In the winter of 2013, FedDev Ontario announced the launch of the Investing in Business Innovation. The goal of the program is to assist early-stage businesses in addressing challenges to growth and product commercialization. Funding from IBI is dispersed as a 0% interest loan and supports projects up to two years in length. Projects should…
Biotechnology is nearly a $90 billion industry in Canada, and growing. Canadian companies are stepping into the forefront of biotechnology through their development of life-saving vaccines and innovative medicines, while also reinvigorating traditional industries. As the world continues to depend on innovative solutions, Canada is playing an active role in developing more efficient and effective…
There are several options for companies engaged in developing interactive digital media products in Canada, including: Ontario government grants, Canadian small business loans, and both national & provincial tax credits. It is important to understand the difference between these funding instruments in order to maximize a digital media firm’s funding potential while improving project scope,…
The Northern Ontario Heritage Fund Corporation (NOHFC) offers a variety of grants for businesses located in, or expanding to Northern Ontario. The Business Expansion Projects funding program offers financial support for Northern Ontario businesses looking to expand operations. How much funding does the Business Expansion Projects program provide? This grants for businesses in Northern Ontario…
If you haven’t worked in one, it’s easy to imagine that family-owned and run businesses might be characterized by a rise in conflict and power struggles. These are some of the unavoidable attributes that offer family business owners a unique set of challenges that are often difficult to solve without outside assistance. One Canadian organization…
Investing in Business Innovation for Angel Networks is operated by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) as a part of Southern Ontario Prosperity Initiatives (SOPIs). Canadian business grants offered through the Investing in Business Innovation (IBI) Program funds projects that attract investment and increase efficiency and effectiveness of investment in innovative,…
Editor’s Note: Since this article’s posting, TECTERRA funding programs have been re-launched to provide enhanced support. For details of these new funding streams, visit Mentor Works’ TECTERRA program page. TECTERRA is a not-for-profit organization that helps small and medium-sized geomatics companies in Alberta and across Canada. TECTERRA offers a wide ranges of funding opportunities including…
A third of business owners are bothered by government regulations to the point that they insist they would sooner have not gone into business in the first place. This is according to a survey performed by the Canadian Federation of Independent Business (CFIB), according to the organization’s Executive Vice President, Laura Jones. Canadian Federation of Independent Business…
The Ontario Ministry of Revenue offers a tax credit to businesses that hire post-secondary graduates to internships of 10 weeks or more. The exact amount of the tax credit varies depending on the salaries and wages paid to each co-operative education student work placement, with corporations able to claim 25 percent of eligible expenditures (30%…
Ontario-based agri-food producers can take advantage of small business government grants for agriculture offered from the Growing Forward 2 (GF2) Ontario program to implement projects that expand and grow their Ontario-based farm or production businesses. Growing Forward 2 Ontario Funding for Project Implementation The Project Implementation stream of Growing Forward 2 Ontario provides funding of…