Industrial R&D Fellowships Program Offers Wage Subsidy for PhD Hires

NSERC provides companies in the private sector with funding support for hiring new doctoral graduates. This wage subsidy can help science and technology companies tap into the high talent pool of Ph.D. graduates and facilitate the transfer of this expertise into the company’s operations. It also allows the graduate to receive valuable research and development…

Agriculture Initiatives – Regional & National Funding

Canadian Agricultural Adaptation Program The five-year $163 million CAAP program has the objective  to support new and emerging issues to seize opportunities in the agriculture, agri-food and agri-based products sector’s. The  government purpose is to advantage of circumstances to develop new products, ideas, technology, niche or market opportunity to the benefit the Ag sector. Although…

Want $500,000 to Commercialize Your Energy Innovation?

The Ontario Power Authority (OPA) can help. Their Technology Development Fund was created to promote the development and commercialization of new energy technology. Energy companies in the pre-commercialization stage of an innovative energy conservation or generation project can tap into the Technology Development Fund, which has given over $7.7 million towards 40 projects since its…

GreenCentre Canada is Fuelling Companies’ Green Innovation

Companies that are planning chemistry-driven green projects and want $50,000-$150,000 in non-repayable funding support, read on. The GreenCentre Canada has received $1.5 million from the Ontario Ministry of Research and Innovation to encourage small- and medium-sized chemical companies to conduct research and development projects related to green innovation. The program was introduced to address a…

How to Receive $2000 for Signing a New Trades Employee

Are you a growing company that employs high-skilled trades? The Ontario Government is issuing a $2000 Employer Signing Bonus for the hiring of new employees in high-skilled trades. The grant was created to encourage the registration of new apprentices and promote training of trade workers in the industry. Requirements The employer must be a registered…

MITACS Accelerate – Collaborate with Universities for Innovation

Research and development efforts are a resource-intensive activity. A common hurdle faced by Ontario small businesses is the lack of capital needed to carry out research and development efforts. The MITACS Accelerate program aims to solve this by creating partnerships between Ontario businesses and universities. By combining resources through partnerships, both parties can realize a…

Ontario Food Producers Assisted By $12-million Ontario Market Investment Fund

Local food producers in Ontario are receiving backup by the Ontario Government. A funding initiative called The Ontario Market Investment Fund (OMIF) seeks to promote consumer awareness of local food, encouraging consumers to buy locally. Who is eligible? The funding initiative covers companies along the Ontario food supply chain, as well as organizations that focus…

7 Funding Mechanisms to Assist Energy Projects

Please Note: Many of the programs listed in this article have closed since the blog’s original posting. To explore Canadian government funding programs currently available, please browse our small business funding directory. Operations managers of energy companies are constantly looking for ways to reduce costs and maximize operational efficiencies within their companies. The following seven…

Regional Funding Resources – Top 5 Smart Development Programs

Are you looking for help financing your business, but having difficulty covering the expenses through conventional financing channels? There are several regional funding resources at your disposal to aid your business. These development programs aim to help businesses and create jobs to help the local economy. We, here at Mentor Works, have outlined a few…

Tax Credits – Taking Advantage of Government Initiatives

Do you need help financing new business initiatives? Governmental tax credits can help your company grow, while keeping your debt-to-equity ratio under control. Mentor Works has compiled a few great tax credit programs that can help your business thrive: Apprenticeship Employer Signing Bonus This is a great tax credit to help you expand your human…