar positive results.

How Great Leaders Inspire Those Around Them

It wasn’t until I stumbled upon Simon Sinek’s TEDtalk on how great leaders inspire that I consciously understood the shift that occurred in my communication style.

Communicating Purpose to Motivate and Drive Results

In his book, Start with the Why, Simon Sinek uncovers the distinction between the successful leader and the plodder. Sinek came up with The Golden Circle illustration (right) to demonstrate how organizations understand and communicate their value. This includes:

  • WHAT: Every organization on the planet knows what they do; the products or the services they sell.
  • HOW: Some organizations know HOW they do it; what sets them apart from their competition.
  • WHY: Very few organizations know WHY they do what they do. WHY is the purpose for which the organization exists. WHY should people care?

The Golden Circle is quite simple – What, How and Why. Sinek asserts that this Golden Circle is rooted in the biology of the human brain. The WHAT and HOW are processed by the part of the brain that deals with language; the WHY is processed by the part of the brain that deals with emotions, motivation and trust.

Related Blog: Cultivate Business Success through Workplace Disciplines

How Can Companies Use this Understanding?

In branding and marketing, most companies start with the WHAT and move inwards, while very few start with the WHY and move outwards in the circle. Moving outwards from WHY does more than inspire employees, it also attracts customers that understands the value that your product or service provides to them on a personal level.

Sinek compares companies like Dell and Apple to further exemplify the difference between WHAT-centric and WHY-centric business communications:

  • Dell, a WHAT company, communicates that they are a computer company that builds computers for you. When Dell tried to expand into other product lines like MP3 players, they failed.
  • Apple, a WHY company, communicates their WHY is to fight the status quo. They set out to build a computer that would give an ordinary person the ability to do things that previously required massive amounts of capital and the support of large organizations to accomplish.

From WHY, Apple was able to communicate their HOW and ultimately sell their WHAT. They were able to develop products that fought the status quo and that’s why they have succeeded as a brand and were able to successfully expand into building and designing other products when so many other computer companies failed.

Sinek states that great leaders, like Dr. Martin Luther King, don’t tell people WHAT to do or HOW to do it. There were many civil rights movement leaders in the 60s but none that could draw a crowd like Dr. King or inspire the movement the way he did. What did he do differently? Dr. King started with the WHY and communicated what he believed in.

Related Blog: Train Your Sales Team to Understand and Communicate Value

7 Concepts to Remember When Sharing Ideas

Inspiring employees and those around you is not easy. Attracting customers to your brand and products isn’t easy either. Here are some of Sinek’s tips when it comes to sharing ideas and inspiring others:

  1. Clearly communicate your WHY.
  2. Build your HOW and WHAT based on your WHY.
  3. Focus on the WHY and the HOW and WHAT will take care of themselves.
  4. As your company grows be careful not to lose your WHY.
  5. As your company grows be very clear on communicating your WHY as the WHY often grows fuzzy.
  6. The WHY is what inspires you, day after day. The WHY is what inspires those around you to give their best day after day.
  7. Do not focus as much on the HOW and WHAT in your communications, always lead with the WHY.

Starting with the WHY helped me launch and grow my superhero club. It’s also changed in my management style at work. Each time a team member struggles with motivation, I share the WHY and the purpose of the organization. The positive difference it makes is unmatched.

To inspire those around you, you must encourage them to focus on the WHY they are there. When you do this, the HOW will reveal itself and the WHAT, your end result, will be realized.

Recent Management and Business Consulting News:

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A 5-Point Framework for Great Small Business Performance Metrics http://www.mentorworks.ca/blog/business-consulting/small-business-performance-metrics-reporting/ http://www.mentorworks.ca/blog/business-consulting/small-business-performance-metrics-reporting/#respond Wed, 21 Sep 2016 11:58:57 +0000 http://www.mentorworks.ca/?p=25359 Key Performance Indicators KPIs and Strategy Development

Disclaimer: The views and opinions expressed in the following article are those of the guest author and do not necessarily represent or reflect Mentor Works Ltd. One of the many challenges of managing a small business is dealing with the complexities of growth. There are more clients, more employees, more problems, and more decisions to […]

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Key Performance Indicators KPIs and Strategy Development

Disclaimer: The views and opinions expressed in the following article are those of the guest author and do not necessarily represent or reflect Mentor Works Ltd.

One of the many challenges of managing a small business is dealing with the complexities of growth. There are more clients, more employees, more problems, and more decisions to make.

Perhaps trying to keep doing everything on your own does not seem to leave any time for you, or when you try to delegate the tasks, it all seems to fall apart and not end up the way you envisioned.

The solutions to growth challenges often lie within your management system. At the heart of the system are the Key Performance Indicators (KPIs) or the metrics of the business. Teams who are effectively using KPIs will be able to determine trends and act based on performance, while those who do not track KPIs well may be less reactive and miss opportunities available to them.

Finding the Right Mix of Data: Quality vs. Quantity

There is much discussion these days about “big data” – but how does that affect you? According to some, over 95% of generated data goes unused. So how do you make the most of the data that you have without becoming overwhelmed?

Let’s look at a framework for identifying good data and then a concise way to look at that data.

Accessing the Right Data to Guide Management Decisions

The first step involves selecting the “right” data. Don’t be discouraged – there is no “right” data for every organization, at every point in time! In fact, the most important task is to define what is critical by connecting it to your strategy and the priorities for the year. For example, if it is a high growth year, cash flow might be your biggest priority. Isolating this to measuring receivables beyond your 30-day terms might be the metric you track and discuss.

Related Blog: Balancing Your Business’ Definition of Success: KPIs and Team Input

Key questions to ask that will help identify the data to review, and check against the framework above include:

  1. Experience: What are the three factors I check now to tell me things are ok?
  2. Stakeholder Impact: What two elements are most important to my customers? My suppliers? My employees?
  3. Financial Drivers: What are the top three financial drivers? Have I identified a daily input to these, rather than wait for the month end?
  4. Execution: How do I measure employee performance and satisfaction?

How to Measure the Effectiveness/Utility of KPI Metrics

Even with the short list of KPIs we just generated, your analytics dashboard would have 10-15 key metrics on it. To cut through all of this and pick out the most important details, having a consistent and disciplined framework to look at the data is paramount.

I like to utilize five tests:

  1. Relevance: Is it important for the business? (You would be surprised how much data fails this simple test!)
  2. Trend: Can I see and react to a trend, or is it too late?
  3. Target: Have I defined what success is, and where I need to take action?
  4. Visibility: Is the data current, and is it readily available to generate discussion and action?
  5. Simplicity: Can I (or my staff) connect an action to a change in this data?

