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….

Low Interest Agri-Business Financing Up to $250K

The Community Futures Development Corporations (CFDC) is a non-profit group that supports innovative entrepreneurs and small businesses by providing low interest loans for their expansion projects. CFDC receives Canadian Government grants from FedDev to support to SMEs in rural Ontario. They focus their funds to specific rural areas by creating programs to improve and diversify…

Agri-Innovation Program – No Interest Business Loan Up to $10M for Commercialization

Agri-Innovation Program – No Interest Business Loan Up to $10M for Commercialization

Agriculture and Agri-Food Canada (AAFC) is accepting applications for their Agricultural Innovation Program (AIP). The program is offered through two streams depending on the project’s stage of development; (1) Industry-Led Research and Development and (2) the Commercialization Stream. Businesses may submit more than one proposal as long as projects are not related to one another….

Conestoga College Graduate Enterprise Internship – $10K Wage Subsidy

Conestoga College Graduate Enterprise Internship – $10K Wage Subsidy

Conestoga College has recently joined the list of post-secondary institutions that offer the Graduate Enterprise Internship Program (GEI), also known as the iSTEM Program. The program is one of several Hiring Grants for Small Business in Ontario. The GEI/iSTEM program contributes 50% of a graduate’s wages, up to $10,000 per hired candidate, for 6-month internship…