Automotive businesses are heavily incentivized by all levels of government to promote critical large-scale investments. There are several small business grants and loans that automotive manufacturers can apply for, including the popular Southwestern Ontario Development Fund (SWODF). SWODF is a catalyst for business investment in Ontario and recently provided government grants to seven automotive manufacturers…
Brotech Precision CNC is a custom manufacturer of Computer Numeric Control (CNC) precision-machined metal components. Since 1995, the company has been a valued supplier to some of the world’s most innovative businesses in the aerospace, medical, military, and the energy industries. The manufacturer was recently announced as recipients of Ontario government funding through the Southwestern…
Ferrero International is the world’s third-largest manufacturer and distributor of confectionary goods. The company, best known for their chocolate treats, has an expansive network of 22 manufacturing facilities worldwide including Canadian operations in Brantford, Ontario. Ferrero Rocher, Nutella, Tic Tac, and Kinder Surprise are just some of the products made there. The company’s Canadian subsidiary,…
Update: Please access this article for current intakes of the Interactive Digital Media Fund. Digital technologies are transforming the way that people live, work, and consume information. To help media production companies keep up with the shift towards interactive, digital content, government grants are available to offset some of the costs associated with product definition and…
Exporting is one of the most important growth strategies used by businesses across Canada. Nearly 73,000 Canadian small and medium-sized businesses (SMEs) leverage new markets and opportunities outside of the country by exporting goods or services. This, however, only accounted for 11.8% of SMEs in Canada signaling that there is reluctance among Canadian businesses to…
Treasure Mills Inc. has been recently announced as recipients of the Growing Forward 2 Ontario government funding program. The company will leverage up to $100,000 in Ontario small business grants to purchase/install automated baking and washing equipment while also improving their drainage and refrigeration systems. The Aurora, Ontario food processor is the latest of many…
With cap and trade programs making an increasing appearance in news headlines, Ontario businesses should be aware of the carbon tax regulations that are coming into effect. Ontario’s Cap and Trade regulation went into force on July 1, 2016 and will officially launch on January 1, 2017, which businesses should look at closely, as energy-based…
Sudbury’s economy is receiving a boost after three local small businesses were announced as recipients of Northern Ontario Heritage Fund Corporation (NOHFC) funding. Over $1 million in business expansion funding will help the companies create up to 27 new jobs and increase their innovative abilities. Among those awarded are Stack Brewing, Hard-Line Solutions, and A&M…
Ontario Trillium Foundation (OTF) is a provincial agency who works at arm’s-length from the provincial government to administer non-profit funding programs. For over 30 years OTF has provided a critical source of funding for non-profits, branches of charities, and aboriginal organizations to plan and execute community-based initiatives. Most non-profit grants provided by the Ontario Trillium…
Modern healthcare technologies (healthtech) are transforming Ontario’s health care system to provide greater care for patients at a lower cost. This rapid acceleration of innovation has made the province a better place to live, work, and perform scientific research in. Businesses may take advantage of Ontario’s healthtech ecosystem, which includes a variety of research grants,…