Recently, the Canadian Government announced a plan to update the Agreement on Internal Trade. The Agreement came into force in 1995 with the goal of reducing “…barriers to the free movement of persons, goods, services, and investment within Canada and to establish an open, efficient, and stable domestic market.” Since coming into effect, Industry Canada…
The Western Economic Diversification Canada (WD) is supporting SMEs looking to move their innovative technologies through the later stages of R&D and into the marketplace. The program will succeed in this objective by providing repayable contributions to SMEs through the Western Innovation Initiative (WINN) small business loans program. Of the funding provided through WINN, 20 percent…
May 2016 Program Update: Businesses seeking wage subsidies for new graduate hires should access Mentor Works’ free Wage Subsidy Identifier tool to be provided with the most accurate funding information. New programs are available to hire recent graduates; ensure that your business is capitalizing on these funds effectively by providing information on your business and job…
The Canada-Ontario Job Grant (COJG) is a small business grant that provides businesses with funding for training their employees. Businesses can obtain up to $10,000 per employee to cover 66.67% of training costs. Businesses can apply for funding for existing employees as well as new hires. The Canada-Ontario Job Grant is a training grant program,…
“CBaSE,” the University of Guelph’s College of Business and Economics, attracts students with a social conscience and a commitment to overcoming challenge to lead in a sustainable world. Running successfully for the past 5 years, the CBaSE Applied Community Project course has been giving senior undergraduate students the opportunity to earn a course credit while…
The National Research Council of Canada (NRC) offers one of the most generous funding for hiring opportunities available for innovative small and medium-sized businesses in Canada. The funding program is called the Youth Employment Program (YEP) and it is administered through the Industrial Research Assistance Program (IRAP). IRAP Youth Employment Program (YEP) Canadian Business Grants…
Similar to the Strategic Aerospace and Defense Initiative (SADI), the Technology Demonstration Program (TDP) offers funding for large-scale technology projects in the Aerospace and Defense (A&D) industry. The TDP, however, offers funding as a non-repayable contribution to support project completion. The program supports original equipment manufacturers (OEMs) and tier 1 suppliers in complex technology demonstration…
The Community Futures Program provides existing small businesses and start-ups with up to $150,000 in financing to support growth, job creation, and regional economic diversification. This Ontario government funding program is administered by the 61 Community Futures Development Corporations (CFDCs) across Ontario. FedDev Ontario serves Southern and Eastern Ontario through 37 regional CFDC offices, and…
One of the most common questions we hear from business owners is, “How can I work with you?” In case you have yet to join us for a free government funding workshop or webinar, this article will aim to answer that question. Mentor Works helps you to realize the potential of government incentives, select the…
MaRS Embark Funding is a wage subsidy offered through MaRS and your local Regional Innovation Centre (RIC). Embark offers up to $20,000 in funding to hire a young professional (between the ages of 22-29) for a business role who will work with the venture to help reach specific goals or milestones. The business is required…