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…
Most small and mid-sized enterprises (SMEs) in Canada have difficulty understanding the process of applying for government grants and loans. Between researching the Canadian government funding program they’re applying for, completing an application, and submitting it to a government agency for review, most SMEs have a difficult time investing the time and resource required to…
Moncton, New Brunswick business TRC Manufacturing – a division of TRC Hydraulics – will be receiving up to $668,657 in Industrial Research Assistance Program (IRAP) Mid-Size funding for the research and development of two innovative projects. TRC Hydraulics, a leader in Atlantic Canada for the design of customized solutions in mining, forestry, marine, oil, and…
April 1st marked the first day of the Canadian government’s 2015 fiscal year and with it, came an update to the Economic Action Plan (EAP), an initiative to benefit Canadian businesses, families, and seniors. This article will focus on the business elements of EAP. The Canadian federal government created the Economic Action Plan in response…
Research and development is a critical aspect of many businesses’ ongoing growth. To stay competitive in international markets, companies need to invest in new product development, product iterations, and process improvements. The National Research Council of Canada (NRC) has recognized this need, and in an effort to encourage Canadian businesses to invest in research they…
Businesses have experienced a consistent rise in utility prices, creating an increased need for energy management and energy efficiency protocols. Natural Resources Canada (NRCan) offers Canadian government grants for industrial organizations implementing systems and processes that improve baseline energy performance. NRCan is offering cost-shared assistance to companies in the industrial sector wanting to execute energy…
The Industrial Research Assistance Program (IRAP) has helped businesses across Canada improve their commitment to internal research and development, allowing some businesses to use their business funding grants for R&D each year. IRAP continues to evolve their programs around the needs of the business community, as seen in the launch of the Business Innovation Access…
May 2016 Program Update: Businesses seeking wage subsidies for new graduate hires should access Mentor Works’ free Wage Subsidy Identifier tool to be provided with the most accurate funding information. New programs are available to hire recent graduates; ensure that your business is capitalizing on these funds effectively by providing information on your business and job…
The National Research Council of Canada (NRC) offers one of the most generous funding for hiring opportunities available for innovative small and medium-sized businesses in Canada. The funding program is called the Youth Employment Program (YEP) and it is administered through the Industrial Research Assistance Program (IRAP). IRAP Youth Employment Program (YEP) Canadian Business Grants…
The Industrial Research Assistance Program (IRAP) launched a new funding incentive for small businesses called Business Innovation Access Program (IRAP- BIAP). Launched in April 2014, BIAP is an R&D funding voucher administered by the National Research Council of Canada (NRC) as a new program in IRAP’s funding portfolio. The program is suited for small and medium…