Western Innovation Initiative: Technology Funding

Western Innovation Initiative: Product Development Funding

Moving new and innovative technologies from research and development to the marketplace is not an easy process. Along the way, innovators need to formalize a commercialization strategy – requiring significant capital and human resource expenses. Yet for many Western Canadian businesses, pre-commercialization funding gaps are the main cause for products and services being delayed or…

Southern Ontario Fund for Investment in Innovation (SOFII)

Southern Ontario Fund for Investment in Innovation (SOFII): Small Business Loans

To accelerate the growth of innovative small and medium sized businesses in Ontario, the federal government offers a variety of funding programs to help offset scale-up costs. Ontario small business loans help businesses address organizational challenges, create new job opportunities, and increase the company’s capabilities. The Southern Ontario Fund for Investment in Innovation (SOFII) program…

Eastern Ontario Development Fund Supports Kawartha Dairy

Eastern Ontario Development Fund Awards $300k Grants to Kawartha Dairy

In August, the Government of Ontario announced it would provide up to $311,200 in small business grants to help Kawartha Dairy expand its facility in Bobcaygeon, Ontario. The investment will support a 54,000 sq. ft. expansion that will allow the company to develop new product lines and explore new export markets. These upgrades will allow…

OESA Automotive Tooling Event: Nov 2, 2017

EVENT: OESA Automotive Tooling Update: Nov 2, 2017

Canadian automotive original equipment manufacturers (OEMs) and Tier 1 automotive suppliers must adapt to changing market conditions and consumer trends. With the tooling and manufacturing industry shifting so dramatically as new innovative technologies are released, remaining up-to-date on top automotive manufacturing trends is the only way to support long-term success. Being proactive in your approach…

Strategic Innovation Fund Grants for Business Investment

Is the Strategic Innovation Fund Suitable for Your Business?

The Strategic Innovation Fund (SIF) is a Canadian government funding program that provides support for technology development and productivity-boosting projects. It promotes large-scale investments in Canada, while also encouraging technology transfer and development/commercialization of disruptive products and services. The Strategic Innovation Fund reduces eligible project costs by up to 50%; this helps businesses improve productivity…

Clean Technology Initiative: Up to $150k in Funding

Atlantic Canada Opportunities Agency (ACOA)’s Clean Technology Initiative

In 2017, the federal government committed over $2.2 billion to support clean technology initiatives across Canada. Small business funding will help accelerate cleantech research, development, demonstration and adoption projects that encourage growth and expansion. Recently, the government announced it would be supporting businesses through the Atlantic Canada Opportunities Agency (AOCA)’s Clean Technology Initiative. AOCA’s Clean…

Canada Media Fund Aids Interactive Digital Media Projects

Canada Media Fund’s Innovation Program Awards $14.5M in Funding

In July 2017, the Canada Media Fund announced it would be investing up to $14.5 million in government funding to support a range of interactive digital media projects. The investment will be divided amongst 32 innovative projects that will increase Canadians’ access to indigenous media content. Canadian government funding will support a variety of digital…

3 Small Business Funding Events to Attend in September

Sign Up for a Small Business Funding Workshop in September 2017

The Canadian federal and provincial governments recognize the financial commitment businesses need to make to invest in growth and development initiatives. To help offset some of these costs, business owners can access government funding to maximize the impact of their strategic projects. Business owners and executives can become more aware of these opportunities by attending…

How to Approach Canadian Government Funding

The Best Approaches to Canadian Government Funding Applications

Accessing government grants and loans is not an easy process, but it can be made easier and more beneficial by using funding strategies. These strategies, or ‘approaches’ can be used throughout the government funding process, including the planning, writing, submission, and reporting stages. If done properly, these techniques will help optimize the value received from…

Best Ways to Apply for Canadian Government Funding

Funding Roadmap: Navigating the Application Process

Businesses can take several different approaches when applying for Canadian government funding. Some companies develop and submit applications internally, while other firms voluntarily opt to receive external support throughout the funding process. Either application method can lead to a successful small business funding outcome, but understanding the differences between each will help promote a better…