To accelerate the growth of innovative small and medium sized businesses in Ontario, the federal government offers a variety of funding programs to help offset scale-up costs. Ontario small business loans help businesses address organizational challenges, create new job opportunities, and increase the company’s capabilities. The Southern Ontario Fund for Investment in Innovation (SOFII) program…
The Strategic Innovation Fund (SIF) is a Canadian government funding program that provides support for technology development and productivity-boosting projects. It promotes large-scale investments in Canada, while also encouraging technology transfer and development/commercialization of disruptive products and services. The Strategic Innovation Fund reduces eligible project costs by up to 50%; this helps businesses improve productivity…
The Government of Ontario recently awarded over $3 million in business expansion grants to support 10 growth and development projects within the Windsor-Essex region. The investment will help 10 local manufacturers offset large-scale capital investments that will allow the companies to increase capacity, improve productivity, and boost competitiveness. The contribution be provided through the Southwestern…
The federal government recently announced it would invest up to $6.3 million in small business grants to help Greenhouse Juice Company purchase advanced food processing equipment. Canadian government funding will help the company expand its operations, offer new in-demand products, and create a range of employment opportunities in Mississauga, Ontario. The contribution has been provided…
Zenyatta Ventures Inc. has been awarded up to $100,000 in research and development funding to collaborate with Lakehead University. Ontario small business funding will support the enhancement of environmental and energy applications using the company’s advanced nano-material technologies. The investment will be provided through Ontario Centre of Excellence’s OCE Voucher for Innovation and Productivity II…
The Canadian federal and provincial governments recognize the financial commitment businesses need to make to invest in growth and development initiatives. To help offset some of these costs, business owners can access government funding to maximize the impact of their strategic projects. Business owners and executives can become more aware of these opportunities by attending…
The Government of Ontario has a vested interest in the development and commercialization of innovative disruptive technologies. We see this through a number of available government funding programs. Rapid advances in technology, such as 3D printing and artificial intelligence, are transforming many of Ontario’s key industries and the government wants to help. To support this…
Pond Technologies Ltd. has leveraged $40M in NRC-IRAP research grants to help manufacturers become more energy efficient and combat climate change. The investment has allowed the company to develop and refine its latest cleantech innovation, which captures CO2 emissions and recycles them into plant-based materials. The contribution has been provided through the NRC-IRAP Midsize Projects…
In April 2017, the Government of Ontario announced it would be supporting a total of seven clean technology demonstration projects. Each project proposes positive impacts for Ontario’s key economic sectors, while offering innovative end-user cleantech solutions. Program participants will be receiving Ontario government grants through the BLOOM Clean Technology Demonstration Program. The BLOOM Clean Technology…
To further promote the use of clean technologies, the Government of Canada is providing nearly $8 million in funding to support three Ontario-based companies. The investment will help each company accelerate the development of their clean energy technologies. Canadian government funding will provided through Sustainable Development Technology Canada’s SD Tech Fund, which supports the development…