Canada’s second-largest automotive manufacturing company, Linamar, is an internationally recognized corporation with 59 plants throughout North America, Asia, and Europe. Linamar provides a significant benefit to southern Ontario’s economy, employing over 25,000 workers and generating more than $6 billion in annual sales. Recently, Linamar was awarded $99 million in automotive business grants through two government…
Nestlé Canada is a food and beverage processor that manufactures and sells a variety of products from coffee to frozen meals to pet foods. Headquartered in Vevey, Switzerland, Nestlé is a highly-respected brand and a global market leader that achieves consistent growth both in Canada and across the world. Nestlé Canada’s business expansion project recently…
Ontario is one of the most ideal provinces in Canada to grow small and medium-sized businesses. The diverse and well-established economic landscape enables companies to scale quickly, and government incentives such as the Southwestern Ontario Development Fund (SWODF) can offset a portion of expenses for strategic growth projects. The Southwestern Ontario Development Fund was created…
Ontario has partnered with four companies in the Stratford and Perth County to support funding for facility expansion and to purchase equipment. As a result of these business expansion projects, 71 new jobs will be created and will support the long-term retention of another 610 jobs. The Southwestern Ontario Development Fund provides up to 10-15%…
The Government of Canada has announced it will invest $3.5 million in funding to support an Alberta-based cleantech expansion project. The project will be carried out by Enerkem Alberta Biofuels, Rho Canada Ventures, and the Waste Management of Canada Corporation. Federal small business loans will help the partners to complete the final phase of a…
In recent years, federal and provincial governments have place a strong focus on business innovation in Canada. The Government of Canada’s Budget 2017 announced the realignment of resources to improve innovation programs and strengthen the economy. Investing in business innovation allows small and medium-sized companies to flourish and increase their market competitiveness. In October 2017,…
Toyotetsu Canada is an automotive parts manufacturer that develops body, chassis, and functional parts for Toyota vehicles. With operations in Simcoe, Ontario, Toyotetsu Canada is an integral member of Toyota’s supply chain. The parts produced at this facility supply Toyota’s assembly facilities in Cambridge and Woodstock, Ontario, where the Lexus RX and RAV4 models are…
Despite a strong business environment, Canadian businesses must navigate considerable challenges to grow and drive profit each year. Attracting customers, increasing revenue, developing a skilled workforce, and driving innovation are just some of the areas where businesses feel the most strained. As identified in the Future of Business Survey, led by the Organization for Economic…
Please Note: The Scale-Up Vouchers Program is closed and no longer accepts applications. Please explore more business expansion funding opportunities. The Ontario Scale-Up Vouchers Program was created to offer small business funding support to high-growth businesses in order to fuel further growth and scalability. The goal of the program is to support the development of…
The Government of Ontario has awarded over $1.8 million in government grants to support two large-scale business expansion projects in Welland, Ontario. The investment will allow Hydac Corporation and Northern Gold Foods to grow their operations and provide a greater contribution to the local economy. The manufacturers will receive funding through the Southwestern Ontario Development…