Canada Small Business Financing Program: Loans for Business Growth

Canada Small Business Financing Program: Loans for Business Growth

Small business owners frequently face challenges when scaling their operations. With limited cash flow, most seek financial support for growth projects through banks. However, business owners are often rejected for loans and other financial products because they’re deemed a high-risk borrower. As a result, their business stays small and unable to compete with larger, more…

Budget 2016 and its Impact on the Future of Government Funding

Budget 2016 and its Impact on the Future of Government Funding

Editor’s Note: Details of the Canada Summer Jobs program are subject to change at any time; details on this page were accurate as of the posting date. To learn about current program details, please contact Mentor Works or visit canada.ca/en/employment-social-development/services/funding/youth-summer-job. The first budget tabled by a new Canadian federal government always presents a lot of interest;…

Automotive Innovation Fund (AIF): Government Funding for R&D

Automotive Innovation Fund (AIF): Government Funding for R&D

The Automotive Innovation Fund (AIF) is a government funding for research and development loan program dispersed through Industry Canada, focused on supporting Canadian businesses that help advance Canada’s capabilities in fuel-efficient automotive technologies while reducing greenhouse gases. Automotive Innovation Fund Canadian Government Funding for R&D: Background Information The Automotive Innovation Fund (AIF) began in 2008,…

Canadian Government Funding for Hiring Seasonal Employees

As the summer approaches, many businesses are currently in search of seasonal student labour to help manage their increases in market demand. The Canadian Government has offered several wage subsidies and tax incentives to encourage employers to hire students that would be planning to return to school in the fall. Provincial Wage Subsidy – Ontario…

IRAP Supports Digital Technology Adoption Pilot Program (DTAPP)

IRAP Supports Digital Technology Adoption Pilot Program (DTAPP)

Please Note: The IRAP DTAPP program is no longer available, however, other Canadian government grants may still be applicable to your project. Please contact a Government Funding Planner to evaluate current funding opportunities. Canada’s Digital Economy Strategy serves to raise awareness of the importance of seeking productivity improvements by adopting technology. By building digital skills,…

Top 6 Hiring Grants for Canadian Businesses

Any company would agree that their employees are the key to business success. A great workforce can save a struggling company and carry it to the forefront of the industry. However, human resource activities aren’t cheap. Large corporations can afford to allocate significant budgets to the hiring process, however most Canadian businesses struggle to budget…

Community Access Program (CAP) – Youth Initiatives (YI)

Coordinated by Industry Canada’s Community Access Program and funded through the Youth Employment Strategy of Canada, the Community Access Program’s Youth Initiatives aims to employ and provide opportunities for young Canadians between the ages of 15 and 30, mostly students, recent graduates, or the under-employed or unemployed. The purpose of the program is to encourage…