Canada is devoted to supporting its colleges and universities to develop skilled workers, act as engines of discovery, and collaborate with Canadian companies to increase global competitiveness. Four Canadian colleges and universities have received federal government funding in efforts to renew and update state-of-the-art facilities, labs, and modern learning spaces that are critical for skills…
The United States-Mexico-Canada Agreement (USMCA) offers many opportunities as well as some challenges for Canadian businesses. If ratified, the new agreement-in-principle will take effect on January 1, 2020 and significantly impact supply chain management, predominantly in the dairy, poultry, and automotive sectors. While there are many businesses across Canada that are concerned about these changes,…
The Government of Canada has awarded the Canadian Hemp Trade Alliance (CHTA) with Canadian government grants. The investment will be used to develop grading standards to ensure Canadian hemp products are known globally for their high quality. This will allow the Canadian hemp industry to become more competitive, pursue new market opportunities, and create sustainable…
Canadian clean technology developers often face difficulties when bringing new ideas and innovations to market. Limited access to capital and difficulty finding end-users that can offer input during the development process are two reasons why Canadian firms struggle to compete with global competition, but this doesn’t have to be the case. Resources are available to…
Nano One Materials, based out of Vancouver, is a Canadian technology company with an industrial process for producing low cost high performance battery materials and a wide range of other advanced nanostructured composites. The company has recently received grants for automotive technology for their process to improve the durability of lithium ion batteries. Nano One…
Lumiant Corporation, headquartered in Kelowna, British Columbia, is a market-driven materials science company working to discover, develop, and produce advanced materials for revolutionary products. The company is serving the transportation, defence, and industrial machinery markets, meeting the industries’ needs for products that require mobility, speed, durability, energy efficiency, and lightweight materials. Through a successful application…
PRE Labs Inc., headquartered in Kelowna, British Columbia, is a manufacturer of innovative body armour solutions. They combine the expertise and experience of law enforcement, military manufacturing professionals, scientists, and engineers specializing in polymer chemistry and armour solutions engineering to best serve their clients and maximize protection and safety. PRE Labs Inc. has recently received…
Twelve media companies operating out of Canada have received Canadian government funding for their interactive digital media projects. The awarded projects will include eight games, two software applications, and two rich interactive media applications. This funding has become available through the first round of the Canada Media Fund (CMF) 2018-2019 Experimental Stream – Innovation Program….
When performing research projects that involve technical risk or uncertainty, Canadian innovators should use government funding programs. These offset project costs and reduce risk, making exploratory innovations more achievable for SMEs. To innovate as efficiently as possible, companies should be aware of how incentives such as the Industrial Research Assistance Program (IRAP) and the Scientific…
Charlottetown, Prince Edward Island-based biotechnology firm Somru BioScience has recently received a combination of grants and loans from Canadian government funding programs. This support will allow the company to accelerate research and development activities, provide comprehensive and innovative bioanalytical solutions, and create long term economic growth in Atlantic Canada. Somru BioScience is receiving a total…