Ontario Business Grants – Eastern Ontario Development Fund

The Eastern Ontario Development Fund was announced in 2008, as a four year program ending in March 2012, and is still accepting applications.  Previously, we profiled this fund in our July 2011 Blog and based on the near closing date, Mentor Works has researched the key eligibility factors and project criteria to contribute growth and…

New Building Construction Program – Benefits to Energy Efficiency

If you are located within the Enbridge Gas Distribution area and intending to build for commercial, institutional or multi-unit residential occupancy, by following Part 3 of the Ontario Building 2006 – then you may qualify for NBCP savings. The program helps offset the costs of designing more energy-efficient buildings through incentives of $0.10/m3 of annual…

Investment Cooperation Program: Investing in Emerging Markets

Canadian businesses interested in expanding into developing countries need to take a close look at the Investment Cooperation Program (INC), offered by Foreign Affairs and International Trade Canada. This program is aimed at supporting companies who are investing in emerging markets by assisting with costs related to determining technical feasibility and economic viability of an…

AgriMarketing Program Funds Overseas Marketing Activities

UPDATE: The AgriMarketing program is now closed and not processing new applications. All applicants, even agricultural producers and processors are encouraged to use the CanExport program for all new applications.  Agricultural companies in Canada who want to expand their export activities into overseas sales markets are capable of receiving up to $50,000 towards their related marketing…

Jobs and Investment Program (JIP)

This program is a branch off the main fund that was launched by the Ontario government called the Next Generation of Jobs Fund (NGOJF) which is a five-year program aimed at developing new technologies and services for international markets. This specific stream, Jobs and Investment Program, focuses on supporting business expansion or retention and attracting…

Canada Small Business Financing Program – Business Loan

Small businesses in Canada searching for a new channel of loan funding should consider Industry Canada’s Small Business Financing Program. This program helps companies finance improvements and expansion efforts by increasing loan availability across Canada. Is Your Company Eligible for this Government Funding? All Canadian for-profit small businesses with revenue up to $5 million may…

Investment Cooperation Program (INC)

Formally known as Industrial Cooperation Program (CIDA-INC), the Investment Cooperation Program was launched in 2010 when it transferred to Foreign Affairs and International Trade. This program’s enabled companies to carry out responsible, developmentally beneficial, private sector engagement in developing countries resulting in stable economic growth and a decrease in poverty. The way the program works…

Hamilton LEED Grant Program

Canadian small businesses looking to do business in Hamilton, Ontario should consider the Hamilton LEED Grant Program. This program was created to encourage companies to expand within Hamilton by building energy efficient buildings within the city. The small business grant will help support the tax increases related to the renovations needed to LEED certify your…

Economic Action Plan Receives $28B in Funding Allocation

The Canadian Government has deemed the Economic Action Plan a successful initiative. After the first year, they have devoted $32 billion in stimulus spending and are now allocating an additional $28 billion towards stimulus spending. What does this mean for small businesses in Canada? It means you will have access to a considerable amount of…

BDC Market Xpansion Financing

The Business Development Bank of Canada is a crown corporation created to help grow Canadian SMEs by providing financial and consulting services that complement the private sector financial institutions. The BDC’s Marketing Expansion Loan can provide extra money for specific repayment terms for maximum flexibility. This program was designed to aid Canadian entrepreneurs in growing…