The Government of Canada recently expanded the scope of several of its most popular innovation funds and combined them into one broader program to help fuel this potential for innovation within Canadian businesses and organizations. The new Strategic Innovation Fund (SIF) will provide up to $1.26 billion in funding over the next five years to…
The Canada Media Fund (CMF) Experimental Stream supports Canadian businesses developing, producing, and marketing innovative interactive digital media content and software applications. The program provides repayable government funded advancements to support innovative media projects that deliver a valuable end-user experience. Software and game developers can receive up to 75% coverage of eligible project costs to…
To be competitive in Canada’s fastest growing technology-driven industries, businesses in Atlantic Canada need to invest in innovative products, processes and services. Although it can be difficult to devote a sizable budget towards research and development, there are ways to reduce the cost and improve the scale of R&D projects. Government funding provided through the…
Smart, connected vehicles are transforming the global automotive industry. Consumers are now looking for technologically-advanced vehicles to support a ‘connected lifestyle’ where they can still be entertained, productive, and safe behind the wheel. Automotive manufacturers should take note of this shift and offer new valuable products or services to serve the connected vehicle market. There…
Guided by regulatory requirements and a shift in consumer preferences, electric vehicles are on the path to taking over global market share for new vehicle sales. While there are still many years ahead where internal combustion will reign supreme, the inevitable swing in market preference will eventually catch up. But when will this be? How…
Today, businesses that create new products and services are encouraged to think outside of their domestic market and determine ways to operate globally. If not, another business with a similar product offering or idea will be looking to capture your company’s market. Tapping into international markets can pose as a challenge for startups and small…
BacTech Environmental Corporation has been awarded $75,000 in Ontario research grants to collaborate with Laurentian University. Ontario government funding will help BacTech and Laurentian University test and refine bioleaching technologies that extract metals and stabilize arsenic found in mine tailings. The partners hope to develop a sustainable solution for reducing the volume of arsenic and…
Automotive technologies are constantly improving to meet customer demand. The popularity of cutting-edge, technology-filled vehicles continues to increase across the world; therefore, automotive suppliers and technology developers must be willing to develop these systems. There are incredible opportunities for businesses who respond to growing interest for electric, autonomous, and connected vehicles. Canadian automotive companies should…
Please Note: The Scale-Up Vouchers Program is closed and no longer accepts applications. Please explore more business expansion funding opportunities. Ontario’s small business community is booming, yet few of these companies effectively scale their solutions into global markets. In December 2015, there were 48.3 times more small businesses (1-99 employees) than medium-sized (100-499 employees) companies…
In March 2016, QD Solar Inc. was awarded $2.5 million in Canadian government grants to help commercialize its latest clean technology development project. This investment has helped enhance and accelerate the market readiness of the company’s new solar photovoltaic technologies. This contribution was provided by the SD Tech Fund, which supports development and demonstration of…