The Canadian federal government is providing up to $500K in funding through the Tourism Relief Fund (TRF) to help businesses adapt to COVID-19.
To optimize the amount of Canadian government funding your project can receive, consider stacking multiple federal and provincial grants and loans. This strategy can help companies support up to 75% of eligible project costs.
Canada’s Alps Welding Ltd. has worked with Mentor Works since 2012 to receive multiple funding wins totalling close to $2M.
Eligible businesses located in Western Canada can access government grants and loans to support a wide range of strategic growth projects, including business expansion, capital investment, hiring and training, and research and development.
The Ontario 2021 Budget allocated $400M towards the creation of a new funding agency called Invest Ontario which will provide business grant, loans, and funds.
The Ontario provincial government has created its 2021 Budget, with $23.3B in spending towards COVID-19 business support and new grants, wage subsidies, and no-interest loans available.
Sixteen northern Ontario projects will create new skilled jobs and retain workers in local communities thanks to the $800K investment from the Rural Economic Development (RED) program.
Administered through BDC, the Highly Affected Sectors Credit Availability Program (HASCAP) supports Canadian businesses that have been hit hard by the impacts of the COVID-19 pandemic.
Government funding for cleantech innovation helps meet climate action goals so that all Canadians can benefit from a more sustainable country and advancing cleantech sector.
The Southwestern and Eastern Ontario Development Funds offer up to $5M to support businesses undertaking economic development initiatives.