Mentor Works gets several calls a day from entrepreneurs and aspiring small business owners on how to get started. Their questions vary, but each one is looking to orient themselves in this space and find out what sort of government backed programs exist to support them. I have had the pleasure of working in this space…
Canadian manufacturers have a variety of financing methods to help them grow their business and increase productivity. Canadian government grants, loans, and tax incentives all provide benefits to Canadian manufacturers which helps them to strengthen operations and become more competitive globally. However, just 16% of manufacturers will be using government funding programs this year, according…
According to a 2014 release of Statistics Canada data, Canada continues to decline in its commitment to innovation. The portion of Canadian businesses investing in process innovation fell from 33.5% in 2007-2009 to 29.0% in 2010-2012. Similarly, innovative businesses in Canada fell from 76.3% to 60.1% in the same time period. This decline is alarming….
Please Note: Export Market Access is now closed and not accepting further applications. For trade show grants and other forms of export support, learn more about the CanExport program. Export Market Access (EMA) Ontario government grants assist small businesses to gain access and expand their reach in international markets. Administered by the Ontario Chamber of Commerce (OCC)…
The Canada-Ontario Job Grant (COJG) has proved to be one of the most popular government funding grants available to Ontario employers looking to train their workforce. Since its launch in September 2014, COJG has subsidized over 21,000 workers’ training plans in Ontario, improving skillsets and helping to fill the province’s most in-demand skilled labour positions….
In an attempt to boost my own personal productivity, I have committed to do the unthinkable for (at least) 3 weeks: cut the cord on Netflix. The popular online television and movie streaming service is now a major player in the entertainment industry, with over $5 billion in annual revenues, and over 65 million subscribers…
Program Update: CME SMART Advanced Technologies for Global Growth program will not be accepting applications after July 31, 2016. Please contact a Proactive Funding Planner to discuss alternate business grants for your company. The CME SMART Advanced Technologies for Global Growth (CME SMART) program is supported through funding by FedDev Ontario and supports southern Ontario manufacturers as…
The City of Toronto is one of Canada’s mega-hotbeds of economic activity and is home to some of the nation’s most driven, successful companies. Both large and small, businesses within Toronto are constantly looking for ways to improve their operations to become more efficient, innovative, and grow into the future. To assist with these business…
The economic success of London, Ontario is heavily influenced by the city’s manufacturing industry. Nearly 30,000 jobs in London are supported by advanced manufacturing, with leading organizations choosing to call the city their home. Companies such as 3M, Brose, and General Dynamics Land Systems have made a commitment to the area because of London’s favourable…
International Commercial Terms, often referred to in industry as incoterms, are internationally adopted rules and regulations used in trade documents. Incoterms are often presented in the form of acronyms, which can make it hard for new exporters to grasp the meaning behind these phrases. Learning and understanding these terms is key to being aware of…