Grants for Hiring Students – Small Business Internship Program (SBIP)

Please Note: The Small Business Internship Program is no longer available. To explore current internship grants and wage subsidies, please tell us more about your upcoming hiring needs. Industry Canada has just released their funding applications for the Small Business Internship Program (SBIP). The program provides Canadian Government funding support for small and medium-sized enterprises…

Canadian Tax Credits for Hiring New Employees

The new Federal Government budget has incorporated a number of shifts in funding for small business, with a particular focus on research and development, industry-academic collaboration, and hiring incentives. These hiring incentives include small business tax incentives for Canadian SMEs to hire new employees without experiencing an increase to their EI costs. The program is…

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New Budget Increases Ontario Government Funding R&D

As of late, there has been a lot of discussion regarding the changes to the Ontario’s budget for research and development funding. The Honourable Gary Goodyear announced an increase to National Research Council Canada’s Industrial Research Assistance Program (NRC-IRAP) in his 2012 budget hearing last Friday. The new budget allocates approximately $110M for 2012/2013 of…

Graduate Enterprise Internship Program for Hiring Graduates

Graduate Enterprise Internship Program for Hiring Graduates

FedDev is currently promoting their business funding grants for hiring new Science, Technology, Engineering, or Math (STEM) graduates. The program is called Graduate Enterprise Internship (GEI); however, some organizations more commonly refer to it as the iSTEM Program. The program provides funding for small business to provide wages and mentorship opportunities for young graduates in…

Applied Research and Commercialization (ARC) Funding Released

The Canadian Government sector, FedDev Ontario, has announced a top-up of funding to a pre-existing Ontario business grant called the Applied Research and Commercialization Initiative (ARC). The initiative is a Small Business Funding Program for Research and Development projects involving post-secondary collaboration. The program provides funding to accelerate research and development and enhance innovation and…

Ontario Business Grants for Capital Equipment and Outside Consulting

Canadian business grants for productivity enhancements and outside consulting are becoming increasingly popular with Ontario SMEs. These types of small business funding grants are especially useful for those in need of capital equipment or market expansion funding. There are several opportunities to receive Grant Funding for Small Business Expansion; however, these Canadian business grants are…

Proposed Changes to Research and Development Funding

A common barrier to innovation and productivity within Canada is the inability to access Government Funding for Research and Development. Recently an expert review panel has released a list of recommendations to simplify the research and development funding process for Canadian SMEs. These recommendations look to streamline the application process without significantly altering the actual…

Small Business Grants- Southwestern Ontario Business Development Fund

Small Business Grants- Southwestern Ontario Business Development Fund

Last November, the McGuinty Government proposed the introduction of several new grants for small business in Ontario to promote job creation and economic prosperity. So far, they have released several small business funding grants including the Eastern Ontario Development Fund (EODF) and Ontario-China Research Innovation Fund (OCRIF). With the relative success of these programs, the…

$30K in Grant Funding for Small Business – VentureStart Program

$30K in Grant Funding for Small Business – VentureStart Program

The Research Innovation Commercialization (RIC) Centres have recently released a new campaign of grants for small business in Ontario. The VentureStart Program looks to support Canadian entrepreneurs with innovative products or ideas for start-up businesses. VentureStart offers up to $30K in Canadian Government grants or 50% of start-up expenditures by means of a cost-sharing program….