2024 Recap: More Than $110 Million Won to Strengthen Canadian Businesses
2024 was another successful year for our team of government funding experts at Ryan. Channeling our values of trust, integrity, and excellence into our work has yet again proved to be successful. Through a combination of long-term client partnerships and new collaborations formed in 2024, we secured more than $110 million in Canadian government funding support for our clients through various grants, loans, tax credits, and wage subsidies.
Our success in 2024 was not just about numbers, it was also about the meaningful impact we had on the lives of the business owners we partnered with. Witnessing the passion, hard work, and determination of our clients firsthand was a privilege and a driving force behind our efforts. Since 2008, Ryan has been dedicated to helping Canadian businesses navigate challenges and reduce the risks associated with strategic growth projects, as highlighted in our blogs showcasing client success stories and funding insights.
For more than 25 years, our team has been dedicated to alleviating financial constraints for businesses across Canada.
We are Canada’s largest government funding application writing and consulting team. Our experts specialize in guiding businesses through the intricate and often overwhelming world of government funding by clarifying which grants, loans, and tax credits each business qualifies for. Our team of funding specialists is dedicated to crafting top-tier applications, boosting clients’ chances of approval while ensuring a smooth and efficient process. Throughout 2024, we’ve witnessed local small and midsize enterprises (SMEs) grow their operations, create new jobs, and innovate their products and services—all made possible through the support of government funding. This is the lasting impact our team creates as we continue to reshape and advance the Canadian funding landscape.
“Ryan was very supportive in helping us apply for funding. The team was great every step of the way from connecting us with FedDev, to positioning us well, and staying connected and strategizing throughout the entire process.”
– Alex Sherrington, Chief Financial Officer, Creyos
As of January 2025, we are fully rebranded as Ryan. This transformation marks a new chapter where we combine our expertise in government funding with Ryan’s renowned capabilities in tax recovery, compliance, and consulting. Together, we’ve become a powerhouse in the Canadian business support space. Our offerings now include access to research and development (R&D) tax credits through Canada’s largest federal-funded business support program, the Scientific Research and Experimental Development (SR&ED) program. By uniting our skills and resources, we provide businesses with a comprehensive suite of services that empowers them to achieve their goals and grow sustainably.
As we close the book on 2024, we eagerly anticipate the opportunities ahead. Together, we’ve celebrated successes, tackled challenges, and strengthened our commitment to building a thriving business community.
Government Funding Won: Trends in 2024
While we have always been Canada’s number one trusted grant writers team, our breadth of expertise is now greater than ever before, and our combined efforts in 2024 have yielded remarkable results in transforming our clients’ businesses. We proudly facilitated the securing of more than $110 million in government funding through 50+ programs for our clients, working with more than 400 Canadian businesses. Among our most notable achievements are substantial awards surpassing $40 million and $20 million, from key economic support initiatives such as the Strategic Innovation Fund (SIF) and the Critical Minerals Infrastructure Fund (CMIF).
In 2024, our team helped businesses secure funding through programs focused on capital investments and technological advancement initiatives, driving productivity and innovation with cutting-edge technology. At the same time, we bolstered the Canadian job market by aiding businesses in accessing grants for hiring and training, including the Canada Job Grant (CJG), which enabled employers to upskill their workforce.
Additionally, we facilitated business growth through expansion programs such as CanExport, which supports entry into new foreign markets, and the Business Productivity Scale-Up (BSP) Program, designed to help companies scale their operations effectively. Leveraging our extensive expertise, we delivered unparalleled success in supporting businesses across Canada in achieving their goals.
2024 Government Funding Priorities: AI and Sustainability
In 2024, the Canadian government’s funding landscape was heavily focused on advancing artificial intelligence (AI) programs and promoting sustainability across all industries. AI funding initiatives took center stage, providing critical support to businesses leveraging AI technologies to enhance productivity, improve decision-making processes, and drive innovation. These programs were designed to encourage companies to adopt AI solutions, ensuring Canada remains competitive in the global technology sector.
Sustainability remained a key priority, with significant investments directed toward projects that integrate environmental, social, and governance (ESG) principles. This focus spanned industries, with the mining sector receiving substantial funding to implement sustainable practices, reduce carbon footprints, and develop cleaner technologies. Programs supporting the adoption of renewable energy, waste reduction, and sustainable resource extraction underscored Canada’s commitment to environmental stewardship.
These funding priorities reflect a broader strategy to position Canada as a leader in technological innovation and sustainability, fostering economic growth while addressing critical global challenges.
