Search Results for: Business Development Bank of Canada

FAQs: Canadian Grants & Loans for Businesses

FAQs: Canadian Grants & Loans for Businesses Frequently Asked Questions: Canadian Grants & Loans. Navigating the Canadian government funding process can be challenging for businesses of all sizes. Optimizing the planning, writing, submission, and reporting process can take considerable time and resources; however, there are tremendous benefits associated with accessing funding regularly. Companies should take…

[EVENT] April 25, 2019 in Markham: Financing Solutions for Strategic Business Growth

[EVENT] April 25, 2019 in Markham: Financing Solutions for Strategic Business Growth

To overcome growth challenges, businesses should use a combination of equity, bank financing, and government funding. Each source of investment capital supports aggressive but sustainable growth plans and enables companies to act on emerging market opportunities. Fortunately, businesses can learn more about Canadian and Ontario government funding to support business growth by attending an upcoming…

Women Entrepreneurship Strategy (WES): Helping Women Grow Their Businesses

Women Entrepreneurship Strategy (WES): Helping Women Grow Their Businesses

While there is greater gender equality in the workforce than ever before, there is still a gender divide amongst top leaders and entrepreneurs. Less than 16% of Canadian small and medium-sized businesses are women-owned, yet the full and equal involvement of women in the economy is essential to Canada’s competitiveness. Only 10% of high growth…

Canada Small Business Financing Program: Loans for Business Growth

Canada Small Business Financing Program: Loans for Business Growth

Small business owners frequently face challenges when scaling their operations. With limited cash flow, most seek financial support for growth projects through banks. However, business owners are often rejected for loans and other financial products because they’re deemed a high-risk borrower. As a result, their business stays small and unable to compete with larger, more…

Growing Forward 2 (GF2) Invests over $250k in Agri-Food Businesses

Growing Forward 2 (GF2) Invests over $250k in Agri-Food Businesses

Five Ontario businesses in the food and beverage processing sector have recently been awarded over $250k through the Growing Forward 2 (GF2) program. This funding will allow the companies to update and install new equipment, increase innovation and efficiency, and potentially expand into new markets. Up to $254,093 in Ontario government funding will support business…

Budget 2018 Streamlines Funding Programs for Business Innovation

Budget 2018 Streamlines Funding Programs for Business Innovation

The Canadian Federal Budget 2018 was released last week to much interest from business leaders and industry analysts. This year, innovation was again a top priority of the federal government, highlighted by the increase in funding support for several research and development funds. Unlike the previous two Liberal budgets, however, there will be considerable changes…