Ontario-China Research & Innovation Fund Update

New rounds of funding proposals are being accepted by the Ministry of Economic Development and Innovation for the Ontario-China Research and Innovation Fund (OCRIF). The upcoming round of Ontario government funding for research and development will act as a cost-sharing program and provide up to $250,000 dollars to Canadian researchers per project. The project costs…

Canadian Innovation Commercialization Program (CICP)

The Canadian Government has begun a new initiative to foster innovation and commercialization for the Canadian business sector. The Canadian government funding program is a $40 million dollar Canadian Government procurement and acquisition program called the Canadian Innovation and Commercialization Program (CICP).  This business funding initiative will not act directly as a business funding grant;…

Canada’s Technology Triangle (CTT)

Canada’s Technology Triangle (CTT) is a non-profit organization that looks to attract foreign investors and business opportunities to the Kitchener-Waterloo Region. We have previously talked about CTT’s Business Expansion Objectives; however, we did not completely cover all of the Canada Technology Triangle’s beneficial attributes. The CTT offers a wide variety of other services and valuable…

CME SMART Prosperity Now Ontario Business Grant: Now Open

The CME SMART Prosperity Now program is now accepting applications for small business funding grants through the CME SMART Prosperity Now Online Application. This recent Ontario business grant has replaced the previous funding mechanism, CME SMART, and now has new requirements for funding eligibility as mentioned in our previous blog CME SMART Prosperity Now. In…

Ontario-China Research and Innovation Fund (OCRIF)

New rounds of funding proposals are being accepted by the Ministry of Economic Development and Innovation for the Ontario-China Research and Innovation Fund (OCRIF). The upcoming round of government funding for research and development will act as a cost-sharing program and provide up to $500,000 dollars per project. The project costs will be shared 50:50…

Valuable Business Tools for Small Business Expansion

Canadian SMEs have a wide variety of useful business tools at their disposal to help them circumvent the potential barriers to their growth. Some of these business tools can be provided to businesses free of charge through the use of Canadian government grants. The government provides a large number of services to encourage Canadian businesses…

Low Interest Loans for ICT Purchases – BDC

Canadian SMEs are now at a state of corporate culture where almost every business must possess some type of hardware and software relating to Information and Communications Technologies (ICT). However, the constant development of new technologies causes businesses to have to compete with one another by investing in new information technologies and software systems that…

York Tech Alliance Seminar – SmartGrid Informational Session

The York Tech Alliance has an upcoming breakfast seminar in regards to Ontario’s implementation of SmartGrid technologies for power distribution and regulation. The event will host guest speakers from PowerStream to discuss their Government Funded development of the “Smarter Grid”, and how it would promise to meet the needs of the businesses and consumers in…

Canadian Government Funding Process – MITACS Enterprise

At the moment, one of our most popular government funding programs regarding the hiring of new talent is the MITACS Enterprise Program. This is a 6-month internship program that would give post-secondary graduates or Masters students/graduates in the science, technical, engineering, and math (STEM) disciplines a chance to gain valuable skills and experience by working…

Ontario Research and Development Tax Credits for Small Businesses

Small Businesses in Canada operate with a wide variety of options to choose from regarding government incentives for Scientific Research and Experimental Development Programs (SR&ED). The government realizes the potential benefits of R&D projects along with the risks and costs associated with it. Therefore, the Canadian Government has released various tax credits which can be…