In its most recent Federal budget, the Canadian Government has allocated $500M to the Canada Foundation for Innovation (CFI). The investment is one of many Federal Support Initiatives for Research and Development that were announced earlier this month in the 2012 Federal Budget. CFI provides business funding grants to support the purchasing of cutting-edge research…
The Canadian Government has announced their plan to provide research and development funding to the Canadian Institute for Advanced Research (CIFAR). The investment is one of many Canadian Government Funding Initiatives that were announced as a part of the 2012 Federal budget. CIFAR will receive approximately $10 million dollars over the next two years through…
The Canadian Government supports the aerospace, defense, space and security (A&D) industries by providing research and development funding through the Strategic Aerospace and Defense Initiative (SADI). The program offers repayable business funding grants towards the development of next generation products and services related to the A&D industries. Projects involving Collaborative Research and Development are encouraged;…
The Ontario Government has recently developed an online service directory for assisting small businesses and start-ups across all sectors. One-Source for Business is an online business application that provides direct access to useful information and industry advice for starting and operating a small business in Ontario. The directory also provides access to the latest news…
Please Note: The Small Business Internship Program is no longer available. To explore current internship grants and wage subsidies, please tell us more about your upcoming hiring needs. Industry Canada has just released their funding applications for the Small Business Internship Program (SBIP). The program provides Canadian Government funding support for small and medium-sized enterprises…
The new Federal Government budget has incorporated a number of shifts in funding for small business, with a particular focus on research and development, industry-academic collaboration, and hiring incentives. These hiring incentives include small business tax incentives for Canadian SMEs to hire new employees without experiencing an increase to their EI costs. The program is…
As of late, there has been a lot of discussion regarding the changes to the Ontarios budget for research and development funding. The Honourable Gary Goodyear announced an increase to National Research Council Canada’s Industrial Research Assistance Program (NRC-IRAP) in his 2012 budget hearing last Friday. The new budget allocates approximately $110M for 2012/2013 of…
FedDev is currently promoting their business funding grants for hiring new Science, Technology, Engineering, or Math (STEM) graduates. The program is called Graduate Enterprise Internship (GEI); however, some organizations more commonly refer to it as the iSTEM Program. The program provides funding for small business to provide wages and mentorship opportunities for young graduates in…
The Canadian Government sector, FedDev Ontario, has announced a top-up of funding to a pre-existing Ontario business grant called the Applied Research and Commercialization Initiative (ARC). The initiative is a Small Business Funding Program for Research and Development projects involving post-secondary collaboration. The program provides funding to accelerate research and development and enhance innovation and…
Canadian business grants for productivity enhancements and outside consulting are becoming increasingly popular with Ontario SMEs. These types of small business funding grants are especially useful for those in need of capital equipment or market expansion funding. There are several opportunities to receive Grant Funding for Small Business Expansion; however, these Canadian business grants are…