The Royal Bank of Canada (RBC) has released its monthly update on growth forecasts for the nation and its provinces. Stronger US Economy Estimated to Bump Canada’s GDP up Nearly 1% Overall, the RBC projects Canada’s national economy to expand at the faster rate of 2.6% stated RBC’s senior economist, Robert Hogue. This compares to…
Are you considering starting a new business in Northern Ontario? Depending on what your business is, you may be eligible to receive up to $200,000 in startup funding through Northern Ontario Heritage Fund Corporation (NOHFC). NOHFC Grants for Businesses in Northern Ontario –Company Eligibility The Small Business Start-Up Projects is a new funding program from…
The Investing in Business Innovation (IBI) loans program is administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The program is aimed at providing mentorship and entrepreneurial support to help new businesses grow and succeed, supporting the success of new businesses, and strengthening of angel networks while increasing availability of investment capital….
The Northern Ontario Heritage Fund Corporation (NOHFC) has recently launched a new funding program to support hiring recent graduates in Northern Ontario. This hiring grant program is called the Northern Ontario Internship program and offers companies up to $31,500 in funding to support the hiring of a recent graduate. What type of funding is available…
The Federal Agency of Economic Development for Southern Ontario (FedDev) operates the Investing in Business Innovation (IBI) as a part of the $530 million Southern Ontario Prosperity Initiatives (SOPIs). IBI provides mentorship and entrepreneurial support to help new businesses grow and succeed. IBI small business loans support the success of new businesses in developing globally-competitive…
Investing in Business Growth & Productivity is offered through The Federal Economic Development Agency for Southern Ontario (FedDev) as a part of their suite of Ontario business grants and loans called Southern Ontario Prosperity Initiatives (SOPIs). This collection of funding programs has been allotted a total of $530 million and applications are now being accepted…
As a part of The Federal Government’s Action Plan the Advanced Manufacturing Fund will distribute up to $200 million in funding to small businesses through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). Advanced Manufacturing Fund to Promote Innovation & Boost Competitiveness The Advanced Manufacturing Fund will support Ontario businesses that invest in…
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) is providing up to $200 million in funding over five years through The Advanced Manufacturing Fund. This Ontario business grants and loans program is aimed at helping southern Ontario organizations that look toward technological innovations, while encouraging projects that provide benefits to manufacturing clusters and…
The up to $10 million per year Local Food Fund is a program offered through the Ontario Ministry of Agriculture and Food that funds up to 50% of eligible project expenses. The business grants Ontario funding can also be stacked with other funding to fund up to 75%, while some exceptions (for hardship) may permit recipients…
At Mentor Works Ltd., we are dedicated to being experts in all Canadian government grants, loans, and other funding resources. Our passionate team of funding experts helps support businesses across the nation. Mentor Works Ltd. provides end-to-end solutions to businesses that are interested in benefiting from Canadian government grants and loans, providing guidance along each…