Three manufacturers in Cambridge, Ontario have been announced as recipients of the Southwestern Ontario Development Fund (SWODF). Nearly $2 million will be allocated between these businesses, which is expected to create 130 long-term jobs, while maintaining 476 current positions over the next four years. Each manufacturer will leverage these funds for strategic projects including facility…
Last week I wrote Part 1 of Downsizing: How to Optimize your Living Space, which explained trends in increasing living space per person. This trend was inconsistent with a reducing household headcount and flat-line house building costs, creating an excess in living space not seen in other countries. The solution to this issue, unfortunately, is…
Canadian small and mid-sized businesses (SMEs) are often the drivers of industry change, developing innovative solutions to complex problems. These solutions can increase productivity, reduce technical barriers, and provide new capabilities that expand product and service offerings. However, for many small businesses in Canada, a lack of resources restricts the amount of research, development, and…
Funded by the Ontario Ministry of Agriculture, Food, and Rural Affairs (OMAFRA), the Growing Forward 2 (GF2) Ontario government funding program was created to support food processors, producers, and organizations/collaborations across the province. These Ontario government grants seek to encourage innovation, tackle key industry issues, increase market access, and grow the profits of Ontario food…
The Greenbelt Fund is an Ontario not-for-profit (NFP) organization which works with a variety of food producers, processors, and government organizations to increase the amount of locally grown and processed food options available to Ontario consumers. In doing so, Greenbelt Fund has provided Ontario government funding to over 111 projects which has assisted in more…
Small businesses often face technological hurdles which impede their ability to grow. Two of the most common growth challenges include developing and maintaining a profitable e-commerce presence and developing and testing innovative products or technologies. Small businesses often lack the technical expertise or access to facilities which make projects like these possible. As a result,…
The Ontario Trillium Foundation (OTF) is a Government of Ontario agency that provides funding to organizations to support community growth. For more than 30 years, OTF has been awarding funding for the development and sustainability of strong communities in Ontario, and continues to do so by releasing over $110 million in Ontario government grants annually….
Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. Southern Ontario businesses have a variety of options available to assist with business expansion and growth initiatives. One of the most popular choices for small and mid-sized companies in the region is FedDev Ontario’s 0% interest small business loan, Investing in…
Essar Steel Algoma is a northern Ontario steel manufacturer operating from Sault Ste. Marie, Ontario. Their products, including rolled sheet and plate metal, service customers in a variety of automotive, manufacturing, construction, and energy industries. Essar Steel has recently been announced as the recipients of $60 million in Canadian government funding, which will provide capital…
The Government of Ontario has dedicated up to $1,000,000 in Ontario government grants to aid the City of Peterborough. This Ontario government funding will be part of the $4,153,700 airport expansion project, which will invest in infrastructure, facility upgrades, and facility expansions for Peterborough Airport. This Ontario government grant investment aims to strengthen the aerospace…