Does your small business have enough financing to implement its next strategic project? Financial constraints often lead to postponed or cancelled projects that would otherwise grow the business; you can’t make money without money. In order for businesses to have the necessary cash flows for their key strategic projects, the Business Development Bank of Canada…
Although the Ontario Self-Employment Benefit (OSEB) tax incentive will be phased out in 2016, a startup funding and business support program has been created to help youth (aged 18-29) entrepreneurs start their own business. The Starter Company grant program provides valuable resources to young Ontarians in addition to $5,000 in Ontario government grant funding. Like…
FedDev Ontario recently announced the launch of a new fund to support entrepreneurs. The SmartStart Seed Fund (SmartStart) launched with a pool of $9M to support entrepreneurs in the technology sector or companies with innovative ideas. The program provides seed financing for entrepreneurship skills training to help young business owners grow their company and make…
BrightLane is a community resource for Toronto entrepreneurs. Through shared workspaces, BrightLane allows entrepreneurs and small businesses to work together out of a historic brick and beam building in the cool location of King Street West in Downtown Toronto, Ontario. After successfully graduating from an incubator or accelerator, businesses come here to grow their business to…
The Ontario Centre of Excellence (OCE) is looking to connect Ontario’s next generation of entrepreneurs with much needed start-up funding in order to help take their companies to the next level. The program is open to young entrepreneurs from the ages of 18 to 29, and provides seed financing and entrepreneurship skills training in order…
On August 14th, Canada’s Citizenship and Immigration Minister, Chris Alexander was in Kitchener-Waterloo where he met with Communitech and other business leaders to discuss the Start-up Visa Program. The program, which boasted of its first two successful applicants in July 2014, was designed to help make Canada the destination of choice for the world’s brightest…
Small business incubators aim to provide a sophisticated mix of business support services, office space, and access to funding in order to help improve success rates of small businesses. In fact, the Canadian Association of Business Incubators (CABI) cites a report claiming: “The average survival rate of companies in Canada that go through business incubation has been…
In support of young entrepreneurs across Ontario the province has launched a program to help encourage young people facing barriers to become job creators. On April 7, 2014, the Ministry of Economic Development, Trade and Employment announced the Strategic Community Entrepreneurship Projects Program (SCEP). SCEP will offer grants to not-for-profit organizations to help 15-29 year…
The University of Toronto Early Stage Technology accelerator program (UTEST), is accepting applications from current students or faculty at U of T with an April 17th, 2014 deadline. The program, in partnership with MaRS Innovation funding, has been among one of the most successful incubator programs for startups in Canada. University of Toronto Early Stage…
Mentor Works’ President & Owner, Bernadeen McLeod, will be joining the SHIFT Conference in Waterloo to educate business leaders. Bernadeen will present the latest on business funding trends, give valuable insight into how to select & access small business grants and loans, and share her experience of how small and medium-sized businesses like yours have…