The automotive sector is made up of several industries: automobile assembly, automotive parts manufacturing, and the relatively small auto body and trailer manufacturing sector. Although all industries are experiencing increased competition, the automotive parts manufacturing sector in particular are pressured to adopt advanced technologies and streamline processes in order to stay competitive in the face…
Brotech provides machining excellence to many industries including nuclear power, alternative energy, aerospace, and defense. Their ability to manufacture specialized parts which are included in some of the most advanced technologies today make them stand out as an industry leader. Naturally, when the Barrie, Ontario company became aware of Mentor Works, they saw the immediate…
The Business Development Bank of Canada (BDC) and Mentor Works are hosting a free event in Vaughan, Ontario on Wednesday, June 10, 2015 focused on growing your business through export expansion and capital equipment adoption. Financing and cash flow planning are popular topics when it comes to international sales and business scaling. Mentor Works will…
On June 24th, the Ontario Aerospace Council (OAC) will continue its “Show Me the Money Series” of seminars. This morning breakfast seminar will help companies within the aerospace industry to learn about funding opportunities including Ontario small business grants and loans. Whether you have a specific project in mind which requires funding, or you would…
Are you an established or new exporter that is looking to gain an international advantage? The Canadian Manufacturers & Exporters (CME) association is looking to help by providing businesses with professional development opportunities through their Export Success Program. In association with Export Development Canada (EDC), CME will be holding learning sessions throughout the summer that…
In my first year with Mentor Works, I have been given the opportunity to compile and present key information pertaining to important sectors of the Canadian economy, especially those of which the Federal and Provincial Governments have targeted government funding initiatives towards. I have adapted my industry reports into blog posts so that our readers…
April 1st marked the first day of the Canadian government’s 2015 fiscal year and with it, came an update to the Economic Action Plan (EAP), an initiative to benefit Canadian businesses, families, and seniors. This article will focus on the business elements of EAP. The Canadian federal government created the Economic Action Plan in response…
On April 28th, FedDev Ontario Minister Gary Goodyear announced that the Southern Ontario Smart Computing Innovation Platform (SOSCIP) Consortium would receive $20 million in Ontario government funding. On behalf of this consortium which is comprised of seven leading Ontario universities, the University of Toronto will receive funds which increases their access to advanced computing and…
As Mentor Works’ resident Fresh Prince of Frugality, I am constantly thinking about how I can reduce my living expenses to increase my flexibility to save, invest, and plan for the future. I often hear people discussing whether or not renting makes financial sense. Owning your own property has several major benefits, and renting can…
Scale Up Ventures is a new type of Ontario government funding which aims to provide high potential startup companies with funding and mentorship opportunities to expand their business. A total of $50 million will be awarded to Ontario businesses through a venture capital collaboration between the Government of Ontario and private investors. Successful applicants are…