Northern Ontario’s keen focus on profiting from natural resources has helped and hindered the area’s economic development. While these industries have led to wide scale investment for northern Ontario, the global market for natural resources has deteriorated over recent years and has reduced the amount of incoming business investments. However, northern Ontario is slowly beginning…
Canadian businesses looking to scale their operations and grow into new export markets can access CanExport funding for marketing and sales projects. Available for startups to medium-sized businesses, CanExport supports projects such as modifications to product packaging, conducting market research, and participating in international trade shows. Businesses can receive cost-sharing support from CanExport for up…
Ontario manufacturers have unparalleled access to business relationships in the United States. Close proximity to U.S. border crossings increases the speed of delivery times, reduces risk, and ensures a consistent and reliable export relationship. For decades, Ontario manufacturers have benefited from these relationships for decades, however early-stage manufacturers often face knowledge barriers that prevent their…
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…
Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. The Investing in Business Growth & Productivity Ontario government funding program is one of the programs that make up the Southern Ontario Prosperity Initiatives (SOPI), administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The SOPI program, founded…
Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. Administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Investing in Business Growth & Productivity (IBGP) is one of core programs which comprise the $530 million Southern Ontario Prosperity Initiatives (SOPI) running from 2014-2018. IBGP has a stream…
Mentor Works gets several calls a day from entrepreneurs and aspiring small business owners on how to get started. Their questions vary, but each one is looking to orient themselves in this space and find out what sort of government backed programs exist to support them. I have had the pleasure of working in this space…
Please Note: Export Market Access is now closed and not accepting further applications. For trade show grants and other forms of export support, learn more about the CanExport program. Export Market Access (EMA) Ontario government grants assist small businesses to gain access and expand their reach in international markets. Administered by the Ontario Chamber of Commerce (OCC)…
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 (CME SMART) program is supported through funding by FedDev Ontario and supports southern Ontario manufacturers as…
Canadian small-and-medium sized businesses (SMEs) are vital to the success of the economy and well-being of all Canadians. In 2012, nearly 90% of the Canadian workforce was employed by SMEs, and these businesses were responsible for contributing close to 30% of Canada’s overall GDP. In Ontario, SMEs employ over 3.8 million people and are a…