Data in Action: How to Manage Your Business with KPIs

Here is a simple example of how KPIs can be used to identify and measure strategic direction:

Your shipper brings you a chart like the one below, and says, “We have too much slow moving inventory”. Let’s look at the data provided within the framework above.

Key Performance Indicators Example

  1. Relevance: Is this critical to reduce now? Am I running out of space, or are my customers negatively impacted?
  2. Trend: Was there a surge this week? This month? Trends are difficult to discover with pie charts.
  3. Target: Have I defined my targets for each area? Am I working to reduce sales discounts, or quick changes to reduce set up time?
  4. Visibility: Your shipper may be right – is it posted on the wall, and do they discuss it every day? Do you celebrate wins?
  5. Simplicity: Which inventory fits in each bucket? Can I identify that on the floor? Is it grouped/colour coded to match the groups on the chart?

How Does This Align with my Business’ Strategy?

Consider that in the previous scenario, you gained two new accounts because you had inventory on the floor, ready to ship. At that point, does reducing inventory align with your growth priority? How can you achieve inventory readiness at the lowest cost?

Careful selection of the most important metrics and putting them in a framework that drives ownership, action and accountability are critical factors to help you grow and improve your performance leadership.

Recent Leadership and Management News:

 

Guest Author Profile

Mike Arnew is a management consultant with over 30 years of experience coaching both large and small companies to improve performance. He can be reached at mike.arnew@gmail.com

 

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$25M+ in Automotive Supplier Innovation Program (ASIP) Research Grants Awarded http://www.mentorworks.ca/blog/government-funding/automotive-supplier-innovation-program-asip-research-grants-awarded/ http://www.mentorworks.ca/blog/government-funding/automotive-supplier-innovation-program-asip-research-grants-awarded/#respond Tue, 20 Sep 2016 11:56:57 +0000 http://www.mentorworks.ca/?p=25355 ASIP Grants for Automotive Research and Development

Canada’s innovation economy is transforming how the automotive industry competes with global manufacturers. Canadian automotive suppliers must work smarter and develop new technologies or processes that enable clean, efficient automobiles to be created. To incentivize this transition, the Canadian federal government created the Automotive Supplier Innovation Program (ASIP) to support investment into research and development […]

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ASIP Grants for Automotive Research and Development

Canada’s innovation economy is transforming how the automotive industry competes with global manufacturers. Canadian automotive suppliers must work smarter and develop new technologies or processes that enable clean, efficient automobiles to be created. To incentivize this transition, the Canadian federal government created the Automotive Supplier Innovation Program (ASIP) to support investment into research and development activities.

The Automotive Supplier Innovation Program was assigned $100 million in 2015 to fuel the innovative growth of manufacturers until 2020. Canadian government grants are issued from ASIP and may provide up to 50% of eligible expenses to a maximum $10 million over the program’s lifetime.

As of August 2016, 13 projects have been awarded up to $25,116,490 in Canadian government grants through the Automotive Supplier Innovation Program. With nearly 75% of the program’s funding pool still available for investment, more automotive suppliers should consider applying. If your business is investing in projects similar to the successfully funded ones below, they may be a good fit for these research grants.

Automotive Supplier Innovation Program: Successful Projects

The following 6 projects have been awarded ASIP research and development grants since the program’s launch in 2015:

Pravala Networks – $9,742,500 for Connected Vehicle Technologies

Nearly $10 million, ASIP’s maximum funding contribution, will be awarded to Pravala Networks, an automotive technology firm. ASIP research grants will assist Pravala to develop a new platform that lets automotive OEMs access tools to manage autonomous (self-driving) vehicles.

Exco Technologies – $4,588,000 for High-Pressure Die-Cast Moulds

Exco Technologies is a global designer, developer, and manufacturer of dies and moulds for the automotive industry. With ASIP research and development grants, the business will be able to make high-pressure die-cast moulds that use less steel than currently used processes. Their 3D printing process will also be refined, leading to faster and more reliable production for automotive components.

The Electromac Group – $1,478,500 for Hot Stamping Small Components

Nearly $1.5 million will be awarded to The Electromac Group, a manufacturer specializing in hot and cold stamping of automotive parts. The company will use their ASIP grants contribution to develop an innovative prototype/process that will allow them to stamp up to 64 components at a time.

Smarter Alloys – $1,121,100 for Advanced Materials Development

Smarter Alloys is at the forefront of developing innovative shape memory materials. Over $1 million in Automotive Supplier Innovation Program grants will be leveraged by the company to develop Multiple Memory Materials™ for use in the automotive industry. These advanced materials will be able to change shape as required for components such as door latches and grill shutters.

Novo Plastics – $850,000 for Plastic Parts Development

Plastics manufacturer, Novo Plastics, will receive nearly $1 million in ASIP research and development funding to develop a reliable plastic muffler system. By replacing dated steel mufflers, automotive manufacturers will be able to create lighter, more fuel-efficient vehicles.

Invotek Electronics – $412,025 for Radar System Development

Autonomous vehicle technologies are rapidly accelerating as more automotive assemblers are integrating them into new models. Innovative companies who can revolutionize this space are receiving heavy investments to begin developing and commercializing their tech. Invotek Electronics Inc. is one of the companies leading this progress and will receive ASIP grants to develop innovative radar technologies to help steer vehicles and maintain passenger safety.

Related Blog: How Lightweight Vehicles Are Transforming the Automotive Industry

ASIP Canadian Government Grants for Research and Development

The Automotive Supplier Innovation Program (ASIP) provides research grants to Canada’s most innovative automotive companies. Automotive parts manufacturers and automotive suppliers may receive up to 50% of expenses to innovative research and development projects which result in new innovative capabilities.

ASIP-funded innovations could include new production methods to reduce time/cost, lighter and more fuel-efficient automotive components, or testing and inspection technologies that require less labour, time, or rework.

Automotive Supplier Eligibility for ASIP

To qualify for the Automotive Supplier Innovation Program, Canadian businesses must:

  • Have 500 or fewer full-time payroll employees;
  • Have less than $1 billion in global revenues;
  • Serve the automotive industry through software, equipment, or processes.

How to Apply for the Automotive Supplier Innovation Program

To apply for ASIP technology development grants, businesses must submit a detailed application to Innovation, Science and Economic Development Canada. Upon document submission, the Government of Canada will review applications within a 6-8 week period then notify applicants of next steps.

