Another hiring program, and probably the most popular, is the Accelerate Ontario program. As Ontario’s Graduate Research Internship Program, the goal is to connect high-quality expertise from the province’s universities with Ontario businesses. The partner company contributes $7,500 and the funds are matched by Accelerate Ontario through Government Canada. The benefits to the company are…
Partnerships with SMEs & Universities/Colleges To encourage post-secondary institutions in southern Ontario to increase partnerships with SMEs and undertake pre-commercialization and applied research development expertise projects, the Federal Economic Development Agency (FedDev Ontario) have provide up to $15 million in funding to accelerate the collaboration. The greater collaboration will enhance innovation, improve productivity and competitiveness…
Using the two most popular government funding mechanisms for hiring (see previous blogs) to grow your business, it may appear complicated or too good to be true at first glance. But SMEs have great potential to expand our horizons. I recommend contacting our local Conestoga college and Ken Buitenhuis [kbuitenhuis@conestogac.on.ca] for support on how to provide small business owners…
New funding mechanism to support small business, with a maximum contribution of $30,000, for the financial support of hiring a graduate. The funding must be applied to hire a recent graduate in their area expertise for business development, marketing plans or technical development for a period of six months or greater. Through Human Resources and…
The Canada Small Business Financing Program seeks to increase the availability of loans for establishing, expanding, modernizing and improving small businesses. Under the program, a small business must apply for a loan at a financial institution (bank or credit union) of its choice. If the loan is granted by the financial institution, the federal government…
Return on Investment (ROI) is always cited at meetings before strategies are agreed to. What is the return of this product line, market segment, sales distribution network, new production equipment, marketing budget, inventory dollars or pending software program? And yet, how often do we invest or discuss in the ROI of our people – or…
New funding mechanism to support small business, with a maximum contribution of $30,000, for the financial support of hiring a graduate. The funding must be applied to hire a recent graduate in their area expertise for business development, marketing plans or technical development for a period of six months or greater. Through Human Resources and…
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. Through FEDDEV Ontario, SMEs are able to improve their position in accessing new markets to China and Hong Kong, India and the US marketplace. The EMA program will…
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. Through FedDev Ontario, small and medium sized enterprises will be able to improve their position in global markets with focus on two trade missions – one to China…
There is a new contribution mechanism, for industrial businesses incorporated in Canada, with eligibility criteria on the ability of SME’s to grow and generate profits through the development and commercialization of innovative or technology-driven, new or improved products, services or processes. Here is a small list of projects that are eligible to a maximum contribution…