“We can help clients identify how their projects contribute to technology advancements and support government’s social and economic goals.”
– Melissa Corey, Director of Client Services
Advancing Expertise and Expanding Horizons with Ryan in 2024 and Beyond
Throughout our history, we’ve built a distinguished reputation among Canadian companies as the premier grant-writing experts. Our well-established value proposition is rooted in three core strengths within the funding process: unmatched time savings of up to 95%, strategic stacking of federal funding opportunities, and an impressive approval rate history. In 2024, we took this reputation to new heights by evolving alongside the needs of Canadian businesses. Our extensive network of Strategic Partners and Industry Associations allowed us to seamlessly navigate diverse sectors within the Canadian economy.
Our expertise not only strengthened long-term client relationships but also empowered us to confidently onboard new clients. By immersing ourselves in industry-specific policies, analyzing competitors, and engaging with suppliers, we leveraged our extensive knowledge base to provide targeted and impactful funding solutions. This year, we made a significant breakthrough in the Critical Minerals sector, showcasing our ability to adapt and deliver results in emerging industries. Our approach prioritizes not only funding opportunities but also a deep alignment with our clients’ unique goals and challenges.
Additionally, our rebranding as Ryan in January 2025 has further enriched our capabilities. By integrating Ryan’s tax expertise, we’ve enhanced our ability to assist Canadian businesses with the Scientific Research & Experimental Development (SR&ED) program and other tax credit opportunities. This transformation into a holistic, one-stop funding and tax solution ensures we provide unparalleled support to our clients.
Our comprehensive funding resources offer businesses access to essential information, guidelines, and industry insights, solidifying our role as a trusted partner in achieving their strategic goals.
Expanding Horizons: Connecting with Canadian Businesses Coast-to-Coast
In 2024, Ryan continued to expand its reach across Canada, empowering businesses with insights into government funding through engaging webinars and impactful in-person events. As the landscape of virtual engagement matured post-pandemic, we harnessed the opportunity to connect with businesses from coast to coast, delivering vital knowledge about grants, loans, and tax credits.
This year, our presence at trade shows and industry events reached new heights. Beyond mere attendance, our participation encompassed thought-provoking panel discussions, collaborative showcases, and partner-hosted events across Manitoba, Nova Scotia, Quebec, and beyond. We deepened our program relationships in Western and Atlantic Canada, introducing our funding solutions to businesses previously unaware of the opportunities available. These efforts solidified Ryan’s commitment to expanding into new industries and territories, actively pursuing growth and engagement.
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The Ryan Team of Government Funding Experts
In 2024, our team thrived, blending the expertise of seasoned consultants with the fresh perspectives of new team members. This dynamic mix fostered an environment buzzing with energy and innovation. Our consultants seamlessly transitioned from delivering insightful presentations on federal policies to crafting compelling support letters, all while deeply understanding the unique needs of our clients.
“Our consultants don’t just write; they truly embody their roles and understand the impact of their work. They are deeply invested in the funding process.”
– Melissa Corey, Director of Client Services
Our Sales team’s journey across Canada was not merely about presentations; it was about building genuine connections. These efforts nurtured trust and loyalty, sparking meaningful conversations with businesses across various industries. By the end of the year, we solidified our reputation as a trusted partner in funding success.
2024 also marked a year of exceptional collaboration across our teams. Operations, Sales, and Marketing worked as a cohesive unit, proactively aligning their efforts to meet collective goals. This synergy fostered a supportive and innovative environment, enabling us to deliver unparalleled funding solutions to our clients.
Vision for 2025: Innovation and Inclusivity
At Ryan, our adaptability and commitment to innovation set us apart. While we previously maintained strict eligibility criteria, we’ve embraced a more inclusive approach, recognizing the potential in businesses of all sizes. Automation and digital advancements have allowed smaller businesses to thrive within the funding landscape, and we are dedicated to helping them succeed.
From a funding perspective, 2024 underscored a growing emphasis on environmental impact initiatives. The Federal Fall Statement 2024 highlighted the importance of sustainability, and we are committed to helping businesses craft compelling narratives that align with these priorities. Our vision goes beyond financial support; we aim to champion projects and talent that can uplift and transform the Canadian economy.
As we broaden our client base and embrace new industries, we are excited to assist businesses in crafting growth strategies that foster resilience and progress. Our vision for the future paints a picture of a thriving Canada—a landscape rich with opportunities, innovation, and sustainable growth.
Get in touch with us today to receive funding support and learn more about our services. Download our Business Funding Guide below to prepare for opportunities in the year ahead.