SDTC Cleantech Receives $53M for Funding New Projects

We have highlighted the SDTC Cleantech Fund in the past, an R&D funding program that covers one third of expenses related to the development of new clean technologies and energy conservation innovations. It has been announced that Sustainable Development Technology Canada Cleantech has been awarded $53M in funding allocation to support new projects. Applying for…

The Health Technology Exchange

HTX supports new and established Ontario-based companies so they can develop, produce and commercialize enhanced Medical and Assistive Technologies (MATs). Market area’s of particular interest include: medical devices, diagnostic & medical imaging, healthcare IT and wireless health (smart devices) and lastly, assistive devices & home healthcare. The Health Technology Exchange funds projects that promote partnerships…

SR&ED Software – Presicion SR&ED

Many of our clients participate in SR&ED as as source of funding, however it is notorious for its complicated, demanding application process. Meet Precision SR&ED, a dedicated SR&ED software suite that provides Canadian business owners with the extensive project management and data collection features that are essential when tracking your business activity for SR&ED. Key…

Export Manager Program Updated to Support More Companies

Please Note: The Export Manager Program is now closed and not accepting further applications. For trade show grants and other forms of export support, please visit our page on Business and Export Expansion Funding Programs. The Export Manager Program is a two-streamed government fund operated by the Ministry of Economic Development & Trade. The Fund…

Community Access Program (CAP) – Youth Initiatives (YI)

Coordinated by Industry Canada’s Community Access Program and funded through the Youth Employment Strategy of Canada, the Community Access Program’s Youth Initiatives aims to employ and provide opportunities for young Canadians between the ages of 15 and 30, mostly students, recent graduates, or the under-employed or unemployed. The purpose of the program is to encourage…

Export Guarantee Program – Export Development Canada

In addition to the previously highlighted Buyer Financing Program by Export Development Canada, The Export Guarantee Program can help Canadian exporters by providing additional financial support for export-related activities and/or foreign investments. The available support can vary from: Up to 100% for loans where Canadian companies are making direct investments abroad Up to 90% for…

Economic Action Plan Receives $28B in Funding Allocation

The Canadian Government has deemed the Economic Action Plan a successful initiative. After the first year, they have devoted $32 billion in stimulus spending and are now allocating an additional $28 billion towards stimulus spending. What does this mean for small businesses in Canada? It means you will have access to a considerable amount of…

NSERC – Idea to Innovation (I2I) Program

The purpose of the NSERC’s Idea to Innovation Program is to encourage the pre-competitive development of promising technology from universities and colleges and advance it’s transfer to Canadian companies. This is a grant program involving different phases. Up to $125,000 of funding is provided for phase IIa and up to $350,000 for phase IIb. This…

Buyer Financing – Export Development Canada

The Buyer Financing program is organized by Export Development Canada. EDC provides financing directly to a foreign buyer of Canadian goods and services and in these situations takes the risk of non-payment and disburses the funds directly to the company. Generally, financing is provided for up to 85 per cent of the value of the…

Research and Development Funding: Canadian Innovation Commercialization Program

The Canadian Innovation Commercialization Program was designed by the Government of Canada to help businesses get started and get their innovative products and services from the lab to the marketplace. This new program, a $40 million initiative, was launched as a part of the 2010 budget to promote economic growth. The maximum value of funding…