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…
London, Ontario is home to several technology-oriented incubators. Innovation hubs such as Western University’s Propel and Fanshawe’s Leap Junction are a great place for startup companies to establish themselves and develop a minimum viable product (MVP), but once a firm reaches a certain size there’s limited structural support. So, what comes next? Where can early-stage…
The government of Canada is continuing to invest in advanced technologies throughout the country in efforts to bring innovative products, processes, and services to market. Recently, 17 organizations in British Columbia have been awarded funding for innovation, which they will use to develop, advance, and commercialize their products and services. This support will help BC…
Southern Ontario is home to many of Canada’s most innovative and globally-oriented businesses. But while significant growth potential exists within the region, it’s often difficult for companies to make large-scale investments in productivity-boosting technologies. Despite the long-term benefits of adopting or adapting technology, upfront project costs can impact cash flow and make these types of…
Ontario’s innovation ecosystem is growing exponentially. With this growth comes the need for more resources for innovators to develop globally-competitive products and services that shape today’s knowledge-based economy. Access to incubation space and entrepreneurial expertise are two areas of support often requested by young, high-growth businesses, but it’s often difficult for these firms to get…
Small business owners frequently face challenges when scaling their operations. With limited cash flow, most seek financial support for growth projects through banks. However, business owners are often rejected for loans and other financial products because they’re deemed a high-risk borrower. As a result, their business stays small and unable to compete with larger, more…
Update: In response to COVID-19, the second intake of EODF has been extended to May 29, 2020. Attracting business investment to Eastern Ontario has historically been a challenge for economic developers. Although there are many high-potential companies operating in the region, these organizations typically do not invest and grow at the same rate as other…
Please Note: This page is an archived and may contain outdated program information. For current details of the Canada Media Fund Experimental Stream, please visit Mentor Works’ CMF Experimental Program Page. The Canada Media Fund (CMF) is an organization that promotes, fosters, and finances projects led by Canadian media developers. Since its inception in 2010,…
Earlier this year, Quebec potato processing company Patates Dolbec Inc. was awarded Canadian government funding to upgrade their equipment. With access to this capital, the growing company of over 125 employees will integrate Industry 4.0 technologies into their facility. As a result of the project, robotic equipment will sort, grade, and pack more fresh potatoes…
Hamilton, ON-based ArcelorMittal Dofasco is Canada’s largest steel producer and a leader of advanced manufacturing in North America. They are the city’s biggest private sector employer and ship over 4.5 million net tons of high-quality flat carbon steel every year. ArcelorMittal Dofasco partners with top automotive, energy, packaging, and construction companies to develop lighter, stronger,…