Small businesses often have difficulty when completing Canadian government funding applications on their own. A significant time investment must be put into researching Canadian government grants and loans prior to writing a proposal, application, or other type of documentation. Failure to understand all of the program’s details could lead to the business’ application being rejected…
Earlier this month, the Alberta provincial government unveiled a new 2-year, $178-million Alberta government grants program called the Job Creation Incentive Program. Alberta Premier Rachel Rotley’s government started off the press conference by expressing their hope for an economy less dependent on oil due to plummeting oil prices and shifting contracts. The Job Creation Incentive…
Administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Investing in Business Innovation (IBI) offers small business loans to assist high growth, innovative startups and early-stage businesses in commercializing new products, processes, and technologies. Southern Ontario businesses with private funding that require additional cash flow can use IBI to help accelerate late-stage…
London, Ontario is home to several of Canada’s most successful research and development-focused manufacturing businesses. With over 30,000 citizens of London’s 366,150 inhabitants being employed in advanced manufacturing jobs, the city’s economy relies on the continued success of its manufacturing businesses. Over 700 manufacturing companies exist in London due to world-class infrastructure, close proximity to…
Growing Forward 2 Ontario (GF2) is a $400 million government initiative funded through the Government of Ontario and administered by the Ontario Ministry of Agriculture, Farming, and Rural Affairs (OMAFRA). The program has three streams tailored to address the needs of Ontario agricultural businesses, including a stream for Organizations and Collaborations. Through this specific stream,…
Most small and mid-sized enterprises (SMEs) in Canada have difficulty understanding the process of applying for government grants and loans. Between researching the Canadian government funding program they’re applying for, completing an application, and submitting it to a government agency for review, most SMEs have a difficult time investing the time and resource required to…
Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. The Investing in Business Growth & Productivity Ontario government funding program is one of the programs that make up the Southern Ontario Prosperity Initiatives (SOPI), administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The SOPI program, founded…
Many Canadians are unaware of how high youth employment rates are in the province of Ontario. As reported by Service Canada, in 2013 Ontario’s youth unemployment rate was 12.9%, much higher than the national average of 11.1%. This is one of the factors that contributed to youth being 1/3 of total migrants moving out of…
Ontario’s aerospace industry is a world leader, thanks to their commitment to continuous improvement and innovation. The industry, which employs over 17,000 people, is responsible for over $462 million in annual research and development spending and earns over $5.3 billion in revenue every year. To continue fuelling these research and development (R&D) activities, the Ontario…
Released in 2013 as a five year, $400 million agri-funding initiative, Growing Forward 2 Ontario (GF2) provides Ontario small business grants to encourage innovation, competitiveness, market development, adaptability, and industry sustainability. Agricultural and agri-food businesses can receive up to 35-50% of project costs related to innovation, strengthening supply chains, productivity, assurance systems, and other key…