The Canadian Government provides funding support for Canadian SMEs to develop and commercialize their innovative products and technologies. The ARP program supports technical problem solving by providing grant funding for business research and development. The program has undergone some minor adjustments as a result of increases to the 2012 Federal Budget Funding Support for the…
In its most recent Federal budget, the Canadian Government has allocated $500M to the Canada Foundation for Innovation (CFI). The investment is one of many Federal Support Initiatives for Research and Development that were announced earlier this month in the 2012 Federal Budget. CFI provides business funding grants to support the purchasing of cutting-edge research…
The Canadian Government has announced their plan to provide research and development funding to the Canadian Institute for Advanced Research (CIFAR). The investment is one of many Canadian Government Funding Initiatives that were announced as a part of the 2012 Federal budget. CIFAR will receive approximately $10 million dollars over the next two years through…
The Canadian Government supports the aerospace, defense, space and security (A&D) industries by providing research and development funding through the Strategic Aerospace and Defense Initiative (SADI). The program offers repayable business funding grants towards the development of next generation products and services related to the A&D industries. Projects involving Collaborative Research and Development are encouraged;…
The Ontario Government has recently developed an online service directory for assisting small businesses and start-ups across all sectors. One-Source for Business is an online business application that provides direct access to useful information and industry advice for starting and operating a small business in Ontario. The directory also provides access to the latest news…
As of late, there has been a lot of discussion regarding the changes to the Ontarios budget for research and development funding. The Honourable Gary Goodyear announced an increase to National Research Council Canada’s Industrial Research Assistance Program (NRC-IRAP) in his 2012 budget hearing last Friday. The new budget allocates approximately $110M for 2012/2013 of…
Canadian business grants for productivity enhancements and outside consulting are becoming increasingly popular with Ontario SMEs. These types of small business funding grants are especially useful for those in need of capital equipment or market expansion funding. There are several opportunities to receive Grant Funding for Small Business Expansion; however, these Canadian business grants are…
April appears to be a busy month for those who are looking to receive one of the soon to be released Canadian business funding grants. The federal and provincial governments begin their release of several Government Funding Grants for Small Business in April of every year. The end of the month can already seem quite…
A common barrier to innovation and productivity within Canada is the inability to access Government Funding for Research and Development. Recently an expert review panel has released a list of recommendations to simplify the research and development funding process for Canadian SMEs. These recommendations look to streamline the application process without significantly altering the actual…
Last November, the McGuinty Government proposed the introduction of several new grants for small business in Ontario to promote job creation and economic prosperity. So far, they have released several small business funding grants including the Eastern Ontario Development Fund (EODF) and Ontario-China Research Innovation Fund (OCRIF). With the relative success of these programs, the…