In 2014, the Government of Ontario introduced Starter Company, a funding program that supported youth entrepreneurs. To date, the program has assisted 2,700 businesses and supported the creation of more than 3,100 jobs across the province. That iteration of the program is now closed, however, to continue supporting startup ventures
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When considering what foods to buy, more consumers are seeking products that cater to a balanced diet. In fact, when given the choice, 59% of consumers prefer to ‘eat clean’ and are more likely to purchase foods that are less processed. Today consumers are demanding greater access to whole foods
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Ontario’s small business community is booming, yet few of these companies effectively scale their solutions into global markets. In December 2015, there were 48.3 times more small businesses (1-99 employees) than medium-sized (100-499 employees) companies in Ontario. This trend is especially prevalent in the technology startup community where entrepreneurs are
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Guelph Manufacturing Group has been awarded $875,000 in Ontario small business grants to execute its latest project. The business will use Ontario government funding to purchase new equipment and expand its workforce to increase company capabilities; by doing so, it will meet consumer demands better, improve productivity, and boost international
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The Jobs and Prosperity Fund (JPF) is an Ontario government funding program created to support large-scale business expansion and capital investment projects. The initiative awards Ontario business grants for projects that enhance productivity, become more innovative, and compete in international markets.
JPF is divided into four unique streams; most streams support
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Toronto-based manufacturer, Polycorp Ltd., has been awarded up to $1.9 million in Ontario government grants to support its latest facility expansion project. The contribution will help the company construct a 110,000 sq. ft. expansion in Elora, Ontario to diversify the business’ product offerings and become more globally competitive.
The contribution will
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Ontario is Canada’s economic powerhouse. Data from 2015-2017 shows the province contributed nearly 40% of the country’s GDP, while also providing job opportunities for nearly 40% of Canada’s population. Keeping Ontario-based businesses profitable and able to expand employment is essential for the continued success of Canada’s economy; this is one
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Manitoba’s diverse economy offers extensive opportunities for business growth. One of the reasons for this is that the Provincial Government of Manitoba encourages new, large-scale business investments with lucrative government grants and loans for businesses. This access to capital provides organizations a unique incentive for expanding their business in Manitoba.
The
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Advanced manufacturer, Triangle Fluid Controls, has been awarded up to $186,000 in small business grants to expand production capacity. The investment will help the company build a 12,600 sq. ft. extension onto its existing facility, as well as purchase new production and laboratory testing equipment. These upgrades will help the
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Food and beverage processing is Canada’s second largest manufacturing sector, accounting for 17% of the country’s annual manufacturing shipments. With more than 190 countries serving as export destinations for these products, Canadian firms are well positioned for international growth. With foreign demand continuing to increase, businesses should take advantage of
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