BioVectra Inc., based in Charlottetown, Prince Edward Island, serves the medical and biotech sectors and manufactures pharmaceutical products. These products have been used in the treatment of illnesses such as kidney disease, cancer, multiple sclerosis, and cardiovascular disease. The firm has recently received Canadian government funding to support strategic growth projects that include creating and…
Ontario’s first budget under the Conservative government offers an array of measures designed to help businesses. Through tax incentives and the potential for new and modernized government grants and loans, there are many direct financial incentives worth discovering. Other considerations supporting the business community include lower hydro rates, reduction of regulatory “red tape,” freezing the…
![[EVENT] April 25, 2019 in Markham: Financing Solutions for Strategic Business Growth](https://www.mentorworks.ca/wp-content/uploads/2021/01/bigstock-Teamwork-For-Success-91531910-2.jpg)
To overcome growth challenges, businesses should use a combination of equity, bank financing, and government funding. Each source of investment capital supports aggressive but sustainable growth plans and enables companies to act on emerging market opportunities. Fortunately, businesses can learn more about Canadian and Ontario government funding to support business growth by attending an upcoming…
Daisy Intelligence is a Vaughan, Ontario-based data analytics firm that uses artificial intelligence (AI) to help businesses understand complex problems and make smarter operational decisions. Earlier this year, Daisy was announced as a recipient of the recently launched FedDev Ontario Business Scale-up and Productivity (BSP) program. Daisy will use this repayable funding contribution (government loan)…
UPDATE: The AgriMarketing program is now closed and not processing new applications. All applicants, even agricultural producers and processors are encouraged to use the CanExport program for all new applications. The Canadian International Grains Institute (Cigi) is a not-for-profit organization that provides pre-market and in-market technical support to those involved in the Canadian grain industry. For…
When Canada’s federal budget was released on March 19, it gave Canadians another look at the Liberal party’s spending strategies. Like previous years, the federal government is staying committed to investment aimed at boosting the economy, especially as it relates to middle-class families. However, Budget 2019 also provided many great insights into the support businesses…
EVRAZ North America is a leading producer of engineered steel products for the energy, industrial, and rail industries. Throughout their multiple locations in the United States and Canada, the company employs more than 3,000 people. EVRAZ North America has recently received government funding which will support the costs of facility expansions in Western Canada. EVRAZ…
The government of Canada is continuing to invest in projects that make a significant impact in greenhouse gas reductions and tackle climate change. Regina, the capital city of Saskatchewan, is working towards a greener province through their Landfill Gas to Energy Project. This landfill gas collection system collects methane emitted by the landfill and reduces…
Business process mapping is a lean management strategy that seeks to understand and eliminate sources of waste. Companies often rely on many processes to provide value to customers; by mapping how these processes work, firms can identify which activities add value and which activities cause friction in the process, making it less efficient. While most…
While there is greater gender equality in the workforce than ever before, there is still a gender divide amongst top leaders and entrepreneurs. Less than 16% of Canadian small and medium-sized businesses are women-owned, yet the full and equal involvement of women in the economy is essential to Canada’s competitiveness. Only 10% of high growth…