Accessing government grants and loans is not an easy process, but it can be made easier and more beneficial by using funding strategies. These strategies, or ‘approaches’ can be used throughout the government funding process, including the planning, writing, submission, and reporting stages. If done properly, these techniques will help optimize the value received from…
Businesses can take several different approaches when applying for Canadian government funding. Some companies develop and submit applications internally, while other firms voluntarily opt to receive external support throughout the funding process. Either application method can lead to a successful small business funding outcome, but understanding the differences between each will help promote a better…
Canadian government funding is a powerful resource that helps action-oriented companies respond to market opportunities. It offers the potential for financial support towards project-related expenses that lead meet the government funding program’s objectives such as accessing new markets, developing innovative products, and improving productivity, among others. When used strategically, it can greatly improve a business…
Manitoba’s diverse economy offers extensive opportunities for business growth. One of the reasons for this is that the Provincial Government of Manitoba encourages new, large-scale business investments with lucrative government grants and loans for businesses. This access to capital provides organizations a unique incentive for expanding their business in Manitoba. The Manitoba Industrial Opportunities Program…
Jet planes were always something that amazed me growing up. Taking a giant metal ship and make it soar through the sky at 1,000 km/h by burning dinosaur remains was undeniably cool. I was far from alone in this method of thinking; in Ontario aerospace is a big deal. The Ontario aerospace sector, despite what…
The Canada-Alberta Job Grant (CAJG) is a small business grant providing businesses with grants to train their employees. Companies can offset third-party training costs by up to 66%, enabling employers to develop a more skilled workforce. As of June 2016, more than $29 million in funding has been claimed by Canada-Alberta Job Grant applicants. Over…
Treasure Mills Inc. has been recently announced as recipients of the Growing Forward 2 Ontario government funding program. The company will leverage up to $100,000 in Ontario small business grants to purchase/install automated baking and washing equipment while also improving their drainage and refrigeration systems. The Aurora, Ontario food processor is the latest of many…
British Columbia is emerging as a national leader for innovative technology development within the agricultural industry. To stimulate this growth, the federal and B.C. provincial government have partnered to provide grants to businesses, industry associations, and non-profits who are commercializing or adopting innovative products, processes, or technologies for use in the agri-food industry. The Canada-BC…
Proactive small business owners and executives are beginning to fill their calendars for the month, however should keep some space for the following small business events. Across Ontario, business leaders can network with other industry professionals and visit live events to develop greater perspective on key industry issues. Mentor Works’ government funding professionals will be…
Provinces and territories are working with the Canadian government to develop a low-carbon economy. The federal government’s current strategy is to let provinces develop a plan for how they will achieve individualized carbon-reduction goals. This regional approach, as opposed to a ‘one size fits all’ model helps provinces develop a tailored plan that respects industries…