eBridge Software was in need of financing to help with training of their development team, market development in the United States, research and development in product design, and development of new innovation software tools. These were significant undertakings that needed funding support beyond what the company could provide for themselves, so they pursued government funding…
The CME have released an update on available funding for 2011 – the Provincial Government of Ontario has decided not to recapitalize funding of the program in 2011 after the $4.2M that was awarded in February 2011. The dedicated funds will instead be utilized to eliminate deficit and bolster healthcare and education. It is not…
This client spotlight will feature an internationally successful luggage company looking to grow their operations in Canada. Rimowa Luggage reached out to Mentor Works for assistance in securing growth funds in the form of government financing. After determining what assistance Rimowa was eligible for, Bernadeen and Mentor Works applied for the FedDev Ontario’s Applied Research…
The Government of Ontario is providing funding to technology companies in the province to help grow economically sustainable companies and creating high-value jobs. Technology companies and entrepreneurs should consider this funding as a great opportunity to grow their business without increasing their debt. What is the IAF? Provided by MaRS, the IAF is a government…
The downturn of the economy has wreaked havoc on many small businesses’ cash budgets. Technology companies that invest in research and development of new innovations are finding it harder to bring their advancements to market due to these financial constraints. Fortunately, The Ontario Ministry of Research and Innovation has created the Innovation Demonstration Fund (IDF)…
How to Benefit from the Ontario Interactive Digital Media Tax Credit (OIDMTC) If you are an Ontario business that developed interactive digital media products, the OIDMTC can assist you with labour, marketing and distribution expenditures. Is My Company Eligible? Canadian companies that develop eligible products at a permanent Ontario establishment and file an Ontario tax…
Research and Development Support – Hiring Graduates Ontario Centres of Excellence offers support for Ontario Businesses to hire knowledgeable and highly skilled graduates from Ontario Colleges and Universities and the application process is open. The Provincially funded program provides employment opportunities to graduates with research and development expertise to bring results in developing new services,…
The Small Business Internship Program The best option with regard to hiring for a marketing graduate through government funding is with Industry Canada’s SBIP. The Small Business Internship Program provides small and medium-sized enterprises financial support to hire a post secondary student intern to assist them in their adoption of e-business strategies to increase their…
There have been countless studies on personality types and how they relate to performance under various job types. An extraverted individual will likely perform better selling real estate than writing tax returns. That is not to say that an employee cannot complete tasks outside of their comfort zone. But, if their employee effectively identifies their…
From experience, I receive frequent requests for professional service providers that support high value services for expansion efforts after the early start-up stage is behind us. These services include accounting, banking, legal, financing leasing options, commercial property or leased space and insurance plans for protection of our growth. Perhaps your expansion plans may require you…