According to a recent report from PwC, nearly 50% of all small businesses do not leverage any government funding sources. At the same time, their research shows that access to funding is a key barrier to business growth. For many SMEs obtaining funding is out of reach for a variety of reasons – companies may…
Conestoga College’s Institute of Food Processing Technology (IFPT) is a food manufacturing research and training centre located on Conestoga College’s Cambridge, Ontario campus. IFPT enables the training and development of a skilled workforce and intelligent companies by providing a modern training facility for students and businesses in the food and beverage industry. On September 29…
This summer I had the privilege of walking Glen Abbey Golf Course in Oakville, Ontario during the final round of the Canadian Open golf tournament. My second time being on the course, I was immediately taken back by the stunning landscape, the peaceful chirp of birds, and being surrounded by some of the best golfers…
The global clean technology (cleantech) industry continues to grow annually and is currently valued at over $1 trillion CAD. Canadian exports contribute over one percent of this total market. Of the cleantech companies established within Canada, the number who export has risen dramatically by 17% in the last two years alone. Still, the country’s market…
The food and beverage industry across Ontario is rapidly changing and must adapt to handle many unique challenges. At the forefront of these challenges is water scarcity which will continue to become a larger problem for the sector in years and decades to come. BLOOM, an organization dedicated to managing risk and delivering economic, environmental…
As discussed in an earlier post, the Government of Canada is committed to strengthening trade across provincial borders. Many small businesses face similar, if not higher, barriers to expanding across Canada as they do when trying to expand internationally. Many businesses find the barriers to international trade (especially to the United States) easier to overcome…
Innovation Factory is a Regional Innovation Centre (RIC) which assists startups and SMEs in the Greater Hamilton Area by helping them bring innovation to market and get their business to the ‘next level’ of excellence. Startups as well as established businesses can benefit from Innovation Factory’s resources which help to strategically build innovation into their…
Whether your business currently exports or has identified that you would like to expand into foreign markets, you know that there is exceptional potential for Canadian businesses to grow all over the world. The Canadian economy is heavily affected by international trade – with 1 in 5 Canadian jobs directly tied to exporting, the ability…
Business innovation in Canada has remained stalled in comparison to other developed and developing nations. The Canadian government has invested nearly $25 billion in federal government grants, loans, and tax incentives between 2006 and 2014 to support innovation in Canada, however this strong funding support is still evolving to be better utilized by industry. Compared…
It seems that in the last few years, society has introduced more new ways to interact with technology than ever before. The origin of the computer keyboard can be traced back to the invention of the typewriter by Christopher Latham Sholes in 1868. This was followed by the computer mouse in 1964, and the first…