Earlier this summer, Communitech introduced the HYPERDRIVE program to help technology startups experience a new innovative avenue to scale their businesses faster and achieve market success. HYPERDRIVE is a $30M+ technology startup incubator program and is open to any business around the world. Communitech is one of Ontario’s Regional Innovation Centres (RIC), which helps distribute…
The Southern Ontario Fund for Investment in Innovation (SOFII), a Canadian government funding program, was first showcased in a blog in early July 2012. FedDev Ontario announced that this $20M investment, funded by their Prosperity Initiative, would support SME’s across Southern Ontario. The Canadian Government Funding program is  divided into two regional areas with involvement…
The Broader Public Sector Investment Funds initiative aims to increase the amount of Ontario foods purchased through municipal, university, school and hospital food services. This Canadian government funding program will encourage these institutions, Ontario producers and partners along the public sector food service value chain to be more creative, resourceful and ambitious in order to…
Large R&D projects carry many demanding requirements with them. Large budget, human resources, and capital resources can all become barriers to any large-scale research project. This not only hurts the company’s growth potential, but also holds back the advancement of the industry and cripples innovation. NSERC has developed the Strategic Network Grants to help fund…
Please Note: Many of the programs listed in this article have closed since the blog’s original posting. To explore Canadian government funding programs currently available, please browse our small business funding directory. Operations managers of energy companies are constantly looking for ways to reduce costs and maximize operational efficiencies within their companies. The following seven…
The CME have released an update on available funding for 2011 – the Provincial Government of Ontario has decided not to recapitalize funding of the program in 2011 after the $4.2M that was awarded in February 2011. The dedicated funds will instead be utilized to eliminate deficit and bolster healthcare and education. It is not…
The downturn of the economy has wreaked havoc on many small businesses’ cash budgets. Technology companies that invest in research and development of new innovations are finding it harder to bring their advancements to market due to these financial constraints. Fortunately, The Ontario Ministry of Research and Innovation has created the Innovation Demonstration Fund (IDF)…