New rounds of funding proposals are being accepted by the Ministry of Economic Development and Innovation for the Ontario-China Research and Innovation Fund (OCRIF). The upcoming round of government funding for research and development will act as a cost-sharing program and provide up to $500,000 dollars per project. The project costs will be shared 50:50…
Canadian SMEs have a wide variety of useful business tools at their disposal to help them circumvent the potential barriers to their growth. Some of these business tools can be provided to businesses free of charge through the use of Canadian government grants. The government provides a large number of services to encourage Canadian businesses…
Canadian SMEs are now at a state of corporate culture where almost every business must possess some type of hardware and software relating to Information and Communications Technologies (ICT). However, the constant development of new technologies causes businesses to have to compete with one another by investing in new information technologies and software systems that…
The York Tech Alliance has an upcoming breakfast seminar in regards to Ontario’s implementation of SmartGrid technologies for power distribution and regulation. The event will host guest speakers from PowerStream to discuss their Government Funded development of the “Smarter Grid”, and how it would promise to meet the needs of the businesses and consumers in…
At the moment, one of our most popular government funding programs regarding the hiring of new talent is the MITACS Enterprise Program. This is a 6-month internship program that would give post-secondary graduates or Masters students/graduates in the science, technical, engineering, and math (STEM) disciplines a chance to gain valuable skills and experience by working…
Small Businesses in Canada operate with a wide variety of options to choose from regarding government incentives for Scientific Research and Experimental Development Programs (SR&ED). The government realizes the potential benefits of R&D projects along with the risks and costs associated with it. Therefore, the Canadian Government has released various tax credits which can be…
Research and Development is a costly process that will not always yield the intended returns. However, it is a necessary process to promote growth and innovation within Canadian Industries. This is why the Canada Revenue Agency (CRA) is offering the Ontario Business Research Institute Tax Credit (OBRITC). Businesses who are considered eligible will receive a…
Natural Resources Canada (NRCan) has an internship program for businesses in the natural resource sector who would like to hire a recent graduate in the science or engineering fields. The program is called the Science and Technology Internship Program and it encourages businesses to hire graduates and provide them with professional and practical work experience…
The Economic Developers Council of Ontario (EDCO) will be holding a conference at the Marriott Downtown Eaton Centre in Toronto on January 31st, 2012. This year’s conference will be an interactive symposium that is meant to prepare entrepreneurs and their employees to research, innovate, and develop solutions that will have positive impacts on their businesses…
The University of Ontario Institute of Technology (UOIT) has recently completed their Energy Systems and Nuclear Science Research Centre (ERC). The new building will provide the university with the learning environment and tools required for expansion upon their research and development efforts into alternative energy sources. UOIT is a new and innovative university located in…