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…
The Northern Ontario Heritage Fund Corporation (NOHFC) has recently established a Canadian government funding program for community development and infrastructure projects for Northern Ontario communities and businesses. The program funds projects that have the potential to create jobs and attract economic development opportunities to promote prosperity within those communities. Canadian Government Funding for Infrastructure Projects The…
Over the past 30 years, Conestoga College has proven itself as one of Canada’s most innovative and diverse colleges. They have a number of campuses located within Canada’s Technology Triangle including their new Engineering facility located in Kitchener just south of the 401. Each year, Conestoga awards thousands of degrees and diplomas to graduates in…
More research is being conducted by Ontario’s Medical Technology Sector through Canada’s new business funding grants. The Health Technology Commercialization Program (HTCP) is a Canadian government funding program that is administered by The Health Technology Exchange (HTX) and the Ministry of Research and Innovation (MRI). The HTX received 14.2M in funds to distribute business funding…
The Canadian Manufacturers & Exporters (CME) has just released the application forms for their new business funding grant; the SMART Prosperity Now Program. For those who are unaware, the CME Smart Prosperity Now Program is a non-repayable business funding grant that can provide up to $75,000 or 33.3% of eligible expenses and activities for manufacturing…