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
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,
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
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
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
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
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
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
Proper planning is critical to accessing Canadian government funding, allowing businesses to align their projects’ timelines with funding programs’ deadlines. A common challenge among business owners is the limited internal resources available to explore government funding options and navigate the application process.
A strategy that we routinely teach business leaders about
Since 2014, a southwestern Ontario technical call centre has optimized project cash flows by leveraging Canadian government grants. The company has taken advantage of multiple growth opportunities by targeting funding programs that support workforce development. To do this, this client has integrated their strategic planning approach with funding opportunities to reduce