Canadian Small Business Financing Act

The Canada Small Business Financing Program seeks to increase the availability of loans for establishing, expanding, modernizing and improving small businesses. Under the program, a small business must apply for a loan at a financial institution (bank or credit union) of its choice. If the loan is granted by the financial institution, the federal government…

Government Funding for Hiring Graduates

New funding mechanism to support small business, with a maximum contribution of $30,000, for the financial support of hiring a graduate. The funding must be applied to hire a recent graduate in their area expertise for business development, marketing plans or technical development for a period of six months or greater. Through Human Resources and…

Export Market Access – FAQs on Eligible Projects

Export Market Access – FAQs on Eligible Projects

Please Note: Export Market Access is now closed and not accepting further applications. For trade show grants and other forms of export support, learn more about the CanExport program. Through FEDDEV Ontario, SMEs are able to improve their position in accessing new markets to China and Hong Kong, India and the US marketplace. The EMA program will…

Export Market Access Program

Export Market Access Program

Please Note: Export Market Access is now closed and not accepting further applications. For trade show grants and other forms of export support, learn more about the CanExport program. Through FedDev Ontario, small and medium sized enterprises will be able to improve their position in global markets with focus on two trade missions – one to China…

Funding Mechanism from Government

There is a new contribution mechanism, for industrial businesses incorporated in Canada, with eligibility criteria on the ability of SME’s to grow and generate profits through the development and commercialization of innovative or technology-driven, new or improved products, services or processes. Here is a small list of projects that are eligible to a maximum contribution…

Community Adjustment Fund – Last Call for Submissions

The second Intake of CAF provides support to SME’s in Southern Ontario through a federal loan mechanism, at zero percent for 10 years. Community Adjustment Fund will prioritize manufacturing communities that depend on a single industry and has a population of less than $250,000, and supports economic recovery and job creation. The focus is on…

Going Global – Funding for Doing Business Abroad

Dedicated to innovation, science and technology-based companies, Global Commerce Support Program provides support for accessing funding sources from Foreign Affairs and International Trade Canada (DFAIT). The objective is to promote and enhance Canada’s international innovation efforts by pursuing collaborative opportunities through the development of partnerships in other countries and economies with the key players. Going…

More Federal Grant Money

IRAP and Youth Employment Program Through Canada’s Economic Action Plan, the federal government is providing additional funding to the National Research Council’s Industrial Research Assistance Program (NRC-IRAP) to enable it to temporarily expand its initiatives for small and medium-sized enterprises. NRC-IRAP will receive total additional funding of $200 million over two years, starting in 2009-2010….

Rural Development Fund – Community Futures

As part of the Government of Canada’s Economic Action Plan to mitigate the impacts of the economic downturn, FedDev Ontario has commissioned the Wellington Waterloo Community Futures Development Corporation (WWCFDC) to receive applications for the Community Futures Rural Development Fund. This is a two-year stimulus program providing $450,000 for the region in its initial year…

New Tax Rates for Canadian Small Business to Boost Technology Adoption

To help boost Canada’s productivity through the faster adoption of newer technology, the new temporary 100-percent CCA rate will allow businesses to fully deduct the cost of eligible computers in just one year because the half-year rule will not apply. This includes for use in a business, new general-purpose electronic data processing equipment and systems…