London, ON business Starlim North America was recently awarded $4M as part of the Investing in Business Growth and Productivity program (IBGP). Under this FedDev Ontario program, businesses can receive up to 25% of eligible project costs in a 0% interest government loan. This Canadian government funding program is ideal for large business expansion projects…
The Canadian federal government’s fiscal cycle officially started on April 1, 2015, which means that several Canadian business funding grants and loans have been replenished and more are expected to launch in the upcoming weeks. Mentor Works is offering complimentary online funding webinars on some of the most popular programs. Businesses are encouraged to register…
Barrie, Ontario based company Wolf Steel, manufacturer of Napoleon branded fireplaces, barbeques, and soon HVAC systems, has received more Canadian government funding to support their continued expansion within Ontario. We recently reported on Wolf Steel’s $4.2 million repayable small business funding announcement via FedDev Ontario’s Investing in Business Growth & Productivity (IBGP) program. The Ontario…
The Ontario Manufacturing Learning Consortium (OMLC) have launched a partnership program with Ontario manufacturers to help address the skills gap in the labour market. Manufacturers are finding it increasingly difficult to find talented and experienced youth who can work in manufacturing environments. To help address this the OMLC launched a partnership program where young interns…
Statistics Canada has issued its most recent employment stats, in which it lists the city of Guelph, Ontario as having the lowest unemployment rates in the province. Released on February 6, 2015, the findings state that January’s jobless rate in Guelph was an astonishing 5.1%. When looked at as entire country, Guelph’s unemployment rates are…
FedDev Ontario recently announced the launch of a new fund to support entrepreneurs. The SmartStart Seed Fund (SmartStart) launched with a pool of $9M to support entrepreneurs in the technology sector or companies with innovative ideas. The program provides seed financing for entrepreneurship skills training to help young business owners grow their company and make…
The Advanced Manufacturing Summit in Hamilton, Ontario was the backdrop to a significant funding announcement on November 17, 2014. The Canadian Manufacturers & Exporters (CME) association received $20 million in funding for its CME SMART Advanced Technologies for Global Growth grant program. The program is being supported by the FedDev Ontario program, Investing in Business…
Still reeling from the recent closure of the Heinz plant, the people of Leamington, Ontario received good news in the form of a funding announcement from the federal government. Investments of up to $200,000 to the Windsor-Essex Economic Development Corporation will support existing food processing businesses while attracting new investment to the region. The investment…
The Federal Economic Development Agency for Southern Ontario (FedDev) Minister of State, Gary Goodyear, and MPs, Harold Albrecht, Stephen Woodworth and Peter Braid, were in Waterloo on November 12th to announce a $2 million investment in innovative local businesses. An investment of $1.53 million will be shared by three businesses, and an additional investment of up…
FedDev Ontario Minister of State, Gary Goodyear, and the local MP in Renfrew-Nipissing-Pembroke, Cheryl Gallant, announced an investment of up to $3 million which helped the local manufacturer reopen for business. Increasing Domestic and International Demand Helped the Plant Reopen after being Dormant for 6 Years A pick-up in demand both at home and abroad…