Still reeling from the recent closure of the Heinz plant, the people of Leamington, Ontario received good news in the form of a funding announcement from the federal government. Investments of up to $200,000 to the Windsor-Essex Economic Development Corporation will support existing food processing businesses while attracting new investment to the region. The investment…
The Federal Economic Development Agency for Southern Ontario (FedDev) Minister of State, Gary Goodyear, and MPs, Harold Albrecht, Stephen Woodworth and Peter Braid, were in Waterloo on November 12th to announce a $2 million investment in innovative local businesses. An investment of $1.53 million will be shared by three businesses, and an additional investment of up…
FedDev Ontario Minister of State, Gary Goodyear, and the local MP in Renfrew-Nipissing-Pembroke, Cheryl Gallant, announced an investment of up to $3 million which helped the local manufacturer reopen for business. Increasing Domestic and International Demand Helped the Plant Reopen after being Dormant for 6 Years A pick-up in demand both at home and abroad…
Ontario Aerospace Council (OAC) is holding a special workshop for presidents/ CEO’s, Human Resources Executives and Managers. The event will feature a number of experts that will provide non-commercial presentations and discussions to provide participants with practical information and considerations regarding the sourcing, selection, hiring, training, and retention of your employees in order to enable…
The Southwestern Ontario Angel Group (SWOAG) will receive funds through the non-profit stream of FedDev Ontario’s funding program, Investing in Business Innovation (IBI). The investment of $500,000 will help the organization to increase its membership as well as its pool of investment funds to enhance its support of earl-stage, high-growth companies. FedDev Ontario Mandate to…
The Federal Economic Development Agency for Southern Ontario (FedDev) offers Ontario government funding programs through the Southern Ontario Prosperity Initiatives to organizations that play a role in developing southern Ontario’s economy. One of the key funding programs is called Investing in Business Growth and Productivity. IBGP Government Funding for Not-for-Profits: Company Eligibility Not-for-profits eligible for…
The IBGP for not for profits program is an Ontario government funding program with two streams – one for SMEs and one for not-for-profits (NFP). What type of funding is available for not-for-profits through IBGP Canadian government grants? Funding for not-for-profits is provided by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) as…
Many businesses in Eastern Ontario are aware of the Eastern Ontario Development Fund (EOF) offered by the Province of Ontario, but many will be interested to know that there is additional funding for their region in the form of the Eastern Ontario Development Program (EODP). EODP is funded by FedDev Ontario and delivered by the…
The first phase of the Investing in Business Innovation Canadian business grants and loans program is positioned to make a big impact on small businesses in southern Ontario, including most recently healthcare solutions businesses in London and Toronto. London Ontario Cancer Treatment Receives Backing from FedDev Ontario and Venture Capital Trillium Therapeutics Incorporated was the…
Investing in Commercialization Partnerships is offered by FedDev Ontario as a part of Southern Ontario Prosperity Initiatives (SOPIs). This government program is focused on providing funding for business led collaborations with academic or research institutions to develop innovative products that have high market demand and bring them to market readiness. Who can apply for ICP…