The upcoming release of the Ontario Liberal’s proposed budget renews interest in overwhelming evidence that Canada’s leading provincial economy needs to contribute more to raise Canada’s standing as a cradle of innovation. According to the Conference Board of Canada research and development spending by businesses (BERD) in Canada has been out-paced by nearly every OECD…
The Ontario Centres of Excellence is running the R&D Project Hiring Grants program on behalf of the Ontario provincial government and a $10-million investment through their Youth Jobs Strategy. The program aims to help connect recent graduates with valuable on-the-job experience while building the research and development capacity of Ontario companies. Two Components of the…
In order to stay competitive in the modern business economy, companies must invest in R&D activities and adopt new technologies. Most companies incorporated in Canada have the opportunity to receive financing for these activities via the Business Development Bank of Canada (BDC)’s Working Capital Loan. This long-term financing option complements businesses’ existing line of credit…
Mitacs, is a national non-profit organization, provides research and development funding support to develop industry and academic partnerships. Since 1999, Mitacs has provided over $52 million in funding to support their mandate. The Mitacs Elevate program provides an opportunity for industry partners to collaborate with a post doctorate student to work on a research project…
The Mitacs Elevate Program supports postdoctoral fellows and Canadian companies & partners to collaborate on cutting-edge research projects and build capacity for the next generation of R&D management leaders. Mitacs Elevate Canadian Government Grants –Background Information The Mitacs Elevate Program began as a pilot program offered in southern Ontario beginning in 2009, and expanded nationally in…
On Friday June 20th 2014, Minister of Public Works and Government Services, Diane Finley announced the launch of the fifth Call for Proposals for the Build in Canada Innovation Program (BCIP). BCIP is an acquisition program that was created to further develop Canadian innovation. The program is intended to help companies overcome the pre-commercialization gap…
Investing in Commercialization Partnerships is offered by FedDev Ontario as a part of Southern Ontario Prosperity Initiatives (SOPIs). This government program is focused on providing funding for business led collaborations with academic or research institutions to develop innovative products that have high market demand and bring them to market readiness. Who can apply for ICP…
The government funding scene is heating up along with the weather. Funding allocation delays at the federal level along with the provincial election June 12th has produced a perfect storm, but not the kind that is likely to spoil your summer time plans. Don’t Miss Your Opportunity to Capitalize on Small Business Grants & Loans…
The Ontario Ministry of Agriculture and Food (OMAF) is working in partnership with Agriculture and Agri-Food Canada (AAFC) to support a competitive, sustainable and innovative agri-food and agri-products sector. The Growing Forward 2 Ontario Government Funding Initiative has set aside $417 million of funding over the next five years to assist producers, processors, and organizations…
The Southern Ontario Prosperity Initiatives (SOPIs) from FedDev Ontario provide government funding opportunities to new and established businesses and not-for-profits. The Investing in Business Innovation (IBI) program also has a stream for Angel Networks. The funding from the IBI program is available to Angel networks as a grant towards project costs. IBI Government Grants Canada…