![[EVENT] Jan 22, 2019: Government Funding & Equipment Financing Solutions](https://www.mentorworks.ca/wp-content/uploads/2021/01/bigstock-Business-Man-Financial-Inspect-172266968-1.jpg)
To overcome growth challenges, businesses should consider using a combination of equity, bank financing, and government funding. Each source of investment capital supports aggressive but sustainable growth plans and enables companies to act on emerging market opportunities. Fortunately, GTA-based businesses can learn more about Canadian and Ontario government funding by attending an upcoming financing solutions…
Leadership in business requires a trio of qualities: character, competence, and commitment. This is why excellent employees do not always transition to become good managers; while they may be competent and perform job duties to a high standard, their character qualities prevent them from excelling when managing or working with others. Businesses traditionally focus on…
Less than 16% of Canadian small and medium-sized businesses are women-owned, yet the full and equal involvement of women in the economy is essential to Canada’s competitiveness. The Women Entrepreneurship Knowledge Hub (WEKH) is an initiative funded through Budget 2018 that aims to reduce financial and knowledge barriers among women entrepreneurs. To grow women’s entrepreneurship…
Canada is actively transitioning to a low-carbon economy, and accelerating the accessibility and affordability of sustainable aviation fuel is an important factor in this mission. While other methods of transportation are moving to alternate energy sources sources (e.g. electric vehicles), aircrafts still require liquid fuels. The aviation industry has a goal of carbon neutral growth…
The Bioenterprise Corporation is Canada’s leading agricultural technology commercialization accelerator, dedicated to transforming cutting-edge innovations into commercial success. The company provides strategic connectivity, industry and technical expertise, and customized business advisory services to help advance innovative agri-businesses. Bioenterprise has recently received Ontario government funding which will allow them to increase the support they provide to…
Canada’s dairy industry has been a focal point of numerous recent trade agreements including the Canada-US-Mexico Agreement (CUSMA) and Canada-European Union Comprehensive Economic Trade Agreement (CETA). Negotiations for each required the federal government to open the domestic market to international dairy processors, a move which is putting financial pressure on many Canadian dairy processors. Fortunately,…
Alberta Innovates’ Product Demonstration Program (PDP) funds cooperative prototype demonstration activities between two or more businesses. It helps innovators overcome the commercialization gap by working directly with an interested buyer or distributor of the technology to showcase, test, and verify its performance in an operational setting. The Product Demonstration Program awards Alberta businesses with up…
Ranovus, headquarted in Ottawa with operations in the United States and Germany, develops and manufactures advanced connectivity solutions for the telecommunications and information technology industries. The company has recently received Canadian government funding to support the construction of a new advanced manufacturing facility in Ottawa. Ranovus has received $20,000,000 in funding for energy-saving technology through…
The government of Canada is continuing to invest in advanced technologies throughout the country in efforts to bring innovative products, processes, and services to market. Recently, 17 organizations in British Columbia have been awarded funding for innovation, which they will use to develop, advance, and commercialize their products and services. This support will help BC…
Southern Ontario is home to many of Canada’s most innovative and globally-oriented businesses. But while significant growth potential exists within the region, it’s often difficult for companies to make large-scale investments in productivity-boosting technologies. Despite the long-term benefits of adopting or adapting technology, upfront project costs can impact cash flow and make these types of…