What can a risk manager learn from today’s major recalls and the large amount of media attention they attract? For consumer goods manufacturers and distributors, it serves as a wake-up call to the impact of a product recall event and a lesson in what should be done now to prepare for potential exposures. Despite recall…
A major component showcased in the 2018 Federal Budget announcement, the Women Entrepreneurship Strategy (WES) is devoting nearly $2 billion to helping women grow their businesses through expertise, access to financing, and talent. This strategy is assisting the Canadian government in achieving its goal of doubling the number of majority women-owned businesses by 2025, as…
![[WEBINAR] May 16: Diversifying into New Sectors and Markets](https://www.mentorworks.ca/wp-content/uploads/2021/01/bigstock-Global-Partners-Graphic-Use-Fo-76425008.jpg)
Canadian businesses are fortunate when it comes to exporting and trade diversification, since the federal and provincial governments support a wide range of strategic projects focused on building export capacity and reaching/expanding international markets. Over the next five years, the Government of Canada has committed $1.1 billion to help Canadian companies access new international markets….
MDA LaunchPad is an exciting new research and development program for Canadian technology developers. It enables small and medium-sized businesses to partner with MDA, a Maxar Technologies company, to work collaboratively on projects that build and grow Canada’s space and defence industry. MDA LaunchPad seeks a wide range of research and development partnerships that lead…
Businesses rarely remain competitive with the same product offering they’ve always offered. In these rare cases, companies operate in a unique niche that presents high barriers to entry (capital, expertise, IP, etc.), and benefit from a low-to-no competition environment. No considerations need to be provided for the product life cycle since competitive forces are not…
Questions about setting your ingress gateway at the edge/proxy to service mesh? IRAP funding could help. Moving data structures to an event-driven architecture? You might want IRAP funding. If you have a technology product or service solution to commercialize, you are probably the ideal applicant for NRC-IRAP government funding. This webinar will explore the larger…
The Request for Proposal (RFP) (also known as Request for Quotation) process is a very common way for the Canadian government to procure products and services from private suppliers. The federal government has recently increased procurement opportunities for Canadian businesses, and several funding programs have shifted towards gated applications and the procurement process to ensure…
Consider this scenario: A customer asks your company to manufacture a part according to certain specifications, which were outlined in a contract. He needs to add the part to his product and ship it to his customers by a set deadline. Your company creates the part, but due to an error that occurs during the…
Ontario’s first budget under the Conservative government offers an array of measures designed to help businesses. Through tax incentives and the potential for new and modernized government grants and loans, there are many direct financial incentives worth discovering. Other considerations supporting the business community include lower hydro rates, reduction of regulatory “red tape,” freezing the…
![[EVENT] April 25, 2019 in Markham: Financing Solutions for Strategic Business Growth](https://www.mentorworks.ca/wp-content/uploads/2021/01/bigstock-Teamwork-For-Success-91531910-2.jpg)
To overcome growth challenges, businesses should use a combination of equity, bank financing, and government funding. Each source of investment capital supports aggressive but sustainable growth plans and enables companies to act on emerging market opportunities. Fortunately, businesses can learn more about Canadian and Ontario government funding to support business growth by attending an upcoming…