Last November, the McGuinty Government proposed the introduction of several new grants for small business in Ontario to promote job creation and economic prosperity. So far, they have released several small business funding grants including the Eastern Ontario Development Fund (EODF) and Ontario-China Research Innovation Fund (OCRIF). With the relative success of these programs, the…
The Research Innovation Commercialization (RIC) Centres have recently released a new campaign of grants for small business in Ontario. The VentureStart Program looks to support Canadian entrepreneurs with innovative products or ideas for start-up businesses. VentureStart offers up to $30K in Canadian Government grants or 50% of start-up expenditures by means of a cost-sharing program….
The Community Futures Development Corporations (CFDC) is a non-profit group that supports innovative entrepreneurs and small businesses by providing low interest loans for their expansion projects. CFDC receives Canadian Government grants from FedDev to support to SMEs in rural Ontario. They focus their funds to specific rural areas by creating programs to improve and diversify…
Conestoga College has recently joined the list of post-secondary institutions that offer the Graduate Enterprise Internship Program (GEI), also known as the iSTEM Program. The program is one of several Hiring Grants for Small Business in Ontario. The GEI/iSTEM program contributes 50% of a graduate’s wages, up to $10,000 per hired candidate, for 6-month internship…
Situated within Canada’s Technology Triangle, Wilfrid Laurier University (WLU) is one of Canada’s most well-known universities for their provisions of high quality and innovative learning experiences. The ongoing success of their graduates is earning them a reputation as one of Canada’s leading business schools. Laurier’s impressive graduate employment rates are partially due to their ability…
The Northern Ontario Heritage Fund Corporation (NOHFC) has recently established a Canadian government funding program for community development and infrastructure projects for Northern Ontario communities and businesses. The program funds projects that have the potential to create jobs and attract economic development opportunities to promote prosperity within those communities. Canadian Government Funding for Infrastructure Projects The…
Over the past 30 years, Conestoga College has proven itself as one of Canada’s most innovative and diverse colleges. They have a number of campuses located within Canada’s Technology Triangle including their new Engineering facility located in Kitchener just south of the 401. Each year, Conestoga awards thousands of degrees and diplomas to graduates in…
More research is being conducted by Ontario’s Medical Technology Sector through Canada’s new business funding grants. The Health Technology Commercialization Program (HTCP) is a Canadian government funding program that is administered by The Health Technology Exchange (HTX) and the Ministry of Research and Innovation (MRI). The HTX received 14.2M in funds to distribute business funding…
The Canadian Manufacturers & Exporters (CME) has just released the application forms for their new business funding grant; the SMART Prosperity Now Program. For those who are unaware, the CME Smart Prosperity Now Program is a non-repayable business funding grant that can provide up to $75,000 or 33.3% of eligible expenses and activities for manufacturing…
New rounds of funding proposals are being accepted by the Ministry of Economic Development and Innovation for the Ontario-China Research and Innovation Fund (OCRIF). The upcoming round of Ontario government funding for research and development will act as a cost-sharing program and provide up to $250,000 dollars to Canadian researchers per project. The project costs…