As business leaders enter 2020, many are sorting out their top strategic priorities for the coming year. This is the ideal time to match government funding programs to these projects; there’s lots of time to apply for funding and you can implement a systemized approach to accessing grants and loans.
With
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FCA Canada recently received funding from the Ontario provincial government to support an investment in a new Vehicle Dynamics Simulator (VDS) lab that features the most advanced driving simulation technology in North America.
FCA Canada, a subsidiary of FCA US, operates assembly facilities in Windsor and Brampton, Ontario; these facilities produce
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Ontario is one of the most ideal provinces in Canada to grow small and medium-sized businesses. The diverse and well-established economic landscape enables companies to scale quickly, and government incentives such as the Southwestern Ontario Development Fund (SWODF) and Eastern Ontario Development Fund (EDOF) can offset a portion of expenses
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The Community Economic Development Streams of the Southwestern Ontario Development Fund (SWODF) and the Eastern Ontario Development Fund (EODF) provide support to municipalities and not-for-profit organizations for projects and investments that spur economic development in southwestern and eastern Ontario.
Applicants may be able to access up to 50% of eligible project
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The Government of Canada announced in Budget 2017 that an additional $300M would be available over a 10-year period to further support the development of creative hubs (multi-tenant facilities that bring together professionals from a range of arts or heritage sectors and creative initiatives that offer programming to the public)
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BioConnect, an Ontario biometrics company, has received millions of dollars in funding from the Federal Development Agency of Ontario through the agency’s Business Scale-Up & Productivity Program (BSP). The funding will support multiple expansion projects at BioConnect, including commercializing new biometric technology and growing in new export markets.
Founded in 2010,
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Entering an election period always brings about change in the funding landscape as the incumbent government looks to continue to push their main economic development approach and a potential new government looks to establish their economic development priorities.
Nearing the end of 2019, it’s time to reflect on the trajectory of
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Gerdau Ameristeel, a major producer of long steel in the Americas and one of the world’s largest suppliers of special steel, has been awarded funding from the federal government to complete facility upgrades at its locations in Whitby and Cambridge, Ontario, and to help increase the organization’s global competitiveness.
Gerdau Ameristeel
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On August 22, 2019, the CanExport funding program undertook two significant updates that impacted how the program operated and the value it provided to Canadian exporters. The first and most notable update was to the program’s contribution amount, while the second focused on company eligibility. Previously, agriculture and agri-food companies
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This summer is an ideal time for businesses to access Canadian government funding programs. There are many new, existing, and re-launching incentives worth applying to over the coming months to ensure your business is well-positioned for growth. Like Canada’s seasons, governments operate on cycles that change throughout the year. With
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