To get started, automotive suppliers should first ensure their project’s eligibility for ASIP technology development grants. Mentor Works can assist your company to learn if ASIP is the right government funding program for your project. Please contact Mentor Works to learn more about the program and begin the application process with a Canadian Government Funding Planner.

Canadian Small Business Funding Newsletter

Recent Automotive Innovation Supplier Program (ASIP) News:

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Celebrate Ontario 2017 Grants for Tourism Event Funding (Deadline Approaching) http://www.mentorworks.ca/blog/government-funding/2016-09-celebrate-ontario-2017-tourism-event-grants-deadline/ http://www.mentorworks.ca/blog/government-funding/2016-09-celebrate-ontario-2017-tourism-event-grants-deadline/#respond Mon, 19 Sep 2016 15:03:21 +0000 http://www.mentorworks.ca/?p=25352 Celebrate Ontario 2017 Tourism Event Grants for Non-Profits

Celebrate Ontario government grants provide funding to festivals and events across the province. Since 2006, the event funding program has helped organizers enhance their product and attract larger audiences, which in turn boosts tourism in Ontario. Some well-known events that have received grants through Celebrate Ontario include the Shaw Festival, Canadian Music Week, Burlington’s Sound […]

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Celebrate Ontario 2017 Tourism Event Grants for Non-Profits

Celebrate Ontario government grants provide funding to festivals and events across the province. Since 2006, the event funding program has helped organizers enhance their product and attract larger audiences, which in turn boosts tourism in Ontario. Some well-known events that have received grants through Celebrate Ontario include the Shaw Festival, Canadian Music Week, Burlington’s Sound of Music Festival, and Toronto’s Festival of Beer.

Celebrate Ontario 2017, this year’s version of the funding program, has recently launched and is now accepting grant applications. Organizations hosting tourism events from April 1, 2017 to March 31, 2018 may apply for up to $25,000-$300,000, depending on the scale and legacy of the event.

Applications for Celebrate Ontario 2017 must be submitted by November 8, 2016 at 5:00pm. To learn if your event is a good fit for Celebrate Ontario funding, consider the following details.

Celebrate Ontario 2017 Funding Program Details

Celebrate Ontario 2017 was built on the success of last year’s grant program, which successfully funded hundreds of tourism-generating events across the province. The program offers assistance to new and existing events, with various amounts of funding available to expand the budgets of all event sizes.

New Tourism-Generating Events

One-time or first-time events may receive up to 25% of its total cash operating expenses. Budgets with operating expenses:

  • Less than $250,000 may receive up to $25,000.
  • Greater than $250,000 but less than $1,000,000 may receive up to $50,000.
  • Greater than $1,000,000 may receive up to $150,000

Existing Tourism-Generating Events

Recurring events, or events that have been offered in the past may receive up to 50% of enhancement (budget expansion) costs, or up to 25% of its total cash operating expenses, whichever is less. Budgets with operating expenses:

  • Less than $250,000 may receive up to $50,000.
  • Greater than $250,000 but less than $1,000,000 may receive up to $100,000.
  • Greater than $1,000,000 may receive up to $300,000 for a single year of funding, or $275,000 annually for up to two years if the event will continue to recur.

Celebrate Ontario 2017 Program Updates

This year’s Celebrate Ontario grants program includes a number of key improvements that will help events become even more successful. Some of these updates include:

  • Existing events applying for project enhancement funds may now include marketing expenses in their submission. Marketing and promotion costs may form up to 15% of the project budget submitted for Celebrate Ontario funding.
  • Existing Ontario tourism events with budgets in excess of $1 million may receive event funding for the next two years. Up to $275,000 may be awarded for each year, and applicants do not need to re-apply for the grant to receive the grant in 2018.
  • Existing events hosted between April 1, 2017 and December 31, 2017 may be given funding priority if the enhancement celebrates or commemorates Ontario or Canada’s 150th year celebration.
  • All events hosted in rural or northern Ontario may be given funding priority.

Events Eligible to Receive Celebrate Ontario Grants

To receive Celebrate Ontario tourism event grants, hosts must ensure that their project is:

  • Facilitated within Ontario;
  • Hosted between April 1, 2017 and March 31, 2018;
  • Organized by a legal entity; and
  • Open to the general public without club/group membership.

Celebrate Ontario Event Funding Priority

Priority will be given to events demonstrating a positive impact on tourism by:

  • Strengthening Ontario’s tourism brand image throughout Canadian and international markets;
  • Increasing the amount of overnight visitors who require lodging and other services as part of their event experience;
  • Attracting out-of-province or international visitors;
  • Increasing the event’s attendance; and
  • Increasing visitor expenditures while attending the event.

Celebrate Ontario Event Grants: Applicant Eligibility

Organizations may apply for Celebrate Ontario 2017 event grants if they:

  • Are federally or provincially incorporated;
  • Operate within the Province of Ontario; and
  • Are for-profit, non-profit, municipalities, or an Aboriginal organization.

How to Apply for Celebrate Ontario 2017

Applications for Celebrate Ontario 2017 are due November 8, 2016 at 5:00pm, however potential applicants should begin the process now to ensure they submit the required documentation on time. Extensive details about the event’s operations, budget, and project management team are required as part of this submission.

If you would like do discuss the eligibility or funding potential of your tourism-generating event, please contact Mentor Works. Upon the verification on your event’s eligibility, we can also provide comprehensive assistance through the entire application process, including collecting required details and writing your application to highlight how it meet’s the program’s objectives.

Canadian Small Business Funding News

Recent News About Celebrate Ontario Tourism Event Grants:

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How Lightweight Vehicles Are Transforming the Automotive Industry http://www.mentorworks.ca/blog/market-trends/automotive-manufacturing-lightweight-vehicles/ http://www.mentorworks.ca/blog/market-trends/automotive-manufacturing-lightweight-vehicles/#respond Fri, 16 Sep 2016 11:32:57 +0000 http://www.mentorworks.ca/?p=25346 Lightweight Vehicle Manufacturing Grants Canada

New vehicle innovations are reshaping the automotive industry at a more rapid pace than ever before.  Global manufacturers are developing new products and processes at an accelerated rate, which is helping the automotive industry to become more efficient and technologically advanced. One of the major trends leading this revolution is the lightening of vehicles throughout […]

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Lightweight Vehicle Manufacturing Grants Canada

New vehicle innovations are reshaping the automotive industry at a more rapid pace than ever before.  Global manufacturers are developing new products and processes at an accelerated rate, which is helping the automotive industry to become more efficient and technologically advanced.

