Canadian Small Business Trends: Fall 2017

Canadian Small Businesses Trends: Optimism in Fall 2017

The Bank of Canada’s Business Outlook Survey is a quarterly summary of interviews conducted between the bank and approximately 100 senior managers from businesses across Canada. The report’s purpose is to gather the perspectives of business leaders on topics such as demand, capacity pressures, and other economic indicators. Although it is a small sample size,…

Jobs and Prosperity Fund Awards $8.25M Grant

Jobs and Prosperity Fund Awards Apotex +$8M in Grants

The Government of Ontario has awarded Apotex Inc. over $8.2 million in small business grants to invest in new technologies and increase product lines. Ontario government funding will help the manufacturer become more productive and offer high quality medicines at an affordable price. The contribution will be provided through the Jobs and Prosperity Fund (JPF),…

Qualify for the Ontario Scale-Up Vouchers Program

Ontario Scale-Up Vouchers Program: Qualify for Growth Coach Funding

Please Note: The Scale-Up Vouchers Program is closed and no longer accepts applications. Please explore more business expansion funding opportunities. The Ontario Scale-Up Vouchers Program was created to offer small business funding support to high-growth businesses in order to fuel further growth and scalability. The goal of the program is to support the development of…

Southwestern Ontario Development Fund Awards $1.8M in Grants

Southwestern Ontario Development Fund Awards $1.8M in Business Expansion Grants

The Government of Ontario has awarded over $1.8 million in government grants to support two large-scale business expansion projects in Welland, Ontario. The investment will allow Hydac Corporation and Northern Gold Foods to grow their operations and provide a greater contribution to the local economy. The manufacturers will receive funding through the Southwestern Ontario Development…

Ontario Exporters Fund: Export Development Grants

Export Manager Program: Qualify for Export Manager Hiring Grants

Please Note: The Export Manager Program is now closed and not accepting further applications. For trade show grants and other forms of export support, please visit our page on Business and Export Expansion Funding Programs. The Export Manager Program is an Ontario government funding program designed to help small and medium-sized businesses hire an Export…

Western Innovation Initiative: Technology Funding

Western Innovation Initiative: Product Development Funding

Moving new and innovative technologies from research and development to the marketplace is not an easy process. Along the way, innovators need to formalize a commercialization strategy – requiring significant capital and human resource expenses. Yet for many Western Canadian businesses, pre-commercialization funding gaps are the main cause for products and services being delayed or…

Southern Ontario Fund for Investment in Innovation (SOFII)

Southern Ontario Fund for Investment in Innovation (SOFII): Small Business Loans

To accelerate the growth of innovative small and medium sized businesses in Ontario, the federal government offers a variety of funding programs to help offset scale-up costs. Ontario small business loans help businesses address organizational challenges, create new job opportunities, and increase the company’s capabilities. The Southern Ontario Fund for Investment in Innovation (SOFII) program…

Ontario Interactive Digital Media Tax Credit

Ontario Interactive Digital Media Tax Credit

Ontario-based interactive digital media companies have many options when it comes to accessing government funding for software production projects. In addition to federal grants and incentives, the Ontario Creates (formerly OMDC) also offers provincial funding programs to extend support for innovative software development and commercialization projects. These include digital media grants and tax credits designed…

Build in Canada Innovation Program Supports Marine Tech

Build in Canada Innovation Program Supports Energy Efficient Marine Tech

In September 2017, the Government of Canada announced it would be supporting innovative Naval LED Lighting Solution fixtures designed for navy vessels. Marine Industrial Lighting Systems Ltd. has been awarded a $1M contract to replace traditional fluorescent lights on combat navy vessels with new LED fixtures. The investment will help make marine vessels conserve more…

Training Grants for Small Businesses in Ontario

$41k in Training Grants Awarded to McLean Hallmark

McLean Hallmark Insurance Group Ltd., is a Toronto-based insurance broker that provides comprehensive insurance coverage for clients throughout the Greater Toronto Area. Their ‘Solutions Beyond Insurance’ approach focuses on clients’ total cost of risk and helps them access an extensive network of resources, both internal and external, to offer professional guidance and advice on a…