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…
The Innovation Factory is holding their annual open house and innovation celebration for the Hamilton Business Community. Recognition will be given to some of the year’s most successful innovators along with their Research and Development Funding partners. Presentations may also include informational seminars on the new projects and organizations that will be receiving Ontario Government…
The Research Innovation Commercialization (RIC) Centres have recently released a new campaign of grants for small business in Ontario. The VentureStart Program looks to support Canadian entrepreneurs with innovative products or ideas for start-up businesses. VentureStart offers up to $30K in Canadian Government grants or 50% of start-up expenditures by means of a cost-sharing program….
The MITACS Enterprise Program, the grant for hiring graduates, has recently received a generous contribution of $4,227,500 from the Canadian Government. These funds will be distributed to Canadian SMEs who are looking to hire a recent graduate in science, technology, engineering, and mathematics (STEM). This program is one of several Business Grants for Hiring Interns…
Situated within Canada’s Technology Triangle, Wilfrid Laurier University (WLU) is one of Canada’s most well-known universities for their provisions of high quality and innovative learning experiences. The ongoing success of their graduates is earning them a reputation as one of Canada’s leading business schools. Laurier’s impressive graduate employment rates are partially due to their ability…
It is essential for most businesses to partake in some form of research and development in order to allow their business to grow and expand into new markets. However, R&D projects often require a great deal of equipment and expertise in order to yield promising results. In some cases, Canadian SMEs do not have access…
The Northern Ontario Heritage Fund Corporation (NOHFC) has recently established a Canadian government funding program for community development and infrastructure projects for Northern Ontario communities and businesses. The program funds projects that have the potential to create jobs and attract economic development opportunities to promote prosperity within those communities. Canadian Government Funding for Infrastructure Projects The…
Over the past 30 years, Conestoga College has proven itself as one of Canada’s most innovative and diverse colleges. They have a number of campuses located within Canada’s Technology Triangle including their new Engineering facility located in Kitchener just south of the 401. Each year, Conestoga awards thousands of degrees and diplomas to graduates in…
More research is being conducted by Ontario’s Medical Technology Sector through Canada’s new business funding grants. The Health Technology Commercialization Program (HTCP) is a Canadian government funding program that is administered by The Health Technology Exchange (HTX) and the Ministry of Research and Innovation (MRI). The HTX received 14.2M in funds to distribute business funding…
The Ontario’s Ministry of Economic Development and Innovation will be partnering with the Forum for International Trade Training (FITT) for an up-coming web-based seminar on trade and supply chain financing solutions. This event may be beneficial for those who would like to explore their funding options through Low Interest Loans or Business Funding Grants for…