In 2014, the Government of Ontario introduced Starter Company, a funding program that supported youth entrepreneurs. To date, the program has assisted 2,700 businesses and supported the creation of more than 3,100 jobs across the province. That iteration of the program is now closed, however, to continue supporting startup ventures
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Disclaimer: The views and opinions expressed in the following article are those of the guest author and do not necessarily represent or reflect Mentor Works Ltd.
Over the past several years, crowdfunding has grown exponentially. In fact, analysts predict the industry to grow over $300 billion by 2025. Crowdfunding has helped
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Southern Ontario is a hotbed of innovation and technology development. Despite this, few companies from the region have truly “broken through” to achieve success on a large-scale international level. This is a huge untapped opportunity for the tech startups working to improve their competitive positioning. Luckily for 30 southwestern Ontario
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Canadian manufacturers depend on innovative technologies new technologies to stay competitive. In fact, a recent survey identified that 55% of Canadian manufacturers are currently investing in technologies, while an additional 32% plan to take similar actions in the future. This is for good reason; by adopting innovative technologies, manufacturers can
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The Georgian Angel Network is a non-profit organization comprised of angel investors. The group provides expert knowledge and resources to support innovative tech startups in central Ontario.
FedDev Ontario’s Investing in Business Innovation (IBI) program recently provided the Georgian Angel Network with a $300,000 federal investment. The organization will use this
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The Canadian Digital Media Network’s CDMN Soft Landing program allows startups and small and mid-sized businesses to access new markets, collaborate with international partners, and improve global sales at reduced cost.
Eligible export expansion initiatives may receive up to $4,000 in reimbursable expenses for projects lasting up to three months. CDMN
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Every year, an average of 130,000 new Canadian small businesses are established. But despite this entrepreneurial drive, only 35% survive their first five years. While startups are critical to Canada’s innovation and overall business competitiveness, they face extreme pressure to maintain tight cash flow and survive streamlined operations.
It can be
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Developing value-added products and services is critical to Canada’s knowledge economy and competitiveness. More than ever, startups and early-stage businesses are being called on to support innovation and respond to new consumer/market preferences. Because of the rising demand for new consumer products, Canadian startups should focus on finding and establishing
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I love hockey. I love the intensity, the camaraderie, and the tradition. Growing up, hockey was, and still is, a centrepiece in my household. Many other sports bring my family together – baseball, football, the Olympics – but despite our love for watching sports, neither my sister nor I ever
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One of the greatest barriers facing early-stage, high-growth businesses is access to capital. Startups and young companies face enormous pressure when it comes to financing their business, but outside of angel investors there are few resources that can provide substantial funds to grow the business quickly.
Canadian government grants are generally
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