A transitioning Canadian economy has provided new opportunities for automotive manufacturers across the country. Declining oil and energy market prices have increased the importance of automotive success, and all levels of government within Canada are searching for ways to strengthen the automotive sector. Canadian government funding for innovative research and development projects is now more…
The Greater Sudbury area had four large northern Ontario government funding announcements in December 2015, totaling over $847,000 awarded in grants and loans. Provided through the Northern Ontario Heritage Fund Corporation (NOHFC), small business funding is available to encourage business innovation across northern Ontario. The four investments made will aid the Northern Centre for Advanced…
We have been busy this year, striving to educate Canadian businesses on funding available to them. Over the last 12 months, Mentor Works has completely overhauled our website, continued to provide daily Canadian small business funding news, and built our library of Free Funding Resources. We have further improvements in the pipeline for 2016, but…
Ontario’s future as a key economic player in Canada’s economy is heavily dependent on the health and success of businesses that operate in the province. In a technologically advancing global market, Ontario must be willing to invest in innovation to enable the province and country as a whole to become leaders in priority industries. To…
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…