There is a new contribution mechanism, for industrial businesses incorporated in Canada, with eligibility criteria on the ability of SME’s to grow and generate profits through the development and commercialization of innovative or technology-driven, new or improved products, services or processes. Here is a small list of projects that are eligible to a maximum contribution…
The second Intake of CAF provides support to SME’s in Southern Ontario through a federal loan mechanism, at zero percent for 10 years. Community Adjustment Fund will prioritize manufacturing communities that depend on a single industry and has a population of less than $250,000, and supports economic recovery and job creation. The focus is on…
Dedicated to innovation, science and technology-based companies, Global Commerce Support Program provides support for accessing funding sources from Foreign Affairs and International Trade Canada (DFAIT). The objective is to promote and enhance Canada’s international innovation efforts by pursuing collaborative opportunities through the development of partnerships in other countries and economies with the key players. Going…
IRAP and Youth Employment Program Through Canada’s Economic Action Plan, the federal government is providing additional funding to the National Research Council’s Industrial Research Assistance Program (NRC-IRAP) to enable it to temporarily expand its initiatives for small and medium-sized enterprises. NRC-IRAP will receive total additional funding of $200 million over two years, starting in 2009-2010….
As part of the Government of Canada’s Economic Action Plan to mitigate the impacts of the economic downturn, FedDev Ontario has commissioned the Wellington Waterloo Community Futures Development Corporation (WWCFDC) to receive applications for the Community Futures Rural Development Fund. This is a two-year stimulus program providing $450,000 for the region in its initial year…
To help boost Canada’s productivity through the faster adoption of newer technology, the new temporary 100-percent CCA rate will allow businesses to fully deduct the cost of eligible computers in just one year because the half-year rule will not apply. This includes for use in a business, new general-purpose electronic data processing equipment and systems…
The Canadian Youth Business Foundation (CYBF) is a national charity providing start-up mentoring, financing and business resources to help young Canadians between the ages of 18 and 34 years of age. Business start-up loans of up to $15,000 are available, with loan repayment schedules of between three and five years. Initiative Updated: $10 million of…
Here is a great spot to start to research some of the most current funding mechanisms. They include hiring programs, youth financing options, clean air – eco friendly programs and just smart stuff that you should know. If you haven’t spent time on this site – you are missing some great options to explore. Invest…
New funding mechanism to support small business, withamaximum contribution of $30,000, for the financial support of hiring a graduate. The funding must be applied to hire a recent graduate in their area expertise for business development, marketing plans or technical development
I was researching this info for local Kitchener, Waterloo and Cambridge, Ontario small business financing options and the programs related to wage subsidy. The goal was to find programs to offset training costs for new hires to support growth. Here is the list of the three best options of government subsidy programs: