Three manufacturers in Cambridge, Ontario have been announced as recipients of the Southwestern Ontario Development Fund (SWODF). Nearly $2 million will be allocated between these businesses, which is expected to create 130 long-term jobs, while maintaining 476 current positions over the next four years. Each manufacturer will leverage these funds for strategic projects including facility…
Since graduating from university, I have had the opportunity to travel throughout several continents around the world including North America, Europe, and Australia. While I did not realize it at the time, travelling would ultimately help to build the skills that I use daily in my career. Travelling has enabled my personal growth and professional…
The Government of Ontario has dedicated up to $1,000,000 in Ontario government grants to aid the City of Peterborough. This Ontario government funding will be part of the $4,153,700 airport expansion project, which will invest in infrastructure, facility upgrades, and facility expansions for Peterborough Airport. This Ontario government grant investment aims to strengthen the aerospace…
An article recently published in The Hamilton Spectator identified the Ontario automotive sector as lacking leadership and on the verge of a decline. Although the Ontario industry was a top global contender, manufacturers of vehicles and automotive components in Ontario are facing downward pricing pressures from developing nations with low labour rates, and consumer preferences…
Program Update: CME SMART Advanced Technologies for Global Growth program will not be accepting applications after July 31, 2016. Please contact a Proactive Funding Planner to discuss alternate business grants for your company. The CME SMART Advanced Technologies for Global Growth business grant is funded by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) and…
When exporting, even small mistakes can end up costing your business significant time, financial resources, and opportunities abroad. Complying with all international standards for trade is essential to ensuring a sustainable export strategy, however many Canadian businesses are unaware of common mistakes which limit business growth in foreign countries. To ensure your business does not…
Toyota Canada recently announced that they will be investing $421 million for state of the art enhancements to their Ontario production facilities in Cambridge and Woodstock. This amount, which includes a portion of Canadian government funding, shows the company’s commitment to the Ontario automotive industry and 8,000 jobs which area supported between the two plants….
MiMi Foods produces premium dough products for the Grocery and Food Service industries. Making a range of products from frozen pizza dough balls to pizza crusts, flatbreads, and focaccia, they have established themselves as a premier producer of artisan doughs and breads. Increasing success in recent years has maximized production output at their facility in…
Artisan Metal Finishing is a London, Ontario based metal treatment and finishing company. Providing electroplating, corrosion protection, degreasing and other services, they have established themselves as leaders in the Ontario metal finishing market for over 25 years. Recently, Artisan applied for Investing in Business Growth and Prosperity (IBGP) repayable funding to provide enhancements to their…
FedDev Ontario is committed to growing the Ontario economy through a wide range of resources, support services, and government funding for small business, academic, and community projects. In 2013, Ontario accounted for 36.7% of Canada’s GDP, and the provincial government is committed to retain and improve this prominence. As a result, FedDev Ontario has helped…