Local food producers in Ontario are receiving backup by the Ontario Government. A funding initiative called The Ontario Market Investment Fund (OMIF) seeks to promote consumer awareness of local food, encouraging consumers to buy locally. Who is eligible? The funding initiative covers companies along the Ontario food supply chain, as well as organizations that focus…
As the owner and general manager of your company, you are both the compass and the map to lead your workforce to success. As you realize this, it is perfectly normal to initially feel overwhelmed by the responsibility. However, if you focus on honing a few valuable skills and implementing them into your daily activities,…
Please Note: Many of the programs listed in this article have closed since the blog’s original posting. To explore Canadian government funding programs currently available, please browse our small business funding directory. Operations managers of energy companies are constantly looking for ways to reduce costs and maximize operational efficiencies within their companies. The following seven…
Are you looking for help financing your business, but having difficulty covering the expenses through conventional financing channels? There are several regional funding resources at your disposal to aid your business. These development programs aim to help businesses and create jobs to help the local economy. We, here at Mentor Works, have outlined a few…
Do you need help financing new business initiatives? Governmental tax credits can help your company grow, while keeping your debt-to-equity ratio under control. Mentor Works has compiled a few great tax credit programs that can help your business thrive: Apprenticeship Employer Signing Bonus This is a great tax credit to help you expand your human…
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…
If you are a small business in Ontario, there are several opportunities to attend a free one-day Tax Information Forum (TIF) event, focused on educating companies about key tax and business programs administered in Ontario. The TIF will host several seminars, informational booths, and opportunities to speak directly with Ontario Governmental specialists. Dates and Locations…
Business is a numbers game, but it’s comforting to know that you have some aces up your sleeve to keep your financial responsibilities from overwhelming you. Here are my 6 top financial lifesavers that should help to make your accounting a breeze: 1. Payroll Deductions On-Line Calculator Brought to you by the Canadian Revenue Agency…