10 Ways to Maximize Employee Retention

10 Ways to Maximize Employee Retention

You may have heard that it costs 6 months of an employee’s salary every time you have to replace them. While this financial metric is sure to make financial executives sweat, it’s important to consider the impact of employee turnover on all facets of the business. For example, the average recruitment period is 68 days….

Automotive Supplier Innovation Program (ASIP) Canadian Research Grants

Automotive Supplier Innovation Program (ASIP) Canadian Research Grants

The Automotive Supplier Innovation Program (ASIP) was created as part of the Economic Action Plan 2015. This Canadian government funding program will provide up to $100 million over five years (2015-2020) to encourage automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. This program was…

Qualify for Automotive Innovation Fund: Fuel-Efficiency Tech Research

Qualify for Automotive Innovation Fund: Fuel-Efficiency Tech Research

Since its inception in 2008, the Canadian government funding program Automotive Innovation Fund (AIF) has awarded over $468 million in support. This funding fuels automotive R&D projects aimed at improving fuel-efficiency and lowering the environmental impact of automobiles. Canadian businesses awarded with funding include Toyota, Ford, Linamar, and Magna International. The program was renewed in 2016…

Top 5 Canadian Government Funding Resources of 2015

Top 5 Canadian Government Funding Resources of 2015

We have been busy this year, striving to educate Canadian businesses on funding available to them. Over the last 12 months, Mentor Works has completely overhauled our website, continued to provide daily Canadian small business funding news, and built our library of Free Funding Resources. We have further improvements in the pipeline for 2016, but…

Export Manager Program: Hiring Grants for Business Development Hires

Export Manager Program: Hiring Grants for Business Development Hires

Please Note: The Export Manager Program is now closed and not accepting further applications. For trade show grants and other forms of export support, please visit our page on Business and Export Expansion Funding Programs. Trade barriers exist in nearly all industries, though with the advancement of e-commerce, free trade agreements, and government export support…

NSERC Engage Research Grants for Small Business Academic Partnerships

NSERC Engage Research Grants for Small Business Academic Partnerships

Canada is known for many things, one of which is the quality of our education. Canada’s post-secondary institutions continue to prove themselves as global contenders. In fact, McGill University, the University of Toronto, and the University of British Columbia all ranked among QS World University Rankings 2015/2016’s top 50 universities in the world. With such…