London, Ontario is home to several technology-oriented incubators. Innovation hubs such as Western University’s Propel and Fanshawe’s Leap Junction are a great place for startup companies to establish themselves and develop a minimum viable product (MVP), but once a firm reaches a certain size there’s limited structural support. So, what
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Western Canada is home to many of the country’s most innovative and globally-oriented businesses. But while significant growth potential exists within the region, it’s often difficult for companies to make large-scale investments in productivity-boosting technologies. Despite the long-term benefits of adopting or adapting technology, upfront project costs can impact cash
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As businesses leaders enter 2019, many are sorting out their top strategic priorities for the coming year. This is the ideal time to match government funding programs to these projects; there’s lots of time to apply for funding and you can implement a systemized approach to accessing grants and loans.
With
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The government of Canada is continuing to invest in advanced technologies throughout the country in efforts to bring innovative products, processes, and services to market. Recently, 17 organizations in British Columbia have been awarded funding for innovation, which they will use to develop, advance, and commercialize their products and services.
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Southern Ontario is home to many of Canada’s most innovative and globally-oriented businesses. But while significant growth potential exists within the region, it’s often difficult for companies to make large-scale investments in productivity-boosting technologies. Despite the long-term benefits of adopting or adapting technology, upfront project costs can impact cash flow
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The Southwestern Ontario Development Fund (SWODF) Business Stream is a government grant for growth-oriented SMEs. It’s a critical source of capital that enables companies to expand their cash flow during large-scale expansion projects. Funding enables manufacturers and other industrial applicants to enlarge production and warehousing facilities for improved productivity and
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The Eastern Ontario Development Fund (EODF) is an Ontario business funding program that supports large-scale investments in equipment and facilities. Through the program, companies can access business expansion grants, or a combination of grants and repayable funding (government loans), to offset the significant upfront costs of growth projects.
EODF helps recover up
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Ontario’s innovation ecosystem is growing exponentially. With this growth comes the need for more resources for innovators to develop globally-competitive products and services that shape today’s knowledge-based economy. Access to incubation space and entrepreneurial expertise are two areas of support often requested by young, high-growth businesses, but it’s often difficult
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Small business owners frequently face challenges when scaling their operations. With limited cash flow, most seek financial support for growth projects through banks. However, business owners are often rejected for loans and other financial products because they’re deemed a high-risk borrower. As a result, their business stays small and unable
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The Southwestern Ontario Development Fund (SWODF) is a business expansion funding program that incentivizes companies to invest in new facilities and equipment. It attracts large-scale projects that have a significant impact on business productivity and create new employment opportunities within the company. Through the program, successful applicants will receive grants
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