Mentor Works has put together a list of Canadian government funding programs related to COVID-19, as well as other ongoing loan/grant programs for business cash flow.
The Canadian government released a $27 Billion economic support response plan against COVID-19. Mentor Works breaks down what this means for your business.
As the world continues to respond and follow the Coronavirus (COVID-19) outbreak, one of the most common questions we’re receiving is, “What is the government providing to support Canadian businesses affected by COVID-19?”
The Canadian government’s responsive actions evolve each day, and Mentor Works is watching closely for business funding stimulus
Key points from Canadian Global Affairs Institute’s report on Trudeau’s policies. What Canadians have seen and may see in the government funding landscape.
To overcome growth challenges, businesses should use a combination of equity, bank financing, and government funding. Each source of investment capital supports aggressive but sustainable growth plans and enables companies to act on emerging market opportunities.
Fortunately, businesses can learn more about Canadian and Ontario government funding to support business growth
While there is greater gender equality in the workforce than ever before, there is still a gender divide amongst top leaders and entrepreneurs. Less than 16% of Canadian small and medium-sized businesses are women-owned, yet the full and equal involvement of women in the economy is essential to Canada’s competitiveness.
Small business owners frequently face challenges when scaling their operations. With limited cash flow, most seek financial support for growth projects through banks. However, business owners are often rejected for loans and other financial products because they’re deemed a high-risk borrower. As a result, their business stays small and unable
Five Ontario businesses in the food and beverage processing sector have recently been awarded over $250k through the Growing Forward 2 (GF2) program. This funding will allow the companies to update and install new equipment, increase innovation and efficiency, and potentially expand into new markets.
Up to $254,093 in Ontario government
The Canadian Federal Budget 2018 was released last week to much interest from business leaders and industry analysts. This year, innovation was again a top priority of the federal government, highlighted by the increase in funding support for several research and development funds. Unlike the previous two Liberal budgets, however,
The Trillium Network for Advanced Manufacturing (also referred to as the Trillium Manufacturing Network) is a non-profit organization dedicated to supporting Ontario’s manufacturing industry. Funded through the Canadian federal and provincial governments, the Trillium Manufacturing Network is uniquely focused on helping Ontario manufacturers grow through mentorship and collaborative research opportunities.