One of the major trends leading this revolution is the lightening of vehicles throughout their design – from small components to large body panels. Using composite materials that are stronger, yet lighter than steel enables companies to create vehicles that require less fuel and create fewer emissions.

Why Are Automotive Manufacturers Constructing Lightweight Vehicles?

North American automotive OEMs are making their vehicles lighter for 2 key reasons:

1. Meeting Vehicle Emissions Standards

The U.S. federal government’s Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) developed the National Program for Greenhouse Gas Emissions and Fuel Economy Standards.

This program aims to reduce greenhouse gas (GHG) emissions through various means, including through improved fuel economy.  There are 2 phases of the program applying to light-duty cars and trucks:

  • Phase 1: Model years 2012-2016
  • Phase 2: Model years 2017-2025

By 2025, the National Program for Greenhouse Gas Emissions and Fuel Economy Standards are expected to:

  • Cut 6 billion metric tons of GHG over the lifetimes of the vehicles sold in model years 2012-2025;
  • Save more than $1.7 trillion in fuel costs; and
  • Reduce the United States’ dependence on oil by more than 2 million barrels per-day by 2025.

The Government of Canada created the Passenger Automobile and Light-Truck Greenhouse Gas Emission Regulations in 2011, which are aligned to U.S. emissions standards. The regulations seek to create a “level playing field that will lead North American manufacturers to produce more advanced vehicles” according to Environment and Climate Change Canada.

2. Meeting Fuel Efficiency Standards

The Corporate Average Fuel Economy (CAFE) standards are U.S. federal government regulations, first introduced in 1975, designed to drive incremental fuel economy gains in the fleets of automotive OEMs selling vehicles in the U.S. market.

CAFE has set incremental efficiency improvement goals out to 2025. As vehicles are not produced separately to meet U.S. and Canadian fuel economy standards, this ensures that all vehicles sold within Canada also meet the U.S. CAFE standards.

Canada has similar regulations to CAFE in place, named Company Average Fuel Consumption (CAFC) standards, which have been harmonized to CAFE standards since CAFC’s inception in 1976.

How are Vehicles Becoming Lighter?

OEMs and automotive parts suppliers achieve vehicle lightweighting by (1) using new, advanced materials that are both lighter and stronger than traditional steel components, and (2) through new advanced manufacturing methods.

Advanced Lightweight Materials

Common high-strength, lightweight materials used in automotive production include:

Advanced Manufacturing

New automotive manufacturing technologies also contribute to vehicle lightweighting. Some examples include:

  • GM’s Aluminum-on-Steel Spot-Welding: GM became the first manufacturer with aluminum-on-steel welding capabilities by modifying electrical supply and robotics programs, eliminating the need to heavy-duty steel rivets.
  • Ford & GM Aluminum Vehicle Design: Ford’s 2015 and later F-150 half-ton pickup trucks are made largely of aluminum components, as opposed to traditional steel. This vehicle contains 1,080 pounds of aluminum, whereas GM has also introduced extensive replacement of steel components with aluminum in their latest Chevrolet Corvette and Malibu models.
  • Fiat Chrysler Magnesium Moulding: Chrysler’s 2017 Pacifica minivan will use a magnesium rear lift-gate. Magnesium is 75% lighter than steel, 33% lighter than aluminum, and can be shaped in simple molds to reduce manufacturing waste and allow for more complex designs.

How Vehicle Safety is Maintained

A key priority of efforts to lightweight vehicles is to maintain vehicle safety. Advanced materials, such as magnesium, are typically lighter and stronger per-volume than traditional steel, meaning that occupant safety is not compromised.

OEMs must still comply with federal vehicle safety standards and achieve competitive crash test results regardless of the materials being used, ensuring that vehicle safety is maintained as innovation progresses.

Canadian Government Funding to Develop Lightweight Automotive Materials

There are various categories of Government grant programs targeted at manufacturers, and even funds targeted specifically at automotive parts manufacturers, including:

Capital Equipment Grants

  • Southwestern Ontario Development Fund (SWODF): Offers funding for business development and the expansion of SMEs located in southwestern Ontario. Projects should focus on creating jobs, attracting new investments and facilitating new business initiatives. Funding can be used to invest in new capital equipment, provide training, enhance productivity, and develop new infrastructure. Covers up to 15% of eligible expenses, up to a maximum of $1.5 million in non-repayable grant funding.
  • CME SMART Green Fund: Offers grants to accelerate the adoption of innovative technologies that improve a company’s productivity and energy efficiency. Manufacturers who reduce their greenhouse gas (GHG) emissions while simultaneously improving productivity may be eligible for grants to offset capital investment costs. Provides up to 50% of project expenses to a maximum $200,000 in Ontario government grants per facility.
  • FedDev nvesting in Business Growth and Productivity (IBGP): Assists southern Ontario businesses scale-up to increase business capacity to participate in global markets. No-interest repayable loans are available up to a max of $20 million per project. Up to 25% of eligible project costs covered.

Research & Development Grants:

  • Automotive Supplier Innovation Program (ASIP): Covers up to 50% of eligible expenses towards the development of innovative products or processes in the automotive sector up to $10 million.
  • IRAP Mid-Size Projects Research Grants: Offers research grants to Canadian businesses specifically for the internal development and improvement of innovative technologies, products, and processes. The research grants are provided to offset up to 65-80% of eligible labour costs.Canadian Small Business Funding Guide

Recent Automotive Industry News:

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What ‘The Lord of the Rings’ Taught Me about Diversity http://www.mentorworks.ca/blog/business-consulting/workforce-diversity-lord-of-the-rings/ http://www.mentorworks.ca/blog/business-consulting/workforce-diversity-lord-of-the-rings/#respond Thu, 15 Sep 2016 13:09:08 +0000 http://www.mentorworks.ca/?p=25339 Diversity in the Workplace Diversification

The Lord of the Rings is a massive fantasy work of 481,000 words, with dozens of characters, themes, and messages intertwined. The novel is split into 3 volumes, each with 2 parts (6 total). I have always loved this book, and its multitude of themes and characters can be applied to the business world. I […]

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Diversity in the Workplace Diversification

The Lord of the Rings is a massive fantasy work of 481,000 words, with dozens of characters, themes, and messages intertwined. The novel is split into 3 volumes, each with 2 parts (6 total). I have always loved this book, and its multitude of themes and characters can be applied to the business world.

