This Canadian government funding for small business tax credit is a refundable tax credit available to employers who hire and train apprentices in certain skilled trades. The business tax credit is administered by the Canada Revenue Agency (CRA) through the federal tax system on behalf of the province of Ontario. Amount of Tax Credit…
Health Technology Exchange (HTX) is a Canadian government funding program helps support emerging and established Ontario corporations to develop, produce and commercialize Medical and Assistive Technologies (MATs). MATs include medical devices, diagnostic and medical imaging, healthcare IT and wireless health, and assistive devices and home healthcare. Who is eligible for these small business grants? Recipients of…
The Science and Technology Internship Program (STIP) offers recent graduates from science and engineering programs the opportunity to gain relevant work experience while benefiting employers through this government grants for small business hiring program. Companies eligible for this small business grant: Any non-government organization including small and medium-sized businesses can apply for one of these…
On February 15th Ontario’s new premier, Kathleen Wynne of the Liberal Party of Ontario met with members of Ontario’s Jobs and Prosperity Council, business leaders and young entrepreneurs for her first round-table discussion. During the discussion the premier pointed to the net increase of 320,000 new jobs in Ontario since the recession of 2009, and…
Coral CEA is a not-for-profit Open Innovation Network composed of member companies and organizations focused on advancing platform solutions. To date Coral CEA has provided small business grants to over 40 start-up companies including over $1.2 million in grants to complement $3.6 million of in‐kind investment. With the help of other Canadian government grants and angel investors…
The Canada Revenue Agency (CRA) announced last week that it has extended this incentive program for SME employers. In addition to several small business grants programs, the Government of Canada has also decided to extend the Hiring Credit for Small Business (HCSB) for 2012. The 2011 federal budget created the HCSB to create jobs, grow the economy…
On Friday February 8th the Minister of State (Science and Technology) was in Montreal visiting McGill University where he announced the government’s support for 83 scientific teams at universities across Canada through research and development funding. The Natural Sciences and Engineering Council (NSERC) is a federal agency that supports Canadian discoverers and innovators for…
The aim of the Investing in Business Innovation (IBI) is for stimulating and leveraging private sector investments to serve the development and late-stage commercialization challenges of start-up businesses. This government funding for business will provide support of up to $1M in repayable loan funding at 0% interest, covering approximately 33.3% of expenses related to commercializing new products, practices…
The Pre-Competitive Advanced Research Network is an industry-led, Ottawa-based consortium of 39 companies. These companies work together to develop receptor capacity for advanced basic research in robotics and artificial intelligence. The fundamental science is drawn from the Institute for Research Intelligent Systems (IRIS). Details of PRECARN Research and Development Funding for Small Business PRECARN…
The Market Development stream grant funding for business is focused on building and promoting Canada domestic and export markets, to perform promotional activities to differentiate Canadian products, and ensure that the industry is prepared to meet market requirements. Government Funding Financial Contribution: This funding for small business will involve non-repayable contributions to small and medium-sized…