FedDev’s Investing in Business Innovation program supports startup businesses and helps accelerate the development of new processes, practices and products to the market. This research and development funding for small business program provides repayable loans to eligible organizations. This government funding for business program aims to: Accelerate the commercialization of new products, practices and processes…
Canadian Government Funding to Expand Ontario MedTech Sector Through significant support from Canada’s Medical Technologies Companies (MEDEC), Canadian MedTech Manufacturers’ Alliance (CMMA), and the Federal Economic Development Agency for Southern Ontario (FedDev); The New Horizons for MedTech (NHM) program provides support and grant funding for small business in Ontario’s medical device and health technology sectors…
Program Update: Please note that the government funding programs listed in this article may no longer be available. Please contact a Canadian Government Planner to explore current funding opportunities. FedDev offers a new program that addresses Canada’s future labour and innovation needs by promoting the development of educational programs and services that focus on science,…
This Canadian government funding program currently supports 61 Community Futures Development Corporations (CFDC) in Ontario – where FedDev Ontario serves 37 rural Eastern and Southern Ontario and the remainder are served by FedNor. This Ontario government funding program helps SME’s in rural Ontario expand and stabilize their business to maintain or create jobs. Canadian Government…
The Graduate Enterprise Internship is a program offered by FedDev Ontario. This hiring grant funding for business program helps fund internships for small and medium sized businesses. This is done through select post-secondary institutions that are searching for SMEs who can take on STEM interns for a 6-month period. Eligible institutions include: Ryerson University University…
The Southern Ontario Fund for Investment in Innovation (SOFII), a Canadian government funding program, was first showcased in a blog in early July 2012. FedDev Ontario announced that this $20M investment, funded by their Prosperity Initiative, would support SME’s across Southern Ontario. The Canadian Government Funding program is divided into two regional areas with involvement…
Canadian SMEs are paramount to Canada’s economic performance as they employ over half the nation’s workforce and make significant contributions to Canada’s GDP. Innovation is critical to the growth of Canadian SMEs, allowing them to create high-value job opportunities and shape a prosperous economic future in any community. With these realizations, FedDev Ontario has recently…
Susan Truppe, Member of Parliament for London North Centre, recently announced the Federal Government of Canada has invested funds in the Southwestern Ontario Angel Group. This in turn will help the organization connect more angel investors with promising new businesses in the region. The decision was made due to the Federal Government of Canada recognizing…
The Southern Ontario Fund for Investment in Innovation (SOFII) is a new Canadian government funding program that was released yesterday. FedDev Ontario announced that this $20M investment funded by their Prosperity Initiative would support SME’s across Southern Ontario. There was a strong realization that innovation is critical to creating high-value job opportunities and creating a…
Several Canadian Government funding organizations exist to help various business sectors, such as the previously mentioned FedDev Ontario, that supports Southern Ontarios economy. Another organization available to help small businesses is FedNor, which provides Canadian funding for business sectors in Northern Ontario. The Northern Ontario Development Program provides small business funding grants for the adoption…