FAQs: Investing in Business Innovation (IBI) for Not for Profits

FAQs: Investing in Business Innovation (IBI) for Not for Profits

To be eligible for Investing in Business Innovation (IBI) for not for profits one must be either a Research Innovation Centres, an incubator, accelerator, angel network, or a Community Futures Development Corporations (CFDCs) that are located in Southern Ontario. What type of funding is available from the IBI for NFPs program? The Investing in Business Innovation (IBI)…

Looking for Follow-On Funding? NAO Angel Network Call for Companies

Looking for Follow-On Funding? NAO Angel Network Call for Companies

Pitch at Our Next Ontario’s Follow-On Investment Forum  Network of Angel Organizations – Ontario (NAO-Ontario) is now accepting applications from small businesses and start-ups that have received previous rounds of investment for an opportunity to pitch at Ontario’s Follow-On Investment Forum on Monday, May 26th in Toronto.  Companies selected through the application process will have…

Ontario Government Grants: Investing in Business Innovation – Angel Networks

Ontario Government Grants: Investing in Business Innovation – Angel Networks

The Investing in Business Innovation (IBI) Ontario government grants program for Angel Networks offers entrepreneurial support and financing to help new Ontario businesses to grow and succeed.  IBI government grants and loans Ontario are funded through The Federal Economic Development Agency for Southern Ontario (FedDev Ontario). Government Grants Ontario for Angel Networks: Details Funding Amount:…

Investing in Business Innovation: Not-for-Profits

Investing in Business Innovation: Not-for-Profits

The 2014 Federal Budget pledged continuing support for through the Economic Action Plan’s Southern Ontario Prosperity Initiatives, which includes Investing in Business Innovation (IBI) Canadian business grants. IBI’s Not-for-Profit stream will fund up to 100% of project costs to a maximum of $20 million. Investing in Business Innovation (IBI) –Success Story Communitech Corporation out of…

Loans for Southern Ontario Businesses: Investing in Business Innovation

Loans for Southern Ontario Businesses: Investing in Business Innovation

The Investing in Business Innovation (IBI) loans program is administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The program is aimed at providing mentorship and entrepreneurial support to help new businesses grow and succeed, supporting the success of new businesses, and strengthening of angel networks while increasing availability of investment capital….

Investing in Business Innovation: Loans for Southern Ontario Early Stage Businesses

Investing in Business Innovation: Loans for Southern Ontario Early Stage Businesses

The Federal Agency of Economic Development for Southern Ontario (FedDev) operates the Investing in Business Innovation (IBI) as a part of the $530 million Southern Ontario Prosperity Initiatives (SOPIs).  IBI provides mentorship and entrepreneurial support to help new businesses grow and succeed. IBI small business loans support the success of new businesses in developing globally-competitive…

Small Business Loans Ontario:  Investing in Business Innovation (IBI)

Small Business Loans Ontario: Investing in Business Innovation (IBI)

Investing in Business Innovation (IBI) small business loans Ontario program is run by FedDev Ontario with the aim of assisting start-up in the commercialization of new products, processes, and practices. For businesses that are having difficulty moving past the initial hurdles of commercialization, the IBI Canadian government funding for small business will accelerate the commercialization process through…

Canadian Government Funding Supports Innovation in Waterloo Region

Canadian Government Funding Supports Innovation in Waterloo Region

Communitech Corporation is receiving a Canadian government funding for small business contribution of up to $6.4 million through FedDev Ontario’s Technology Development Program to construct two next-generation satellites.  Members of Parliament for Kitchener Centre and Kitchener-Waterloo were on-hand, on behalf of Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario)…

Why Innovators Don’t Respect their Teachers

Why Innovators Don’t Respect their Teachers

In an interview with Chris Mooney, the world-renowned astrophysicist Neil Degrasse Tyson discussed the problem of sub-standard results among math & science students in America.   During their conversation, Tyson was asked to consider why it is that despite average American students having poorer grades in math & science they are still more likely than their Asian…

Canadian Government Funding:  Investing in Business Innovation (IBI)

Canadian Government Funding: Investing in Business Innovation (IBI)

The aim of the Investing in Business Innovation (IBI) is for stimulating and leveraging private sector investments to serve the development and late-stage commercialization challenges of start-up businesses. This government funding for business will provide support of up to $1M in repayable loan funding at 0% interest, covering approximately 33.3% of expenses related to commercializing new products, practices…