I recently re-read the first two sections of the novel, encapsulated within the volume The Fellowship of the Ring (FOTR). This book struck me as surprisingly business-oriented, as businesses are really just fellowships of skilled adventurers in this fantasy realm known as private enterprise.

The one resounding theme that filled this volume was the role of diverse teams and how it related to the Fellowship’s success. By developing a diverse team that featured several ethnicities, cultures, and personalities, the Fellowship overcame challenges that would have been impossible otherwise.

Ethnic Diversity in the Workplace

A key business lesson which can be gleaned from FOTR is the importance of diversity within the workplace, specifically within work teams working to accomplish a unified set of goals.

The Importance of Ethnic Diversity

The Fellowship of the Ring is a work team made up of 9 of the free peoples of Middle Earth, to counter the 9 Nazgul, servants of the dark lord Sauron. The story of FOTR seems to be focused on competition between these 2 work teams to accomplish diametrically opposed objectives.  Despite the Nazgul’s high level of competence in some key areas such as fighting, endurance, and stealth, the Fellowship enjoys a major competitive advantage over their rivals: ethnic diversity within their work team.

While the Nazgul all share the same ethnic backgrounds (kings of men who became immortal, indentured servants of Sauron over time through the corruption of 9 rings of power), the Fellowship’s working environment is ethnically diverse. The team includes Hobbits, a Numenorian man, a Man of Gondor, an Elf, a Dwarf, and a Maiar.

Having a diverse workplace has shown to be key, according to the HR Council. A HR Council employer survey also found that 73% of respondents identified “enhanced innovation and creativity” as a key benefit of diversity in a workforce.

Forbes Magazine, in their Global Diversity and Inclusion: Fostering Innovation Through a Diverse Workforce report, found that diversity is one of the key drivers of business innovation. Among other key insights, the magazine found that, “[a]mong companies with more than $10 billion in annual revenues, 56% strongly agreed that diversity helps drive innovation.”

“Because of [Intel’s] diverse workforce, we’ve experienced a boost in productivity. When you can move people to contribute to their fullest, it has a tremendous impact.”
– Rosalind Hudnell, VP Worldwide Corporate Affairs, Intel

A diverse workplace ensures that your team has access to a wide array of skills, ideas, strengths, and networks.

What Happens When There is a Lack of Ethnic Diversity

A lack of diversity is perfectly illustrated by the Nazgul, a work team of 9 mortal men who had all undergone the same experiences of becoming a wraith due to their own greed for power. This team is not diverse either ethnically or culturally. Adding Frodo as a tiny-statured ring wraith by stabbing him with the Morgul blade at Weathertop hill, in hindsight, would have been the best thing that could have happened to the Nazgul, as they would at least have access to some new ideas, experiences, and strengths.

The Nazguls’ biggest organizational weakness, then, was that they all have the same weaknesses, and nobody to fill these weaknesses with other strengths. For instance, wraiths have a great aversion to light, particularly fire. The lack of ethnic diversity in their work team stopped them from ending The Lord of the Rings story early-on.

If the Nazgul had decided to add a few living orcs, dwarves or hobbits to their work team, the sight of a single man (Aragorn) waving a torch around would not have been a major threat to achievement of organizational objectives. The 4 Hobbits of the Fellowship would have been captured without much difficulty at Weathertop Hill.

What Happens When There is Ethnic Diversity

The Fellowship, on the other hand, is a model of ethnic diversity. Every ethnicity of the free peoples of Middle Earth are represented in the Fellowship (this was a conscious decision by management, including Elrond and Gandalf), each with their own corresponding strengths, including:

4 Hobbits

  • Difficult to detect
  • Strong personalities (contributes to workplace culture)
  • Resilient through extreme hardship
  • Extraordinary ability to resist the thrall of the One ring of power
  • Incredibly loyal towards team members

2 Men

  • Physical strength
  • Mental cunning and ingenuity

1 Dwarf

  • Comic relief (contributes to a positive workplace culture)
  • Resilience, strength, and hardiness
  • Natural sprinters (very dangerous over short distances)
  • Loyal (perhaps to a fault)

1 Elf

  • Can see for miles
  • Can hear for miles
  • Can walk on powder-snow
  • Immortal
  • Can almost single-handedly defeat virtually any enemy
  • Great hair

1 Maiar/Istari Wizard

  • Natural leadership
  • Wisdom and experience
  • Magic fireballs

The ethnic diversity of the Fellowship’s workforce provided the team with access to all of these diverse strengths, just as diversity in a real-world work environment does.

Cultural Diversity in the Workplace

Now, let’s examine a deeper area of discussion: cultural diversity.

Culture is defined as “The beliefs, customs, arts, etc., of a particular society, group, place, or time.” As opposed to an ethnicity, culture can include various groups which a person chooses to join, but also often includes groups which are intertwined with a person’s family history and heritage.

Toronto-based management recruiting firm Barrett Rose & Lee see cultural diversity as a competitive advantage for employers:

“Diversity in the workplace is important to our future business success because the world as we’ve known it has changed and will continue to do so. Global demographic patterns and trends as well as social and cultural shifts are putting increased pressure on our business practices here in North America.”

Dr. Gillian Martin, in The Effects of Cultural Diversity in the Workplace published in the Journal of Diversity Management, found that a positive impact of cultural diversity in the workplace include “a strong knowledge base created by a variety of cultural experiences, an in-house resource of cultural trainers and informers, and a greater tendency to expand the business in foreign cultures.”

Cultural Diversity in The Lord of the Rings

The Fellowship’s working environment is culturally very diverse:

  • Among the 4 Hobbits, for example, there is at least one sub-culture represented (Mariadoc Brandybuck from Buckland, east of The Shire).
  • The men in the Fellowship come from different cultures entirely (Aragorn, a Numenorian man from Eriador in the north, and Boromir from Gondor in the south).
  • Gimli the Dwarf is from the Kingdom of Erebor, with strong connections to the Dwarves of both the Iron Hills and Blue Mountains.
  • Legolas is an Eldar-Elf from the largely Silvan-Elf land of Greenwood/Mirkwood.
  • Gandalf, complicatedly, is an immortal Maiar spirit from Valinor across the seas, taking the physical form of a man.

