FedDev Ontario Invests $3.9M in Two Manufacturers for Innovation and Skilled Jobs Creation
FedDev Ontario is investing $3.9M to support the job growth and innovation of two manufacturers, Kumi Canada Corporation and York Metal Products.
Invest Ontario – A New Provincial Funding Agency
The Ontario 2021 Budget allocated $400M towards the creation of a new funding agency called Invest Ontario which will provide business grant, loans, and funds.
Ontario 2021 Budget – New COVID-19 Business Support Funding
The Ontario provincial government has created its 2021 Budget, with $23.3B in spending towards COVID-19 business support and new grants, wage subsidies, and no-interest loans available.
NOHFC INVEST North Program: Up to $5M in Funding
Designed to support companies throughout the entire business life cycle, the NOHFC INVEST North Program supports economic growth and innovation by inspiring business development and expansion projects in Northern Ontario.
Benefits and Resources for Canadian Businesses Interested in Global Expansion
What are the benefits of global expansion? Google’s free Market Finder tool makes it easy to develop a business growth plan towards sustainable and achievable ongoing success.
Canada Emergency Business Account (CEBA) $20K Expansion
The Canada Emergency Business Account (CEBA) has increased their max interest-free loan size to $60K. Those who received CEBA already are eligible for additional funds.
Small Businesses COVID-19 Financial Advice and Training
The Ontario provincial government is investing over $2M in small business training and financial support.
Improving Connectivity in Ontario (ICON)
The Ontario government is looking to expand broadband and cellular infrastructure by granting up to 25% of eligible project costs.
Research Finds that SMEs in Canada Enjoy the Best Business Climate
Canada was recently ranked as the top country for SMEs due to its low level of red tape, favourable tax policies, good financing conditions, and low competition.
CanExport Associations: Export Grants for Industry and Trade Associations
CanExport Associations provides export grants to Canadian industry and trade organizations looking to conduct international global expansion projects.