Creating a plan for accessing Canadian government funding is a critical component of proper cash flow planning for small and medium-sized enterprises (SMEs). Although this is one of the most important phases of the government funding process, the variety and complexity of programs requires businesses to have accurate, up-to-date information and resources in order to…
The future of electric vehicles (EVs) are becoming increasingly clear. Battery and engine technologies are being researched and developed at record pace; this has allowed global consumer demand to increase steadily. As more consumers begin to understand the technology and feel comfortable investing in electric vehicles, the market will become dominated by this trend. This…
Technology developers understand that the most critical stage of any project is the point of commercialization. Will the technology work once a prototype is created? Can it be tested to identify potential issues? Who will buy your technology, and how much of it will they buy? The commercialization gap kills innovation in all industries and…
To stay competitive in the automotive industry, manufacturers must find innovative solutions to differentiate themselves and their products. Investing in new research and technology developments can enable both small and large manufacturing businesses to achieve higher profits, and become more competitive. In support of this ideology, Magna International Inc. has invested in the development of…
Greenhouse gas emissions (GHGs) are the leading cause of climate change, however many people have misguided perceptions about where these pollutants come from. Considerable blame is placed on businesses, (industrial companies particularly) but there are other sources of pollution that must be addressed too. Cities contribute more than 66% of global carbon emissions – this…
Among all of the crops produced by Canadian farmers, apples and greenhouse tomatoes generate some of the highest revenues. In 2015 alone, Canadian agriculture farmers earned over $230 million from apple sales and nearly $830 million from greenhouse tomatoes, each boasting strong domestic and international sales. However, pests and bacteria can pose a threat to…
In business, cash is king. Understanding how to manage your cash flow properly will save you from undue stress and ensure that you’re paid for your products or services. Meticulous cash flow management is one of the most important elements to running a strong, successful business. Cash is needed to complete new projects, pay employees,…
Canadian business owners and executives have several opportunities to learn and grow their company this month. In addition to Mentor Works’ ongoing small business funding webinars, members of our team will also be attending small business events across southern Ontario. Join us at any of the following events to discover small business grants, loans, and…
Editor’s Note: Details of the Canada Summer Jobs program are subject to change at any time; details on this page were accurate as of the posting date. To learn about current program details, please contact Mentor Works or visit canada.ca/en/employment-social-development/services/funding/youth-summer-job. The first budget tabled by a new Canadian federal government always presents a lot of interest;…
Canadian small-and-medium sized businesses (SMEs) are vital to the success of the economy and well-being of all Canadians. In 2012, nearly 90% of the Canadian workforce was employed by SMEs, and these businesses were responsible for contributing close to 30% of Canada’s overall GDP. In Ontario, SMEs employ over 3.8 million people and are a…