How the Fellowship Benefitted from Diversity

Every employee in a workplace brings with them communication skills and social networks which are unique to their cultural background, and valuable to the team. The Fellowship of the Ring’s cultural diversity resulted in a wide range of benefits which helped the Fellowship achieve its objectives:

  • The Hobbits leverage their networks within The Shire (including Farmer Maggot, Fredegar Bolger, etc.) to move across the wilderness undetected and escape the Nazgul.
  • Aragorn’s Numenorian/Dunedain Ranger cultural background provided him with significant influence over men such as Theoden, King of Rohan, while his experience living amongst Elves opened up additional opportunities and alliance throughout the quest.
  • Boromir’s status as a member of Gondor’s ruling family provided members of the Fellowship with protection during the battle of Minas Tirith, and gave them credibility with Denethor, Steward of Gondor.
  • Gimli the Dwarf brings knowledge of Dwarvish history, specifically the passage under the Misty Mountains through the Mines of Moria. While Gandalf may not have valued this contribution (spoilers), Gimli’s cultural networks allowed the team to pass east while avoiding their enemies in Isengard.
  • Legolas the Elf is able to quickly connect with other Elves which the Fellowship meet throughout its quest (i.e. the elves of Rivendell and Lothlorien), easing the group’s journey towards their eventual goal through the support of these elvish communities in the forms of material resources.
  • Gandalf’s status as a Maiar gave the Fellowship instant credibility, and the ability to connect with and influence many groups whom they encountered.

Cultural diversity is important not just because of the advantages of cultural networks and connections, but because of how cultural diversity leads to the development of diverse skillsets.

Employees belonging to different cultures usually have different ways of thinking and can thus analyze a matter at hand from a variety of perspectives. This is hard to achieve when employees belonging to the same culture are asked to analyze the same matter.”
Dr. Gillian Martin

Diversity of Personality in the Workplace

Now, let’s examine a more ubiquitous concept which stretches across all ethnicities and cultures: diversity of personality.

Personality is defined as “The set of emotional qualities, ways of behaving, etc., that makes a person different from other people.”

The American Society of Mechanical Engineers (ASME) is a firm believer that diverse personalities in work teams deliver superior project results. In their study of the importance of diverse personalities in work teams, the ASME found that

“Performance improves when a team pays attention to its members’ individual personalities… Most compelling was the tripling of design prizes awarded by the Lincoln Foundation to one course’s teams over a ten-year period when no factors changed except for personality composition.”

ASME’s research indicates massive advantages to creating work teams with diverse personalities. This effect occurs because team members handling preferred activities are likely to perform better.

“The belief in one’s own capabilities is important for every team member because beliefs influence their course of action, how much effort they put forth, how long they persevere in the face of obstacles and failures, whether their thought patterns are self-hindering, how much stress and depression they experience, and the level of accomplishments they realize.”
– Albert Bandura, Psychologist and Author of Self-Efficacy: The Exercise of Control

How Diverse Personalities Play Out in Lord of the Rings

The Nazgul, being 9 virtually immortal warrior kings of ancient-times, were unable to capture 4 middle-aged Hobbits, each 3 to 4 feet in height, who eat at least 6 meals per-day. This can only be a result of a lack of diverse personalities, diverse ideas, and diverse strengths in the Nazgul’s work group.

If Frodo had become the 10th Nazgul after being stabbed with the Morgul blade on Weathertop hill, I am sure that the other 3 Hobbits would have been captured in short-order due to an infusion of new ideas, strengths, and tactics into the Nazguls’ team.

Personality Diversification Secured the Fellowship’s Success

The Fellowship, on the other hand, was full of diverse personalities, providing them with key competitive advantages:

  • The Hobbits’ warm personalities endeared them and allowed them in turn to influence powerful influencers throughout Middle Earth, including the Steward of Gondor, the King of Rohan, Faramir the Protector of the Land of Ithilien and son of the Steward of Gondor, Elrond the Ruler of Rivendell, and Galadriel the ruler of Lothlorien.
  • Aragorn’s natural leadership and loyalty to the achievement of organizational goals made all members of the team feel safer and well supported.
  • Gimli’s over-achiever personality and fierce work-ethic allowed him to excel despite his physical limitations (for instance, he defeated more Uruk Hai at the battle of Helm’s Deep than even Legolas, an immortal Elf warrior).
  • Legolas is of the all-seeing, all-hearing, immortal, 3,000 year-old, high-achiever type of personality.
  • Gandalf’s commanding presence and excellent delegation skills resulted in a highly-organized work-team.
  • Boromir, unfortunately, created a toxic working environment and had to be let go (a harsh reality of the workforce).

By diversifying the personalities of the Fellowship’s team members, the team was able to specialize in a wide variety of areas. By organizing a work team to have as many diverse personalities as possible, the chances that all areas of a project will have a motivated individual who is confident in their skills and abilities to complete that task is improved. If a team lacks diversity of personality, such as the Nazgul did, too many team members will specialize in similar skills and abilities, affecting the team’s ability to successfully complete some necessary tasks.

Canadian Small Business Funding News

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Could the Canada Media Fund Extend Your Software Project’s Funding? http://www.mentorworks.ca/blog/government-funding/2016-09-canada-media-fund-software-development-eligibility/ http://www.mentorworks.ca/blog/government-funding/2016-09-canada-media-fund-software-development-eligibility/#respond Wed, 14 Sep 2016 13:09:24 +0000 http://www.mentorworks.ca/?p=25323 Am I eligible for Canada Media Fund Experimental Stream

The Canada Media Fund (CMF) Experimental Stream is a critical source of funding for media development, production, and promotion projects in Canada. By providing repayable funding contributions to some of the country’s most innovative media producers, CMF Experimental extends cash flow and enables the completion of media projects that can be consumed across the world. […]

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Am I eligible for Canada Media Fund Experimental Stream

The Canada Media Fund (CMF) Experimental Stream is a critical source of funding for media development, production, and promotion projects in Canada. By providing repayable funding contributions to some of the country’s most innovative media producers, CMF Experimental extends cash flow and enables the completion of media projects that can be consumed across the world.

Canada Media Fund Experimental provides Canadian government funding to media projects and can cover up to 75% of eligible project expenses. There are three streams of funding that have been established for different types of projects. Each funding stream has its own maximum funding contribution, ranging from $300,000 to $1,200,000 in repayable funding.

Companies applying for the Canada Media Fund Experimental Stream must submit funding applications by specific dates throughout the year. These submission dates vary depending on the funding stream being applied for.

The current round of submission dates are September 27, 2016 (Production projects), and October 25, 2016 (Development and Marketing projects).

Are You Eligible to Apply for CMF Experimental Funding?

