Investing in Business Growth and Productivity (IBGP) is issued by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). IBGP is a part of the $530 million suite of programs called Southern Ontario Prosperity Initiatives (SOPIs). Small Business Loans Ontario –Funding Details IBGP small business loans offer up to $20 million of funding per…
Since its’ creation in August 2009 and result of partnerships with more than 5300 businesses and organizations, $1.1 billion has been invested by FedDev Ontario. This has supported additional leveraged investments at a 1:1 match with non-government sources to support businesses, organizations and communities in southern Ontario. It was a great year for our clients to…
The Investing in Commercialization Partnerships (ICP) is a new grant funding program that supports projects with funding of up to $20 million. Eligible organizations must be not-for-profit organizations that are located in Ontario such as publicly funded colleges and universities, industry associations and research institutions. Not-for-profit organizations must have an industry partner to work with as…
Investing in Regional Diversification (IRD) is a new program offered through FedDev’s Ontario 2013 Action Plan. This program is a non-repayable Canadian government grant, which covers 50% of project costs up to a maximum of $20 million. The remaining 50% must be provided as a cash contribution. IRD Government Grants Canada for Not-For-Profits -Program Focus…
FedDev recently launched a new suite of Canadian business grants and loans called Southern Ontario Prosperity Initiatives worth $530 million collectively. In response, Mentor Works is offering a string of complimentary workshops and webinars to help educate applicable businesses. Our webinars will focus on these new programs, including Investing in Business Innovation (IBI) and Investing…
The Investing in Business Innovation (IBI) loans program is administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The program is aimed at providing mentorship and entrepreneurial support to help new businesses grow and succeed, supporting the success of new businesses, and strengthening of angel networks while increasing availability of investment capital….
As a part of The Federal Government’s Action Plan the Advanced Manufacturing Fund will distribute up to $200 million in funding to small businesses through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). Advanced Manufacturing Fund to Promote Innovation & Boost Competitiveness The Advanced Manufacturing Fund will support Ontario businesses that invest in…
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) is providing up to $200 million in funding over five years through The Advanced Manufacturing Fund. This Ontario business grants and loans program is aimed at helping southern Ontario organizations that look toward technological innovations, while encouraging projects that provide benefits to manufacturing clusters and…
At Mentor Works Ltd., we are dedicated to being experts in all Canadian government grants, loans, and other funding resources. Our passionate team of funding experts helps support businesses across the nation. Mentor Works Ltd. provides end-to-end solutions to businesses that are interested in benefiting from Canadian government grants and loans, providing guidance along each…
On December 6th the Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev), Gary Goodyear and Mark Adler, MP for York Centre were at the Innovation 2103 Conference to announce the launch of the Southern Ontario Prosperity Initiatives (SOPIs). The aim of this new assemblage of funding programs is to promote…