How to Stack Canadian Government Grants, Tax Credits, and Loans
Learn how to stack funding from Canadian Government grants, tax credits, and loans to maximize your funding amount to get closer to 100% of a projects cost covered.
The Importance of Canadian Government Funding
Canadian government funding can offset strategic projects costs anywhere from 15-100% depending on the unique grant or loan program, helping eligible businesses to meet and exceed their objectives and targets.
When is the Right Time for Your Business to Apply for Government Funding?
Managing a new project for your business can be headache-inducing. Whether the project involves installing new equipment, hiring several co-op students, completing research and development for a new process or product, or attending international tradeshows, you need multiple resources—time, people, money—to come together for you to reach your end goals. Often what happens in the…
BioConnect Awarded Close to $4M from FedDev Ontario
BioConnect, an Ontario biometrics company, has received millions of dollars in funding from the Federal Development Agency of Ontario through the agency’s Business Scale-Up & Productivity Program (BSP). The funding will support multiple expansion projects at BioConnect, including commercializing new biometric technology and growing in new export markets. Founded in 2010, BioConnect provides biometric access…
How to Build a Proactive Funding Plan™: Offset Project Costs & Grow Your Business
Many of the businesses that Mentor Works meets have at least a general idea of the projects that they would like to complete over the next year or two—these businesses might be planning to attend a few trade shows, further develop software, or implement new production equipment, for example. Despite their careful planning, however, many…
Canadian Government Funding: Frequently Asked Questions
There are over 200 unique funding programs available to Canadian businesses. Mentor Works has been supporting Canadian businesses in accessing and securing funding for growth for over 10 years and has, to-date, secured more than $1B in total funding for our clients. Our experience and expertise has helped our clients grow, create new jobs, and…
What Do Canadian Government Grant Awardees Have in Common?
Former U.S. President Barack Obama got it exactly right: “The World Needs More Canada.” In the context of my role as a Business Funding Analyst at Mentor Works, I am reminded every day of our nation’s agricultural, technological, and manufacturing strengths as I assist Canadian SMEs in preparing their government funding application packages. Their growth…
![[EVENT] June 25: Government Funding for Business Growth Q&A](https://www.mentorworks.ca/wp-content/uploads/2021/01/bigstock-Folders-with-the-label-Applica-57270569-2.jpg)
[EVENT] June 25: Government Funding for Business Growth Q&A
Canadian government funding programs can support small businesses, large corporations, non-profits, and post-secondary research institutions. With this said, in order to access these programs, it’s crucial to understand which ones will provide the best fit for your organization’s upcoming strategic projects. Fortunately, business leaders will have the chance to ask all their government funding questions…
How to Update a Strategic Plan and Perform Course Correction
How do you implement your company’s strategic plan? When was the last time you did a pulse check to see where strategic deliverables stand? How closely aligned are employees with the broader mandate of your company? Business leaders should ask themselves these questions regularly, but many are so caught up in the ongoing demands of…
The 3 Factors That Make Your Funding Application Competitive
Accessing government funding for the first time might seem daunting without knowing how the process works. If your business is new to the funding landscape, it’s important to understand the various funding types and how to navigate the funding process. Once you’ve read up on that, it’s time to select suitable programs. To do that,…