Ontario Interactive Digital Media Tax Credit (OIDMTC) Receive up to 40% in Government Tax Credits. Ontario Creates (formerly the Ontario Media Development Corporation) and the Canada Revenue Agency (CRA) administer the Ontario Interactive Digital Media Tax Credit (OIDMTC) to Ontario-based digital media businesses as a refundable tax credit towards eligible Ontario labour, marketing, and distribution expenses. Ontario…
$60 million in government grants for PPE and a new legislation with the new Ontario Main Street Recovery Plan.
NRC IRAP has launched the Innovation Assistance Program (IAP) with a total of $250 million in wage subsidies for innovative businesses ineligible for CEWS.
Mentor Works has outlined COVID-19-related funding programs and wage subsidies to avoid layoffs and bring back employees.
The Canadian Agricultural Partnership (CAP) is a federal-provincial-territorial partnership that provides government grants and loans to agricultural producers, processors, and other organizations. One incentive included in this funding framework, the Canadian Agricultural Partnership: Ontario Processors program, is a non-repayable government grant that helps manufacturers invest and become more competitive. The CAP: Ontario Processors program provides…
Canadian government funding programs often use terminology that is difficult for applicants to understand. These terms may be uncommon, but they are significant and important to comprehend when it comes to developing competitive government funding applications. Applicants should have a basis to understand government funding programs, including the terminology used to talk about types of…
Ontario-based interactive digital media companies have many options when it comes to accessing government funding for software production projects. In addition to federal grants and incentives, the Ontario Creates (formerly OMDC) also offers provincial funding programs to extend support for innovative software development and commercialization projects. These include digital media grants and tax credits designed…
Developing international markets is an imperative strategy for any business who is seeking to drive revenues and become globally competitive. Although it can be expensive and risky to act on an expansion plan, doing so can lead to a range of benefits such as generating substantially higher revenues, developing a more reliable value chain, and…
Ontario Centres of Excellence (OCE) is a government funded agency that supports the development of Ontario’s economy by creating jobs and enabling breakthrough research. Through its R&D Project Hiring Grants program, OCE supports a vibrant, sustainable research and innovation advantage for businesses in Ontario. Through the program, businesses can hire an academic researcher for up…
As part of the Government of Canada’s 2015 Economic Action Plan, the Automotive Supplier Innovation Program (ASIP) provides Canadian government funding to businesses demonstrating and prototyping innovative automotive products or processes. Through this business funding opportunity, more Canadian businesses will be able to contribute clean, sustainable, and energy efficient technologies to a market that is…