Canadian small businesses are eligible for several types of Canadian government funding such as grants, loans, and tax credits offered by the Canadian and provincial governments to assist with a number of different strategic initiatives, including hiring, training, capital equipment, research & development, business expansion, and innovation. Bernadeen McLeod, Canadian Government Funding Expert Bernadeen McLeod,…
The Federal Economic Development Agency for Northern Ontario (FedNor) provides government funding support for building strong and sustainable communities in Northern Ontario through their Community Economic Development initiative. This initiative is a major component of the Northern Ontario Development Program (NODP), which provides Canadian Government funding to accelerate the progress of Northern Ontario’s economic priorities….
The Northern Ontario Development Program (NODP) is the flagship program of the regional economic development agency for Northern Ontario (FedNor). NODP features several programs and initiatives to stimulate economic investment and innovation in Northern Ontario communities. NODP Program Funding Grants for Small Business Development The Northern Ontario Development Program features 3 key initiatives that provide…
CAMBRIDGE, ONTARIO–(Dec. 19, 2012) – Agriculture and Agri-Food Canada (AAFC) recently announced three new Canadian Government funding programs that will come into effect on April 1, 2013 under the funding umbrella Growing Forward 2. The announcement addressed important questions mentioned in our previous article on the potential funding changes in the New Growing Forward 2 Policy Framework….
If you have recently moved to Canada and are between the ages of 18-39 that has a feasible business idea and are looking for guidance, I strongly recommend you contact the Canadian Youth Business Foundation. What does the Newcomer Program offer? The Newcomer Program provides you with all the benefits of CYBF’s other programs. This…
CAMBRIDGE, ONTARIO – (Marketwire – Nov 14, 2012) The Ministry of Economic Development & Innovation (MEDI) has released two new Ontario government grants & loans programs: (1) the Southwestern Ontario Development Fund and (2) the Eastern Ontario Development Fund. The goal of these funding programs are to provide financial assistance and incentives to promote regional…
FedNor is a Canadian Government funding organization that offers financing and government grant funding for small businesses in Northern Ontario through programs such as their Northern Ontario Development Program (NODP). FedNor sets high priority for business growth and competitiveness strategies by providing wage subsidies and government funding for small business capital investments and hiring activities….
This Canadian government funding program currently supports 61 Community Futures Development Corporations (CFDC) in Ontario – where FedDev Ontario serves 37 rural Eastern and Southern Ontario and the remainder are served by FedNor. This Ontario government funding program helps SME’s in rural Ontario expand and stabilize their business to maintain or create jobs. Canadian Government…
The Southern Ontario Fund for Investment in Innovation (SOFII), a Canadian government funding program, was first showcased in a blog in early July 2012. FedDev Ontario announced that this $20M investment, funded by their Prosperity Initiative, would support SME’s across Southern Ontario. The Canadian Government Funding program is divided into two regional areas with involvement…
Canadian SMEs are paramount to Canada’s economic performance as they employ over half the nation’s workforce and make significant contributions to Canada’s GDP. Innovation is critical to the growth of Canadian SMEs, allowing them to create high-value job opportunities and shape a prosperous economic future in any community. With these realizations, FedDev Ontario has recently…