The first phase of the Investing in Business Innovation Canadian business grants and loans program is positioned to make a big impact on small businesses in southern Ontario, including most recently healthcare solutions businesses in London and Toronto. London Ontario Cancer Treatment Receives Backing from FedDev Ontario and Venture Capital Trillium Therapeutics Incorporated was the…
Controversy over the Canada Job Grant has faded over the past 6 months as one by one, the nation’s provinces have signed onto the agreement, recently Nova Scotia (July 3rd) and Newfoundland & Labrador (July 7th) were the last of the provinces to agree to carry out the $200 million training program. Canada Job Grant…
Editor’s Note: Since this article’s posting, TECTERRA funding programs have been re-launched to provide enhanced support. For details of these new funding streams, visit Mentor Works’ TECTERRA program page. TECTERRA is a not-for-profit organization that receives government funding to distribute in support of geomatics companies in Canada that need financial support to commercialize their new and…
The Growing Forward 2 program is a 5 year (2013-2018) Ontario government funding program from Agriculture and Agri-Food Canada (AAFC) to help producers, processors, and organizations become more efficient by taking advantage of innovative opportunities and improving competitiveness. This article focuses specifically on the Capacity Building Stream of the Producers funding grant module. What is…
Growing Forward 2 Ontario (GF2) is a five-year combined federal/provincial program that offers funding to support the major players of the agricultural and agri-food sector. The Ontario provincial funding variant of the programs supports producers, processors and collaborations become more efficient and more effective. There are two streams of Ontario grant funding available for each…
Sustainable Development Technology Canada (SDTC) is a Canadian not-for-profit organization that supports and administers funding for the development of innovative projects that protect the environment or are more environmentally friendly than currently available technology. The NextGen BioFuels fund focuses on the development of new and innovative large demonstration-scale facilities for the production of next-generation renewable fuels. SDTC Canadian…
The Career Focus funding program for the apparel sector is issued by a national not-for-profit organization representing and serving the HR development and adjustment needs of management and employees of the apparel industry. The program is supported by Employment and Social Development Canada (ESDC) as a part of the Federal Government of Canada’s Youth Employment…
The upcoming release of the Ontario Liberal’s proposed budget renews interest in overwhelming evidence that Canada’s leading provincial economy needs to contribute more to raise Canada’s standing as a cradle of innovation. According to the Conference Board of Canada research and development spending by businesses (BERD) in Canada has been out-paced by nearly every OECD…
The Ontario Centres of Excellence is running the R&D Project Hiring Grants program on behalf of the Ontario provincial government and a $10-million investment through their Youth Jobs Strategy. The program aims to help connect recent graduates with valuable on-the-job experience while building the research and development capacity of Ontario companies. Two Components of the…
In order to stay competitive in the modern business economy, companies must invest in R&D activities and adopt new technologies. Most companies incorporated in Canada have the opportunity to receive financing for these activities via the Business Development Bank of Canada (BDC)’s Working Capital Loan. This long-term financing option complements businesses’ existing line of credit…