For a small or medium-sized business (SME), expanding beyond national borders is a big step that can offer tremendous rewards. Successful entrepreneurs and managers know that decisions concerning the choice of market, taking on an acceptable level of risk and financial preparedness can make or break an SME’s expansion plan. Fortunately, there are resources available…
Mentor Works recently revised our list of the Top 5 Small business grants and loans programs for manufacturers in light of program changes. Among the countless small business grants and loans programs offered both provincially and on a federal level, small and medium-sized businesses in the manufacturing space qualify for a greater proportion than nearly…
In a previous post, Canadian Government Funding: New Program for Aerospace Technology, Mentor Works covered the Federal government’s announcement of close to $1 billion over five years through including an initial investment of $110 million followed by $55 million annually beginning in 2014 into the Strategic Aerospace and Defense Initiative (SADI) which will help fund…
Cambridge, Ontario (Marketwire – March 27, 2013). With the release of the 2013 Federal Budget, SME’s, particularly those in manufacturing or involved in research and development, applauded the announcement as it confirms they will continue to be positioned as a top priority in the plans to strengthen Canada’s economy. Precise details regarding funding allocations for…
Cambridge, Ontario (February 28, 2013) Canadian manufacturing organizations have embraced workflow and resource management software to eliminate bottlenecks and maximize productivity across their company structure. However, implementing, customizing, and upgrading Enterprise Resource Planning (ERP) systems can be very resource intensive, both in terms of human and financial resources. SME’s across Canada can attest to the necessity…
On February 15th Ontario’s new premier, Kathleen Wynne of the Liberal Party of Ontario met with members of Ontario’s Jobs and Prosperity Council, business leaders and young entrepreneurs for her first round-table discussion. During the discussion the premier pointed to the net increase of 320,000 new jobs in Ontario since the recession of 2009, and…
The Pre-Competitive Advanced Research Network is an industry-led, Ottawa-based consortium of 39 companies. These companies work together to develop receptor capacity for advanced basic research in robotics and artificial intelligence. The fundamental science is drawn from the Institute for Research Intelligent Systems (IRIS). Details of PRECARN Research and Development Funding for Small Business PRECARN…
This seminar covering funding for small business programs available to SME’s in Ontario is hosted by Seradex. Seradex is a top supplier of ERP Software with a host of products and flexible functionality for the make to order manufacturer. When: Wednesday Feb. 13th from 9am-4pm Where: McMaster’s Ron Joyce Centre, 4350 South Service Road Burlington, ON L7L 5R8…
IRAP (Industrial Assistance Research Program) provides customized innovation and business funding grants particular to your business needs. Companies that in interested in the possibilities of government funding for business through IRAP should contact their local IRAP Industrial Technology Assistant (ITA). Although nothing has been officially announced in terms of IRAP small business funding grants for…
Process and operational improvements can take form in a wide range of applications, from lean manufacturing, system or software upgrades, implementation of new or improved ERP systems, advanced capital equipment, to employee training initiatives. Oftentimes, the transition towards reducing waste, increasing runtime, reducing equipment changeover time and improving throughput—amongst other efficiency metrics—can pose a significant…