Important Update: Federal Grants for Hiring of up to $20K Available

Important Update: Federal Grants for Hiring of up to $20K Available

Regardless of the outcome of the June 12th provincial election, Ontario SMEs don’t have to wait until next year’s tax season in order to benefit from creating jobs. Just over the past few weeks several Canadian business grants for hiring that offer businesses up to $20,000 in funding for creating new job for recent post-secondary…

FAQs: Investing in Business Innovation (IBI) for Not for Profits

FAQs: Investing in Business Innovation (IBI) for Not for Profits

To be eligible for Investing in Business Innovation (IBI) for not for profits one must be either a Research Innovation Centres, an incubator, accelerator, angel network, or a Community Futures Development Corporations (CFDCs) that are located in Southern Ontario. What type of funding is available from the IBI for NFPs program? The Investing in Business Innovation (IBI)…

Qualify for Funding Investing in Commercialization Partnerships (ICP)

Qualify for Funding Investing in Commercialization Partnerships (ICP)

In the fall of 2013, FedDev Ontario launched a series of new funding programs through the Southern Ontario Prosperity Initiatives (SOPIs). This five-year plan has strategic government funding programs aimed at increasing the diversity and profitability of Southern Ontario’s economy. The Investing in Commercialization Partnerships (ICP) program is focused on encouraging the development of business-led…

How to Qualify and Apply for OMDC Export Fund for Interactive Digital Media

How to Qualify and Apply for OMDC Export Fund for Interactive Digital Media

Ontario Media Development Corporation (OMDC) Ontario government grants program offers up to $12,000 in funding (up to 50% funding) to export ready companies involved in creating products in the interactive digital media field. OMDC Export Fund: Company Eligibility There are some key eligibility factors for these businesses.  The applicant company must: Have a primary business…

Growing Forward 2 Ontario Processors Project Implementation –FAQ’s

Growing Forward 2 Ontario Processors Project Implementation –FAQ’s

The Project Implementation stream of Growing Forward 2 is designed to help Processors who have completed one or more capacity building activities, move forward and solve a risk or issue that was discovered in the Capacity Building Stage. Although it is not mandatory, it is highly recommended to complete a Capacity Building project before applying…

Career Focus for Hiring Recent Grads to the Aerospace Industry

Career Focus for Hiring Recent Grads to the Aerospace Industry

Career Focus is a part of the Youth Employment Strategy and provides funding through Canadian business grants for hiring recent grads to local, regional, and national employers through eleven federal departments and agencies.  The Career Focus program helps youth transition into the labour market while increasing the supply of highly qualified workers and promoting the…

SR&ED vs IRAP: An R&D Funding Comparison & Analysis

SR&ED vs IRAP: An R&D Funding Comparison & Analysis

Innovation has been identified by the Canadian government as an area of investment to fuel economic growth and prosperity. Thus, several research and development grants, loans, and tax credit are offered through the government to help promote innovation from Canadian-based corporations. It is important that Canadian SMEs understand the best application of various R&D funding…

Agriculture Funding: Canadian Agricultural Adaptation Program (CAAP) Renewed

Agriculture Funding: Canadian Agricultural Adaptation Program (CAAP) Renewed

Agriculture Minister Gerry Ritz announced the re-launch of a legacy agricultural funding program called the Canadian Agricultural Adaptation Program, or “CAAP.” CAAP Canadian government grants are provided through Agriculture and Agri-Food Canada (AAFC), who is now accepting applications on a continuous basis until the $50 million set aside for the 5 year program has been…

FAQs: Investing in Business Growth and Productivity for SMEs

FAQs: Investing in Business Growth and Productivity for SMEs

IBGP stands for Investing in Business Growth and Productivity. The program has two streams of funding available. One for small and medium sized businesses (SMEs) and one for not-for-profits(NFPs). This article provides additional information on the Ontario government grants program for SME’s. What is the Purpose of IBGP Ontario government grants and loans? The funding…

IRAP Mid-size Projects through IRAP

IRAP Mid-size Projects through IRAP

The National Research Council of Canada (NRC) provides Canadian government funding opportunities to small businesses looking to develop or implement innovative technologies and processes. The Canadian grant funding program provided through NRC is called the Industrial Research Assistance Program or “IRAP”. IRAP offers funding for various sizes of projects with the IRAP Midsize project funding…