The ecoENERGY Innovation Initiative is a new program and in the FedDev 2011 budget, the Next Phase of Canada’s Economic Action Plan. They received $97 million for a thorough suite of R&D and demostrating projects. The focus of the program is to encourage the production of technology that uses energy in a more clean and…
The Ontario Ministry of Agriculture, Food, and Rural Affairs (OMAFRA) is supporting Ontario companies in their efforts to produce new biofuel technologies through this new small business grant. The focus of this fund is to: Support the enhancement of the alternative renewable fuels industry and their products and processes; Encourage agricultural value-added opportunities in industries…
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…
In addition to the previously highlighted Buyer Financing Program by Export Development Canada, The Export Guarantee Program can help Canadian exporters by providing additional financial support for export-related activities and/or foreign investments. The available support can vary from: Up to 100% for loans where Canadian companies are making direct investments abroad Up to 90% for…
The purpose of the NSERC’s Idea to Innovation Program is to encourage the pre-competitive development of promising technology from universities and colleges and advance it’s transfer to Canadian companies. This is a grant program involving different phases. Up to $125,000 of funding is provided for phase IIa and up to $350,000 for phase IIb. This…
The Buyer Financing program is organized by Export Development Canada. EDC provides financing directly to a foreign buyer of Canadian goods and services and in these situations takes the risk of non-payment and disburses the funds directly to the company. Generally, financing is provided for up to 85 per cent of the value of the…
The Canadian Innovation Commercialization Program was designed by the Government of Canada to help businesses get started and get their innovative products and services from the lab to the marketplace. This new program, a $40 million initiative, was launched as a part of the 2010 budget to promote economic growth. The maximum value of funding…
The Business Development Bank of Canada is a crown corporation created to help grow Canadian SMEs by providing financial and consulting services that complement the private sector financial institutions. The BDC’s Marketing Expansion Loan can provide extra money for specific repayment terms for maximum flexibility. This program was designed to aid Canadian entrepreneurs in growing…
The Ontario Emerging Technologies Fund co-invests, with qualified venture capital funds and other private investors, directly into companies working within the focus areas defined by Ontario’s Innovation Agenda including clean technologies, life sciences and advanced health technolgies, digital media and information and communications technologies. The OETF is a $250 million fund that will provide a…
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…