Statistics Canada defines businesses with fewer than 500 employees as Small-Medium Sized Enterprises (SME), whereas firms with 500 or more employees are classified as “large” businesses.” An overwhelming number of businesses in Canada fall under the SME category, with 98% of the overall Canadian private business sector standing at less than 100 employees. As of…
The Canadian Youth Business Foundation (CYBF) is an organization that fosters youth entrepreneurship and provides resources you need to be successful. They accomplish this through building relationships with federal and provincial governments in Canada and offer coaching, mentoring, financing and business resources to aspiring young people. The CYBF’s Start-up Program provides the support that entrepreneurs need…
Ontario’s Ministry of Training, Colleges and Universities (MTCU) provides Ontario Government funding support to Canadian sectoral organizations for the planning and development of sector-based training programs. The Sector Initiatives Fund Program (SIF) is intended to support the sharing of industry best practices and improves Ontario’s competitiveness and sector capacity. Sector Initiative Fund (SIF) – Government…
FedNor, Canada’s regional development organization for Northern Ontario, offers Canadian Business Grants for SMEs looking to improve their productivity and competitiveness through the Northern Ontario Development Program (NODP). The NODP offers an Innovation Initiative, which provides repayable grant funding for businesses and research institutions to improve their research capacities and strengthen their partnership alliances. FedNor…
The regional development organization for Northern Ontario (FedNor) provides Canadian Government funding grants for small business to hire recent graduates and expand their workforce. The Youth Internship program is offered as a segment of the Northern Ontario Development Program (NODP) for accelerating the economic development of Northern Ontario Communities. FedNor Youth Internship Program – Funding…
Agriculture and Agri-Food Canada (AAFC) has been working in close proximity to the Canadian Ministers of Agriculture on discussions regarding a new five-year Growing Forward 2 policy framework to help expand hundreds of new agricultural businesses through Canadian Government grants and loans. The new agreement looks to replace the previous Growing Forward Initiative by offering…
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) has designed a program to accelerate industry innovation and create new market opportunities for southern Ontario businesses. The Technology Development Program offers Canadian Government grants to attract investment and drive interest for new market-driven opportunities that would result in the development of new breakthrough technologies….
In today’s business culture, technological innovation and rapid global expansion are driving businesses to invest more in research and development activities to give their organizations a competitive edge. The Canadian Government has recognized the importance of scientific research and experimental development (SR&ED) and has since released the SR&ED Investment Tax Credit (ITC). Canada Revenue Agency…
Canadian Youth Business Foundation (CYBF), a Canadian organization that provides entrepreneurs with business resources and mentoring offers their moMENTum program. This program offers young entrepreneurs who are not seeking financing, the opportunity to work one-on-one with a business mentor. This program is available to a limited number of young entrepreneurs in the Greater Toronto and Hamilton…
Are you a young entrepreneur, aged 18-39 and prepared to take your start-up to the next level? Does your business have national or international expansion potential? Do you have a solid business plan? The Spin Master Innovation Fund is a small business funding grant can assist with your strategic growth plans. Currently going into their…