In addition to the previously highlighted Buyer Financing Program by Export Development Canada, The Export Guarantee Program can help Canadian exporters by providing additional financial support for export-related activities and/or foreign investments. The available support can vary from: Up to 100% for loans where Canadian companies are making direct investments abroad Up to 90% for…
The Canadian Government has deemed the Economic Action Plan a successful initiative. After the first year, they have devoted $32 billion in stimulus spending and are now allocating an additional $28 billion towards stimulus spending. What does this mean for small businesses in Canada? It means you will have access to a considerable amount of…
The purpose of the NSERC’s Idea to Innovation Program is to encourage the pre-competitive development of promising technology from universities and colleges and advance it’s transfer to Canadian companies. This is a grant program involving different phases. Up to $125,000 of funding is provided for phase IIa and up to $350,000 for phase IIb. This…
If you are a business that is interested in bidding on Government of Canada projects and would like more information about the bidding and supplying process, read on.
The Buyer Financing program is organized by Export Development Canada. EDC provides financing directly to a foreign buyer of Canadian goods and services and in these situations takes the risk of non-payment and disburses the funds directly to the company. Generally, financing is provided for up to 85 per cent of the value of the…
Yesterday, we highlighted the Canadian Innovation Commercialization Program, a great funding mechanisms aimed at assisting Canadian small business with commercializing new technologies. The Public Works and Government Services of Canada is promoting this program by providing all interested parties with a free seminar related to the CICP program. These seminars are taking place throughout the…
The Canadian Innovation Commercialization Program was designed by the Government of Canada to help businesses get started and get their innovative products and services from the lab to the marketplace. This new program, a $40 million initiative, was launched as a part of the 2010 budget to promote economic growth. The maximum value of funding…
Medica 2011 is finalized for mid-November in Germany. The largest of its kind, Medica is an annual medical technology trades show that plays host to over 135,000 trade visitors from nearly 160 countries. Ontario medical technology companies have the opportunity to exhibit in the five Canada Pavilions thanks to Messe Düsseldorf and the Ontario International…
The Business Development Bank of Canada is a crown corporation created to help grow Canadian SMEs by providing financial and consulting services that complement the private sector financial institutions. The BDC’s Marketing Expansion Loan can provide extra money for specific repayment terms for maximum flexibility. This program was designed to aid Canadian entrepreneurs in growing…
The Health Technology Exchange is providing assistance to Ontario-based medical manufacturers looking to keep large-scale global R&D projects in Ontario. The Ontario Flagship Program aims to take advantage of Ontario’s high-skilled researchers and resources by providing financial aid to keep R&D activities from being outsourced internationally. Funding Amount & Eligibility The Ontario Flagship Program is…