Did you know that businesses in Ontario are able to receive up to $3000 in tax credits to help with the hiring of a post-secondary co-op student? The Ontario Ministry of Revenue provides businesses with a tax credit for up to $2000 and small businesses with a tax credit of up to $3000. The size…
The technology sector is advancing at blazing speeds. It is becoming increasingly difficult to stay competitive with the increasing amount of innovations, especially for small businesses. Ontario businesses are being offered an opportunity to shave off some human resource expenses with the Ontario Centres of Excellence’s First Job program. Similar programs with funding available include…
If you are an information technology company looking to expand your human capital, the Information and Communications Technology Council’s (ICTC) Career Focus Program can help. What is it? The Career Focus Program was created to encourage the hiring of recent IT graduates by providing the employing company with a wage subsidy. The subsidy covers 1/3…
The CME have released an update on available funding for 2011 – the Provincial Government of Ontario has decided not to recapitalize funding of the program in 2011 after the $4.2M that was awarded in February 2011. The dedicated funds will instead be utilized to eliminate deficit and bolster healthcare and education. It is not…
The Government of Ontario is providing funding to technology companies in the province to help grow economically sustainable companies and creating high-value jobs. Technology companies and entrepreneurs should consider this funding as a great opportunity to grow their business without increasing their debt. What is the IAF? Provided by MaRS, the IAF is a government…
The downturn of the economy has wreaked havoc on many small businesses’ cash budgets. Technology companies that invest in research and development of new innovations are finding it harder to bring their advancements to market due to these financial constraints. Fortunately, The Ontario Ministry of Research and Innovation has created the Innovation Demonstration Fund (IDF)…
How to Benefit from the Ontario Interactive Digital Media Tax Credit (OIDMTC) If you are an Ontario business that developed interactive digital media products, the OIDMTC can assist you with labour, marketing and distribution expenditures. Is My Company Eligible? Canadian companies that develop eligible products at a permanent Ontario establishment and file an Ontario tax…
Research and Development Support – Hiring Graduates Ontario Centres of Excellence offers support for Ontario Businesses to hire knowledgeable and highly skilled graduates from Ontario Colleges and Universities and the application process is open. The Provincially funded program provides employment opportunities to graduates with research and development expertise to bring results in developing new services,…
The Small Business Internship Program The best option with regard to hiring for a marketing graduate through government funding is with Industry Canada’s SBIP. The Small Business Internship Program provides small and medium-sized enterprises financial support to hire a post secondary student intern to assist them in their adoption of e-business strategies to increase their…
To provide a more productive, diversified and competitive economy in Southern Ontario, FEDDEV Ontario has allocated $210 million to this new program called the Prosperity Initiative