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…
The Government of Ontario has awarded Apotex Inc. over $8.2 million in small business grants to invest in new technologies and increase product lines. Ontario government funding will help the manufacturer become more productive and offer high quality medicines at an affordable price. The contribution will be provided through the Jobs and Prosperity Fund (JPF),…
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…
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…
In August, the Government of Ontario announced it would provide up to $311,200 in small business grants to help Kawartha Dairy expand its facility in Bobcaygeon, Ontario. The investment will support a 54,000 sq. ft. expansion that will allow the company to develop new product lines and explore new export markets. These upgrades will allow…
The Government of Ontario has awarded over $400,000 in small business grants to TimeHero Inc. The investment will allow the company to develop an innovative scheduling app to help other businesses manage their time and become more efficient. The contribution will be provided through the Northern Ontario Heritage Fund Corporation (NOHFC), which supports economic development…
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…
Ontario manufacturer, Pan-Oston Ltd., has been awarded up to $100,000 in Ontario small business grants to create new jobs at its facility in Peterborough. The Government of Ontario’s investment will also allow the business to generate a network of manufacturers to attract new clients to the region area by highlighting the variety of available products…
In 2014, the Government of Ontario introduced Starter Company, a funding program that supported youth entrepreneurs. To date, the program has assisted 2,700 businesses and supported the creation of more than 3,100 jobs across the province. That iteration of the program is now closed, however, to continue supporting startup ventures in Ontario, the government has…