Canadian automotive manufacturers can accelerate growth by integrating their strategic activities with government funding, but how exactly does it work? How do other automotive manufacturers use government grants and loans to enhance investments and drive organizational success? It can be difficult to visualize the impact of developing and executing a
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Ontario’s first budget under the Conservative government offers an array of measures designed to help businesses. Through tax incentives and the potential for new and modernized government grants and loans, there are many direct financial incentives worth discovering. Other considerations supporting the business community include lower hydro rates, reduction of
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We made it – it’s finally spring! As Canadians thaw out from winter’s deep freeze and become more active in the longer days ahead, many businesses plan to undergo a similar jumpstart. Like nature, companies and governments operate on cycles that change throughout the year. These organizations tend to prepare
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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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