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…
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…
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…
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…
Canadian government funding is a powerful resource that helps action-oriented companies respond to market opportunities. It offers the potential for financial support towards project-related expenses that lead meet the government funding program’s objectives such as accessing new markets, developing innovative products, and improving productivity, among others. When used strategically, it can greatly improve a business…
The Bank of Canada’s quarterly Business Outlook Survey summarizes interviews between the bank and approximately 100 senior managers from businesses across Canada. Its purpose is to gather the perspectives of these businesses on topics such as demand, capacity pressures, and other economic indicators. The Summer 2017 Business Outlook Survey signalled that businesses are gaining strength…
The Canada Media Fund (CMF) Experimental Stream supports Canadian businesses developing, producing, and marketing innovative interactive digital media content and software applications. The program provides repayable government funded advancements to support innovative media projects that deliver a valuable end-user experience. Software and game developers can receive up to 75% coverage of eligible project costs to…
To be competitive in Canada’s fastest growing technology-driven industries, businesses in Atlantic Canada need to invest in innovative products, processes and services. Although it can be difficult to devote a sizable budget towards research and development, there are ways to reduce the cost and improve the scale of R&D projects. Government funding provided through the…
Canada’s aerospace industry has been strong for decades, but new trends are transforming the industry and requiring aerospace manufacturers to be more proactive in their approach to growth. In 2015, Canada’s aerospace industry generated nearly $30 billion in revenues, of which 70% came from manufacturing – this marks an 11% increase between 2010 and 2015….
Canadian manufacturers have reached a critical point where continuous improvements aren’t just an asset; they’re necessary for survival. Failure to improve a business’ value-adding processes will almost always result in competitiveness issues; however, many organizations don’t have a system to measure and improve value-added processes. Without these activities, it’s impossible to understand where value is…