Small businesses across Canada can attest to the necessity of an Enterprise Resource Planning (ERP) system in managing resources, tracking productivity, scheduling workflow, and reporting on all quantifiable data throughout the company. Whether your company is looking to integrate a new ERP system or upgrade and customize an existing ERP system, there are several Canadian…
The National Research Councils Industrial Research Assistance Program (NRC-IRAP) has been one of the most prolific Canadian Government Funding Organizations with regards to their support of technological innovations within Canadas Industries. As mentioned in our previous articles on the Changes to the 2012 Federal Budget; IRAP has been given approximately $110 Million to be allocated…
The Industrial Research Assistance Program’s (IRAP) Youth Employment Program (YEP) is designed to provide financial assistance to innovative small and medium-sized enterprises in Canada that are interested in hiring a post-secondary science, engineering, technology and trade, business and liberal arts graduate. Graduates work on innovative projects within the enterprise and may participate in research, development and commercialization…
The Canadian Government provides funding support for Canadian SMEs to develop and commercialize their innovative products and technologies. The ARP program supports technical problem solving by providing grant funding for business research and development. The program has undergone some minor adjustments as a result of increases to the 2012 Federal Budget Funding Support for the…
In its most recent Federal budget, the Canadian Government has allocated $500M to the Canada Foundation for Innovation (CFI). The investment is one of many Federal Support Initiatives for Research and Development that were announced earlier this month in the 2012 Federal Budget. CFI provides business funding grants to support the purchasing of cutting-edge research…
As of late, there has been a lot of discussion regarding the changes to the Ontarios budget for research and development funding. The Honourable Gary Goodyear announced an increase to National Research Council Canada’s Industrial Research Assistance Program (NRC-IRAP) in his 2012 budget hearing last Friday. The new budget allocates approximately $110M for 2012/2013 of…
Canadian business grants for productivity enhancements and outside consulting are becoming increasingly popular with Ontario SMEs. These types of small business funding grants are especially useful for those in need of capital equipment or market expansion funding. There are several opportunities to receive Grant Funding for Small Business Expansion; however, these Canadian business grants are…
April appears to be a busy month for those who are looking to receive one of the soon to be released Canadian business funding grants. The federal and provincial governments begin their release of several Government Funding Grants for Small Business in April of every year. The end of the month can already seem quite…
A common barrier to innovation and productivity within Canada is the inability to access Government Funding for Research and Development. Recently an expert review panel has released a list of recommendations to simplify the research and development funding process for Canadian SMEs. These recommendations look to streamline the application process without significantly altering the actual…
Research and Development is a costly process for any business, especially for those who are unable to leverage their expenses with Ontario business grants. The Centre for Research Innovation Commercialization (RIC) will be holding a business development workshop focused on finding finance and funding for small business research and development projects. When: April 11, 2012…