April appears to be a busy month for those who are looking to receive one of the soon to be released Canadian business funding grants. The federal and provincial governments begin their release of several Government Funding Grants for Small Business in April of every year. The end of the month can already seem quite…
A common barrier to innovation and productivity within Canada is the inability to access Government Funding for Research and Development. Recently an expert review panel has released a list of recommendations to simplify the research and development funding process for Canadian SMEs. These recommendations look to streamline the application process without significantly altering the actual…
Last November, the McGuinty Government proposed the introduction of several new grants for small business in Ontario to promote job creation and economic prosperity. So far, they have released several small business funding grants including the Eastern Ontario Development Fund (EODF) and Ontario-China Research Innovation Fund (OCRIF). With the relative success of these programs, the…
The Research Innovation Commercialization (RIC) Centres have recently released a new campaign of grants for small business in Ontario. The VentureStart Program looks to support Canadian entrepreneurs with innovative products or ideas for start-up businesses. VentureStart offers up to $30K in Canadian Government grants or 50% of start-up expenditures by means of a cost-sharing program….
The Community Futures Development Corporations (CFDC) is a non-profit group that supports innovative entrepreneurs and small businesses by providing low interest loans for their expansion projects. CFDC receives Canadian Government grants from FedDev to support to SMEs in rural Ontario. They focus their funds to specific rural areas by creating programs to improve and diversify…
Agriculture and Agri-Food Canada (AAFC) is accepting applications for their Agricultural Innovation Program (AIP). The program is offered through two streams depending on the project’s stage of development; (1) Industry-Led Research and Development and (2) the Commercialization Stream. Businesses may submit more than one proposal as long as projects are not related to one another….
Conestoga College has recently joined the list of post-secondary institutions that offer the Graduate Enterprise Internship Program (GEI), also known as the iSTEM Program. The program is one of several Hiring Grants for Small Business in Ontario. The GEI/iSTEM program contributes 50% of a graduate’s wages, up to $10,000 per hired candidate, for 6-month internship…
The MITACS Enterprise Program, the grant for hiring graduates, has recently received a generous contribution of $4,227,500 from the Canadian Government. These funds will be distributed to Canadian SMEs who are looking to hire a recent graduate in science, technology, engineering, and mathematics (STEM). This program is one of several Business Grants for Hiring Interns…
Situated within Canada’s Technology Triangle, Wilfrid Laurier University (WLU) is one of Canada’s most well-known universities for their provisions of high quality and innovative learning experiences. The ongoing success of their graduates is earning them a reputation as one of Canada’s leading business schools. Laurier’s impressive graduate employment rates are partially due to their ability…
It is essential for most businesses to partake in some form of research and development in order to allow their business to grow and expand into new markets. However, R&D projects often require a great deal of equipment and expertise in order to yield promising results. In some cases, Canadian SMEs do not have access…