The 2014 Federal Budget pledged continuing support for through the Economic Action Plan’s Southern Ontario Prosperity Initiatives, which includes Investing in Business Innovation (IBI) Canadian business grants. IBI’s Not-for-Profit stream will fund up to 100% of project costs to a maximum of $20 million. Investing in Business Innovation (IBI) –Success Story Communitech Corporation out of…
Investing in Business Growth & Productivity: Not-For-Profits focuses on strengthening the productivity and global competitiveness of southern Ontario businesses. Investing in Business Growth & Productivity is offered through The Federal Economic Development Agency for Southern Ontario (FedDev) as a part of their suite of Ontario business grants and loans called Southern Ontario Prosperity Initiatives (SOPIs). SOPIs are a new suite…
Since its’ creation in August 2009 and result of partnerships with more than 5300 businesses and organizations, $1.1 billion has been invested by FedDev Ontario. This has supported additional leveraged investments at a 1:1 match with non-government sources to support businesses, organizations and communities in southern Ontario. It was a great year for our clients to…
Investing in Regional Diversification (IRD) is a new program offered through FedDev’s Ontario 2013 Action Plan. This program is a non-repayable Canadian government grant, which covers 50% of project costs up to a maximum of $20 million. The remaining 50% must be provided as a cash contribution. IRD Government Grants Canada for Not-For-Profits -Program Focus…
Update: The National Research Council (NRC) now offers project-based funding through a single Industrial Research Assistance Program (IRAP). Please visit the NRC-IRAP Research Project Contributions page for more information. When it comes to funding sources for software development businesses, there is rarely a one-size-fits-all solution, but there are alternatives to relying too heavily on venture…
Canadian Youth Business Foundation (CYBF) received a big boost from the Federal Government of Canada last week. The not-for-profit foundation that helps budding young business owners with everything from startup funding to writing a business plan has been featured frequently in our blog over the years. CYBF is most well-known for helping young entrepreneurs access…
The Federal Economic Development Agency for Southern Ontario (FedDev) announced earlier this week that The Accelerator Centre (AC) of Waterloo will receive nearly $1 million from the federal government in Canadian government funding to help the development of start-up technology firms. The Accelerator Centre is a world-renowned site for helping to cultivate technology entrepreneurship and…
For a small or medium-sized business (SME), expanding beyond national borders is a big step that can offer tremendous rewards. Successful entrepreneurs and managers know that decisions concerning the choice of market, taking on an acceptable level of risk and financial preparedness can make or break an SME’s expansion plan. Fortunately, there are resources available…
Mentor Works recently revised our list of the Top 5 Small business grants and loans programs for manufacturers in light of program changes. Among the countless small business grants and loans programs offered both provincially and on a federal level, small and medium-sized businesses in the manufacturing space qualify for a greater proportion than nearly…
Mentor Works’ Canadian government funding expert, Bernadeen McLeod, will join the Ontario Aerospace Council on June 11th, 2013 for a Learning and Networking Event at the National Air Force Museum of Canada in Trenton, Ontario. The Ontario Aerospace Council (OAC) is a collective body of people committed to the betterment of the Ontario aerospace industry. …