Understanding your core processes is critical to managing the growth and development of your company. As you grow, you need to be able to understand how your company can take on additional sales (what’s your capacity, do you manage all aspects of production internally, how does the company interact with
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Managing a new project for your business can be headache-inducing. Whether the project involves installing new equipment, hiring several co-op students, completing research and development for a new process or product, or attending international tradeshows, you need multiple resources—time, people, money—to come together for you to reach your end goals.
Often
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Three companies in the Greater Toronto Area have in total received $5.6M in research and development funding from the National Research Council’s Industrial Research Assistance Program (NRC IRAP). The research and development projects of the three firms are some of the first to benefit from the federal government’s Budget 2018
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Next Generation Manufacturing Canada (NGen) is an industry-led, non-profit organization dedicated to building next generation manufacturing capabilities. It is one of five “superclusters” created from Canada’s Innovation Superclusters Initiative and maintains a pool of funding to award to competitive member-based projects. This pool of funding created the NGen Manufacturing Program,
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The Canadian Agricultural Partnership (CAP) is a federal-provincial-territorial initiative that provides funding from all levels of government to support a growing, investment-driven agriculture and agri-food sector. It provides some funding supports on a national level, while other supports are provided on a province-by-province basis.
Ontario’s suite of grants and incentives, CAP
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Canada’s Social Sciences and Humanities Research Council (SSHRC) has granted $300K in funding to pioneering research projects, through the Council’s Impact Awards. The Awards are given out annually to recognize Canada’s outstanding scholars in the social sciences and humanities for work that impacts businesses, communities, and governments.
The Impact Awards—which include
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Toronto company Datametrex AI Ltd. has been awarded $945K from the federal government’s Department of National Defence (DND) to continue the company’s development of its social media discovery and monitoring platform.
Funding comes from the DND’s Innovation for Defence Excellence and Security (IDEaS), a federal procurement program that supports the development
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The City of Toronto has received $5M from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) to create an Indigenous Centre for Innovation and Entrepreneurship (ICIE).
The ICIE will be the first business incubator of its kind in southern Ontario and will provide space and support in Toronto for
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Small business events provide opportunities for business professionals to grow, network, and stay competitive. Not only are they exceptional learning forums where one can hear industry leaders speak, but they also enable attendees to network with peers, connect to customers, learn about competitors, and spark innovation.
This December, consider attending a
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There is an abundance of research that suggests that helping employees set specific, difficult goals leads to higher performance. In an article in American Psychologist, Edwin Lock and Gary Latham indicate through their investigations on goal setting and motivation that when managers and employers help employees develop clear, challenging goals,
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