The Ontario Ministry of Science and Technology (MOST) have signed a very intriguing Memorandum of Understanding on Research and Innovation Cooperation (MOU) with the People’s Republic China. This Memorandum has many implications, one of them being very interesting to Ontario businesses looking to carry out business partnerships in China. The partnership program allows both countries…
Update: View the latest Canadian Government Funding for Agribusiness blog The agricultural industry has been an increasing focus of the Canadian Government’s business support efforts. The Government is helping Canadian agriculture companies with R&D initiatives to combat environmental challenges, export expansion initiatives, and general operational improvements. Below are some of the top agricultural funding program…
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…
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…
The ecoENERGY Innovation Initiative is a new program and in the FedDev 2011 budget, the Next Phase of Canada’s Economic Action Plan. They received $97 million for a thorough suite of R&D and demostrating projects. The focus of the program is to encourage the production of technology that uses energy in a more clean and…
Many of our clients participate in SR&ED as as source of funding, however it is notorious for its complicated, demanding application process. Meet Precision SR&ED, a dedicated SR&ED software suite that provides Canadian business owners with the extensive project management and data collection features that are essential when tracking your business activity for SR&ED. Key…
Coordinated by Industry Canada’s Community Access Program and funded through the Youth Employment Strategy of Canada, the Community Access Program’s Youth Initiatives aims to employ and provide opportunities for young Canadians between the ages of 15 and 30, mostly students, recent graduates, or the under-employed or unemployed. The purpose of the program is to encourage…
In addition to the previously highlighted Buyer Financing Program by Export Development Canada, The Export Guarantee Program can help Canadian exporters by providing additional financial support for export-related activities and/or foreign investments. The available support can vary from: Up to 100% for loans where Canadian companies are making direct investments abroad Up to 90% for…
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…
The purpose of the NSERC’s Idea to Innovation Program is to encourage the pre-competitive development of promising technology from universities and colleges and advance it’s transfer to Canadian companies. This is a grant program involving different phases. Up to $125,000 of funding is provided for phase IIa and up to $350,000 for phase IIb. This…