Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. Southern Ontario businesses have a variety of options available to assist with business expansion and growth initiatives. One of the most popular choices for small and mid-sized companies in the region is FedDev Ontario’s 0% interest small business loan, Investing in…
Small businesses often have difficulty when completing Canadian government funding applications on their own. A significant time investment must be put into researching Canadian government grants and loans prior to writing a proposal, application, or other type of documentation. Failure to understand all of the program’s details could lead to the business’ application being rejected…
Administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Investing in Business Innovation (IBI) offers small business loans to assist high growth, innovative startups and early-stage businesses in commercializing new products, processes, and technologies. Southern Ontario businesses with private funding that require additional cash flow can use IBI to help accelerate late-stage…
Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. The Investing in Business Growth & Productivity Ontario government funding program is one of the programs that make up the Southern Ontario Prosperity Initiatives (SOPI), administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The SOPI program, founded…
With the recent change in government, we often get questions regarding the impacts of government changes on existing funding programs available in Canada. Will the funding programs our clients accessed in the past still be available? Will pending applications still be reviewed as they were pre-election? As the Canadian Government Funding Experts, Mentor Works would…
Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. Administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Investing in Business Growth & Productivity (IBGP) is one of core programs which comprise the $530 million Southern Ontario Prosperity Initiatives (SOPI) running from 2014-2018. IBGP has a stream…
FedDev Ontario’s 2014 launch of the Southern Ontario Prosperity Initiatives (SOPI) provided $530 million for small businesses to finance a variety of innovative and productivity-building projects. Investing in Business Innovation (IBI) is one of the four business-oriented programs created through the SOPI’s and aims to assist early-stage businesses to commercialize new, innovative products and processes….
The Investing in Business Innovation (IBI) small business loans program was created as part of the $530 million Southern Ontario Prosperity Initiatives (SOPIs). Provided through the Federal Agency of Economic Development for Southern Ontario (FedDev Ontario), IBI provides funding for early stage businesses to commercialize new, innovative products and processes. For many businesses overcoming technology…
According to a recent report from PwC, nearly 50% of all small businesses do not leverage any government funding sources. At the same time, their research shows that access to funding is a key barrier to business growth. For many SMEs obtaining funding is out of reach for a variety of reasons – companies may…
According to PLANT Magazine’s publication “Manufacturer’s Outlook 2015”, nearly 80% of Canadian manufacturing businesses will be investing in machinery, equipment, and technology over the next three years. Despite this, only 16% of manufacturers plan to use government funding programs as a means to assist their business expansion initiatives. Substantial funding has been provided by the…