On December 6th the Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev), Gary Goodyear and Mark Adler, MP for York Centre were at the Innovation 2103 Conference to announce the launch of the Southern Ontario Prosperity Initiatives (SOPIs). The aim of this new assemblage of funding programs is to promote…
CAMBRIDGE, Ontario, Sept. 12, 2011 — Financing for small businesses is always of critical importance. On average, 17 percent of all Canadian entrepreneurs indicate “obtain financing” as an obstacle to growth. Although most business owners (i.e. 68%) receive financing through banking institutions, Canadian government funding and grants are increasing their penetration in Southern Ontario since the formation of…
Ryerson University has just recently been approved to administer the FedDev program called Graduate Enterprise Internship. Â To support Southern Ontario business funding, the details have been summarized for this new hiring program as the Graduate Enterprise Internship. iSTEM Program This is intrapreneurship for Science, Technology, Engineering and Math graduates and has gained the term of…
This article discusses the top grants, loans, and tax credits from Ontario Government Funding in 2023.
BSP provides Ontario businesses up to $10 million loans to adopt/adapt innovative technologies that support productivity, expand operations, and increase exports.
The NOHFC supports Canadian economic prosperity with financial assistance for growth, job creation, and skills development.
Regional Quantum Initiative (RQI) in Southern Ontario Receive up to $5 Million in Quantum Funding. In southern Ontario, the Regional Quantum Initiative (RQI) helps companies develop and market quantum products and solutions for domestic and international markets. The RQI builds on the FedDev Ontario quantum investments to further accelerate the development of the sector and…
Southern Ontario is investing $23M through FedDev via a program called the Regional Quantum Initiative (RQI) to support quantum technologies.
SONAMI: Southern Ontario Network for Advanced Manufacturing Innovation Receive up to 50% of project costs with SONAMI Funding. The Southern Ontario Network for Advanced Manufacturing Innovation (SONAMI) is a network aimed at helping manufacturers and innovation-based businesses overcome innovation challenges, and is funded through the FedDev Ontario Regional Innovation Ecosystem program. Through the network, businesses partner with post-secondary institutions…
Ontario is awarding a total $3 million to Techo-Bloc to establish its first manufacturing facility in Ontario which is expected to create 50 new jobs in the Waterloo Region as the province prepares for recovery following COVID-19.