Canadian SMEs are now at a state of corporate culture where almost every business must possess some type of hardware and software relating to Information and Communications Technologies (ICT). However, the constant development of new technologies causes businesses to have to compete with one another by investing in new information technologies and software systems that…
Businesses in the agriculture sector can receive an additional source of cash through the Agri-Innovation Program. Offered through Agriculture and Agri-Food Canada, the Agri-Innovation Program provides agricultural businesses across Canada with 0% interest repayable funding towards a variety of expenditures that will improve the company’s productivity or promote innovation. This program is similar to the…
The Community Futures Development Corporations (CFDC) in Ontario is a program, funded by the Government of Canada (often by FedDev) to help SME’s in rural Ontario to expand and stabilize their business in order to maintain or create jobs. The CFDC has established itself as a popular and successful funding program, with over 170 success…
Update: View the latest Canadian Government Funding for Agribusiness blog The agricultural industry has been an increasing focus of the Canadian Government’s business support efforts. The Government is helping Canadian agriculture companies with R&D initiatives to combat environmental challenges, export expansion initiatives, and general operational improvements. Below are some of the top agricultural funding program…
Small businesses in Canada searching for a new channel of loan funding should consider Industry Canada’s Small Business Financing Program. This program helps companies finance improvements and expansion efforts by increasing loan availability across Canada. Is Your Company Eligible for this Government Funding? All Canadian for-profit small businesses with revenue up to $5 million may…
HTX supports new and established Ontario-based companies so they can develop, produce and commercialize enhanced Medical and Assistive Technologies (MATs). Market area’s of particular interest include: medical devices, diagnostic & medical imaging, healthcare IT and wireless health (smart devices) and lastly, assistive devices & home healthcare. The Health Technology Exchange funds projects that promote partnerships…
The Buyer Financing program is organized by Export Development Canada. EDC provides financing directly to a foreign buyer of Canadian goods and services and in these situations takes the risk of non-payment and disburses the funds directly to the company. Generally, financing is provided for up to 85 per cent of the value of the…
The Business Development Bank of Canada is a crown corporation created to help grow Canadian SMEs by providing financial and consulting services that complement the private sector financial institutions. The BDC’s Marketing Expansion Loan can provide extra money for specific repayment terms for maximum flexibility. This program was designed to aid Canadian entrepreneurs in growing…
The Health Technology Exchange is providing assistance to Ontario-based medical manufacturers looking to keep large-scale global R&D projects in Ontario. The Ontario Flagship Program aims to take advantage of Ontario’s high-skilled researchers and resources by providing financial aid to keep R&D activities from being outsourced internationally. Funding Amount & Eligibility The Ontario Flagship Program is…
We have profiled how healthcare R&D projects can tap into funds related to pre-commercialization and commercialization of new technologies. Companies that have missed out on, or already benefited from, these funding mechanisms can utilize the Technology Implementation Program (TIP). This program, funded by The Health Technology Exchange (HTX), is designed to assist late-stage testing of…