In an effort to stimulate economic growth in developing countries, Foreign Affairs and International Trade Canada have created the Investment Cooperation Program (INC) as part of Canadas Official Development Assistance spending initiative. Depending on the activity, eligible firms can receive 50%-75% of cost-sharing up to $955,000 in Canadian government grants to support to Canadian firms…
This past week, the Canadian Government announced the continuation of their support to the MITACS Funding Organization and their business funding grants for research and development. The MITACS organization will receive approximately $8.75M over the next two years in support of their globalization and expansion funding for small business. These programs look to incorporate academic…
The Traceability Foundations Initiative (TFI) Intake 2 is a three-year Federal and Provincial funding program. This initiative provides small business funding grants to support up to 75 percent of the projects eligible expenses, up to a maximum of $5 million per eligible project. This government funding for business is cost shared and is for funding…
The National Research Councils Industrial Research Assistance Program (NRC-IRAP) has been one of the most prolific Canadian Government Funding Organizations with regards to their support of technological innovations within Canadas Industries. As mentioned in our previous articles on the Changes to the 2012 Federal Budget; IRAP has been given approximately $110 Million to be allocated…
The Information and Communications Technology Council (ICTC) is currently awaiting approval for another round of business funding grants for their highly successful ICTC Career Focus program. As mentioned in the Upcoming Grants for Small Business in Ontario blog, this program subsidizes wages for new graduates relating to IT work. The types of tasks the graduate…
In March, the 2012 Canadian Federal budget was released, which included various changes to its Scientific Research and Experimental Development (SR&ED) tax incentive program. The SR&ED Canadian government funding program helps compensate corporate tax paying companies of any size for conducting research and development activities in Canada. The new SR&ED policies and documents will be…
In an effort to strengthen and expand Canadas commitment to energy efficiency the Canadian Government is offering business funding grants that provide financial assistance for industrial organizations to adopt systems and processes that continually improve energy performance. This grant funding for business is designed to lead to reductions in energy costs, greenhouse gas emissions and/or…
The Industrial Research Assistance Program’s (IRAP) Youth Employment Program (YEP) is designed to provide financial assistance to innovative small and medium-sized enterprises in Canada that are interested in hiring a post-secondary science, engineering, technology and trade, business and liberal arts graduate. Graduates work on innovative projects within the enterprise and may participate in research, development and commercialization…
Over the past decade, a large number of successful software development and technology firms have originated in the Southwestern Ontario Region. These success stories have sparked the imaginations and interests of hundreds of young and talented entrepreneurs within the region. These individuals have identified a problem along with an innovative solution; they now require the…
As part of Growing Forward, a market-driven vision for Canadas agriculture, a business risk management program is now available. AgriInvest is a self-directed risk management program offered to all farming operations in Canada. This agricultural funding for small business allows applicants to deposit up to 1.5% of their Annual Net Sales (ANS) into their individual…