Businesses eligible for this small business funding program must be either:

  • A Canadian-controlled for-profit company; or
  • A Canadian Radio-television & Telecommunications Commission (CRTC) licensed public or private Canadian broadcaster.

Projects Eligible to Receive Canadian Media Fund (CMF) Experimental Funding

The Canada Media Fund Experimental Stream will extend repayable funding contributions to media Development, Production, and Promotion projects that lead to commercialization. Eligible projects must:

  • Contain digital media content and/or application software that is innovative, interactive, and is connected to the Canadian cultural sector;
  • Be produced in Canada with at least 50-75% of project costs incurred in Canada; and
  • Remain under Canadian ownership.

Examples of Eligible Project Types

Based on CMF funding applications that Mentor Works has developed for clients in the past, we know that the Canadian government funding can be extended to the following innovative project types that move the interactive digital media channel forward:

  • Video games (PC, console, handheld console, mobile or other platforms);
  • Software applications with a connection to the Canadian cultural sector;
  • Web 2.0 or higher applications;
  • Mobile applications; and
  • Projects containing audio-visual content and significant user interactivity.

Canada Media Fund Experimental: Expenses Eligible for Funding

Up to 75% of expenses may be provided repayable funding contributions through the Canada Media Fund Experimental Stream. This includes:

  • Salaries, benefits, wages for employees directly responsible for the project;
  • Contractors;
  • Technology infrastructure (hardware and software);
  • Making content accessible online, including copyright clearance, documentation, design and development, translation costs;
  • Research and preparation of content;
  • Project audit fees;
  • Technical and administration expenses; and
  • Marketing and promotion.

Learn More About Canada Media Fund Experimental Stream Funding

Get Started    Program Overview    Program Update

Canadian Small Business Funding Guide

Recent Canada Media Fund Experimental Stream News:

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Greatness is Learned: Understanding How to Become the World’s #1 http://www.mentorworks.ca/blog/professional-development/becoming-the-best-at-anything/ http://www.mentorworks.ca/blog/professional-development/becoming-the-best-at-anything/#respond Tue, 13 Sep 2016 12:05:32 +0000 http://www.mentorworks.ca/?p=25318 Succeed in Life and Business: How to Become the Best at Anything

One of my favourite pastimes is playing golf. Every chance I get, I take the opportunity to get outside and play a round. Not only do I love playing it, I also enjoy watching and staying up to date with the PGA Tour players. Golf is a mentally and physically demanding game; to become a […]

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Succeed in Life and Business: How to Become the Best at Anything

One of my favourite pastimes is playing golf. Every chance I get, I take the opportunity to get outside and play a round.

Not only do I love playing it, I also enjoy watching and staying up to date with the PGA Tour players. Golf is a mentally and physically demanding game; to become a professional and play among the world’s best takes incredible talent and discipline. There are many lessons that can be learned by watching how professional golfers manage themselves on the course.

Recently, I read an inspirational article about the world’s current #1 ranked golfer, Jason Day. Golf Digest’s story, Jason Day: Turning Inspiration Into Obsession dives into the personal life and motivations of the best golfer in the world and delivers an interesting narrative on his journey to success.

Through the article, I gained a new perspective towards Jason Day, the game of golf, and achieving personal goals. These are themes that I would like to revisit through this blog and dive into to uncover the secrets of becoming the best in the world.

Overcoming Adversity to Learn, Grow, and Succeed

Although Jason Day may be the number one ranked golfer in the world today, this was only achievable through hard work, dedication, practice and perseverance. There were many obstacles to success that he faced and overcame at a young age, including:

Racism, Being Different than his Peers

Day had a rather tough childhood growing up in a small Australian town, where he was the only Asian boy in his class. He was frequently taunted with racial slurs and was made to feel like an outsider, excluded from social activity.

Although being excluded at a young age often prevents youth from reaching their full potential, Day was able to see his worth and keep working towards his dreams. He was able to understand his talents at an early age and work to improve upon them until he had surpassed the skills of his peer group. By working on improving himself, Jason overcame the insults and turned them into motivation to keep improving.

Parenting, Substance Abuse, and Loss

Jason’s father was an abusive alcoholic whom only showed the slightest compassion when he discovered his son had a talent for golf. Jason’s dad enrolled him into local junior tournaments and applied extraordinary pressure by warning him at age 11, “if he played bad golf, he’d beat him up”.

When Jason was 12, his father died of cancer. This moment was a dramatic turning point in Jason’s life and the beginning of his journey to successful golf career. Upon her husband’s death, Jason’s mother mortgaged their home, took out a loan, and used life insurance payments to get Jason into a highly regarded boarding school. His obsessive work ethic reached a new high at school where Jason would wake up before class at 5am to practice and play golf.

Related Blog: 3 Lessons Golf Has Taught me about Business

Remaining The World’s #1 Through Continuous Improvement

Even though Day is the world’s best golfer, he still recognizes the fact that he can improve. Today Jason continues to learn from his coach, Cornell Driessen, who uses technical and mental challenges to help Day’s continued growth and success. Jason also takes advice from the world’s former number one golfer, Tiger Woods.

Every week he puts in the practice to turn weaknesses into strengths, while solidifying the routines that have made him successful so far. I believe that business professionals can reflect on this and, with a little bit of motivation, also implement strategies to improve themselves or their business on a regular basis.

Seeking Professional Development for Your Business

Training courses are just one of the many ways that business professionals can constantly improve. Such courses could involve professional skills development, leadership/management training, or marketing and sales training to name a few.

Fortunately, for those who do not have as deep of pockets as Jason Day, your company could subsidize training expenses through government funded training grants. The Canada-Ontario Job Grant (COJG) is an example of these opportunities and returns up to 66% of third-party training expenses. Businesses can use COJG to drastically reduce the cost of training programs, making the process of training your team much more affordable.

Related Blog: Train Your Sales Team to Understand and Communicate Value

Persistence’s Role in Achieving Success

Jason lives by the words “never say die”, a concept that his father taught him as a child. He learned to keep pushing and pushing, and fight until the end. Never giving up is one of Jason’s best traits and is undoubtedly one that has contributed to his success the most.

Before Day’s first Masters tournament in 2011, in which he tied for second, he was giving serious thought to quitting the tour. From 2008 through 2013, Day won only once. Two years later, he became the highest ranked golfer in the world and remains in that spot today.

