Hiring an Graduate – Marketing and e-Business Results When was the last time you did things differently? Really change your approach to think differently? Do you ever find that you read and read and complete (or buy) more market research reports and stack up more knowledge but run out of time to execute on your…
Accelerator Review Program, Small Projects with $50k Non-repayable Grant A popular funding mechanism in Southern Ontario is The Accelerated Review Process by the Industrial Research Assistance Program provides $50k non-repayable grant by supporting 100% of direct labor and 75% sub-contractors fees. How Funding Works The projects eligible are those that present a strong business case for technology…
Announced in Waterloo on Sept. 25th, FedDev Ontario has launched the Graduate Enterprise Internship, an $80M initiative, a new hiring funding program for science, technical, engineering and math graduates and undergraduates to support mentorship and development with local SMEs in Southern Ontario. The program will support up to $15,000 of the costs of a six-month internship for someone who is…
Recently approved and good news for the areas of Kitchener-Waterloo, Guelph, Cambridge and Hamilton, University of Waterloo is now the delivery agency on behalf of Industry Canada for an internship program to promote the hiring of post-secondary graduates from local colleges and universities. U of Waterloo is now accepting applications for the 2010/2011 Small Business…
Export Development Canada in partnership with Mercantile Finance Services Ltd., can provide unsecured loans of up to $50,000 for a two year term to support Canadian companies with export business development goals. My clients have enjoyed these funds to assist them with increase production capacity for exporting, attending trade shows or new marketing efforts for…
The coop hiring program has received significant interest this year – it is called SBIP. We have talked about SBIP before and we now have more information for you. Follow the links on this and other hiring mechanisms – but the projects that are eligible for co-op hire is geared to your website only. Getting your site rankings improved,…
Another hiring program, and probably the most popular, is the Accelerate Ontario program. As Ontario’s Graduate Research Internship Program, the goal is to connect high-quality expertise from the province’s universities with Ontario businesses. The partner company contributes $7,500 and the funds are matched by Accelerate Ontario through Government Canada. The benefits to the company are…
Partnerships with SMEs & Universities/Colleges To encourage post-secondary institutions in southern Ontario to increase partnerships with SMEs and undertake pre-commercialization and applied research development expertise projects, the Federal Economic Development Agency (FedDev Ontario) have provide up to $15 million in funding to accelerate the collaboration. The greater collaboration will enhance innovation, improve productivity and competitiveness…
Using the two most popular government funding mechanisms for hiring (see previous blogs) to grow your business, it may appear complicated or too good to be true at first glance. But SMEs have great potential to expand our horizons. I recommend contacting our local Conestoga college and Ken Buitenhuis [kbuitenhuis@conestogac.on.ca] for support on how to provide small business owners…
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…