Digital media developers often struggle to grow their businesses internationally. This missed opportunity can significantly limit revenues and reduce future growth potential; however, government incentives exist to help remove international market barriers. Organizations such as the Ontario Creates (formerly OMDC) provide access to government funding to offset expenses to improve the viability of export market…
Advanced manufacturer, Triangle Fluid Controls, has been awarded up to $186,000 in small business grants to expand production capacity. The investment will help the company build a 12,600 sq. ft. extension onto its existing facility, as well as purchase new production and laboratory testing equipment. These upgrades will help the company boost product quality to…
The Greenbelt Fund is an Ontario-based non-profit organization dedicated to the growth of food producers and processors. This mandate has led to the development of the Greenbelt Fund: Local Food Investment Fund, an Ontario government grant supporting projects that increase the amount of Ontario-grown or made foods consumed. Through the Greenbelt Fund’s Local Food Investment…
London, Ontario manufacturer, Armo-Tool, has been awarded up to $611,600 in small business grants to support facility infrastructure upgrades. The investment will allow Armo-Tool to construct a 20,000 sq. ft. expansion and purchase new equipment to fill it, helping the manufacturer to boost production capacity and become more innovative. The Government of Ontario will provide this investment through…
With the implementation of the Ontario Cap & Trade Program, greenhouse gas (GHG) emissions are a popular topic in Ontario. As the province switches to a cleaner electrical grid, the cost to provide electricity goes up; this can influence the profitability of heavy energy users. However, many companies are considering projects to improve their energy…
In 2016, the Canadian Radio and Television Commission (CRTC) ruled that all Canadians deserve broadband-quality Internet access. This means that Internet infrastructure must meet or exceed download speeds of 50 megabits/second (Mbps) and upload speeds of 10 Mbps. Since not all Canadians have access to sufficient business or residential broadband services, significant work will need…
Northern Ontario’s agriculture industry is experiencing rapid growth thanks to affordable real estate and a warming climate. New opportunities are becoming available to start or expand agricultural operations in the north; this is providing businesses with reasons to be optimistic. Approximately 16 million acres of ideal farming land is ready for development in northern Ontario and…
The Interactive Digital Media Fund (IDMF) is an Ontario government funding program supporting the development of interactive digital media projects that educate, inform, and/or entertain end users. Applicants are encouraged to apply during two annual intake periods to secure additional project funding and improve their final product. The Interactive Digital Media Fund is divided into three…
FedDev Ontario recently announced that it will provide local manufacturer, Stanpac, Inc., with a $4.5 million investment through the Investing in Business Growth and Productivity (IBGP) program. This Ontario government funding will help Stanpac expand its manufacturing operations in Smithville, Ontario. The expansion project, which is estimated to cost a total of $45.6 million, will allow…
TargetGHG Collaborative Technology Development Program grants support the development of innovative products and processes that lead towards a significant reduction in greenhouse gas (GHG) emissions. Through the program, Ontario-based businesses may receive government funding to enter into a clean technology (cleantech) partnership with at least at least one other R&D partner. The consortium’s lead applicant…