Many business owners and executives can relate to the importance of persistence. It’s comforting to know that even the world’s best professionals go through slumps, but more importantly, they never gave up. It’s the ability to work hard through those tough times that will lead to greater results in the future.

Planning and Executing Your Strategic Business Goals

All successful business strategies start with a plan. To become the best in your market or industry, developing a strategic plan that maps your current position and goals for growth will help to accelerate this growth.

Like a strategic development plan, businesses should also consider developing a Proactive Funding Plan. A Proactive Funding Plan will help to feed your growth by ensuring that your company has the cash flow necessary to make strategic investments. If you’re interested in learning how a Proactive Funding Plan can help your business achieve its growth targets, please contact a Canadian Government Funding Planner.

Canadian Small Business Funding News

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Will CME Green Grants Fund Your Next Emissions Reduction Project? http://www.mentorworks.ca/blog/government-funding/2016-09-cme-green-grants-cleantech-eligibility/ http://www.mentorworks.ca/blog/government-funding/2016-09-cme-green-grants-cleantech-eligibility/#respond Mon, 12 Sep 2016 15:18:22 +0000 http://www.mentorworks.ca/?p=25307 CME Green Grants for Clean Technology Purchases

In recent years, Canadian manufacturing businesses have received increased pressures from society, customers, and government regulations to reduce their greenhouse gas (GHG) emissions and become more sustainable. Doing so can have drastic and immediate benefits on each business’ operational processes, costing, productivity, and the environment. However, manufacturers often struggle for a feasible return on investment […]

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CME Green Grants for Clean Technology Purchases

In recent years, Canadian manufacturing businesses have received increased pressures from society, customers, and government regulations to reduce their greenhouse gas (GHG) emissions and become more sustainable. Doing so can have drastic and immediate benefits on each business’ operational processes, costing, productivity, and the environment.

However, manufacturers often struggle for a feasible return on investment related to greenhouse gas reduction projects. As programs like Ontario’s Cap and Trade Program tax greenhouse gas emitters and reward GHG reductions, Ontario manufacturers are looking for other resources to reduce the price of entry into a more sustainable business model.

Fortunately, the Canadian Manufacturers & Exporters (CME) association, in partnership with the Province of Ontario, has created the CME Green SMART fund to provide up to 50% in Ontario government grants to approximately 110 Ontario-based manufacturers assessing and implementing GHG reduction projects.

Businesses Eligible for the CME SMART Green Fund

CME has ensured that the CME Green SMART program is flexible in its eligibility to ensure that most Ontario manufacturers interested in investing in GHG reductions can do so at a lower cost burden. In order to be eligible to apply, Ontario manufacturers must ensure that they are:

  • Physically manufacturing in Ontario with a minimum of 10 employees (priority will be given to “small and medium-sized enterprises and industry”);
  • Not participating in the Ontario Cap and Trade Program;
  • Emitting less than 25,000 tonnes of GHG annually; and
  • Applying for 1-5 facilities, where up to 50% of eligible expenses are covered up to $200,000 per facility or $500,000 per application;

Note: Trade exposed industries, including large and energy-intensive sectors are excluded from this Ontario government funding initiative.

Projects Eligible for CME Green Fund Grants

In order for a project to be eligible for CME SMART Green funding, applicants must ensure that a technical assessment form is completed that includes a baseline of current (pre-project) GHG emissions and that the project will directly reduce GHG emissions on a “per-production-unit” basis.

CME will offer guidance on approved technical vendors on their CME SMART Green website to ensure that the assessment meets CME’s standards. Successful projects must prove that their investment will improve productivity and create a cleaner manufacturing process.

As with CME’s other program, the CME SMART Advanced Technologies for Global Growth initiative, both assessment and implementation projects will be considered for funding.

  • Assessment projects will focus on recruiting a third party GHG reduction expert to uncover emission reduction opportunities within manufacturing facilities.
  • Implementation projects focus more on the equipment and process integration costs.

Applicants can apply for funding for both the assessment and implementation of their GHG reduction project with an as of up to 50% of eligible costs to a maximum of $200,000 per facility up to five facilities or $500,000, whichever is less.

Eligible Project Examples:

  • Boiler Right Sizing and Load Management
  • Advanced Boiler Controls
  • High Efficiency Burners
  • Feedwater Economizers
  • Boiler Combustion Air Preheat
  • Blowdown Heat Recovery
  • Automated Blowdown Control
  • Condensate Return
  • Steam Trap Survey and Repair
  • Minimize Deaerator Vent Losses
  • Steam System Insulation
  • Boiler Tune Up
  • Reduced Furnace Openings (Air & Chain Curtains)
  • Exhaust Gas Heat Recovery
  • Oven/Kiln/Dryer/Furnace Insulation
  • Lighting Retrofit
  • Advanced Heating and Process Controls
  • Optimize Combustion Air Compressor Heat Recovery
  • Ventilation Optimization
  • Ventilation Heat Recovery
  • Automated Temperature Control
  • Destratification Fans

  • Warehouse Loading Dock Seals
  • Minimize Door Openings
  • Process Integration and PINCH Analysis
  • Energy Management
  • Solar Walls
  • Reduce Boiler Steam Pressure
  • Condensing Boiler
  • Radiant Heaters
  • Condensing Economizers
  • Direct Contact Water Heaters
  • Burn Digester Gas in Boilers
  • High-efficiency Ovens & Dryers
  • High-efficiency Furnaces
  • Regenerative Thermal Oxidizers
  • Process Heat Recovery
  • Process Improvements (i.e. changing cleaning chemicals, set points, exhaust, moisture control, etc.)
  • Steam Leak Repairs
  • Improved Building Envelope
  • High Efficiency Heating Units
  • Gas Turbine Optimization
  • Steam Turbine Optimization

(Source: CME)

When to Apply for CME Green SMART Funding

CME’s Ontario business grants will be available to manufacturers in mid-to-late October. Applicants can apply as soon as the application is publicly available. Please note that applications will be scored heavily based on GHG reduction per-production-unit and a 12-month post-implementation verification will be required from approved projects that demonstrates the proposed GHG reduction.

Don’t Miss a Beat: Receive CME Green Updates

Ontario manufacturers interested in learning more about this program are strongly encouraged to subscribe to the Weekly Funding Newsletter, as we will be covering this program closely. If you have a specific project or question in mind, please reach out to a Government Funding Planner directly.

Canadian Small Business Funding News

Recent Green Technology Development and Adoption News:

The post Will CME Green Grants Fund Your Next Emissions Reduction Project? appeared first on Mentor Works Ltd..

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