Subsidized Wages for Interns – Conestoga College

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…

Ontario Flagship Program – Supporting Medical R&D in Ontario

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…

CME SMART Prosperity Now – FAQs

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…

Ontario-China Research & Innovation Fund Update

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…

CME SMART Prosperity Now Ontario Business Grant: Now Open

The CME SMART Prosperity Now program is now accepting applications for small business funding grants through the CME SMART Prosperity Now Online Application. This recent Ontario business grant has replaced the previous funding mechanism, CME SMART, and now has new requirements for funding eligibility as mentioned in our previous blog CME SMART Prosperity Now. In…

Ontario-China Research and Innovation Fund (OCRIF)

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 government funding for research and development will act as a cost-sharing program and provide up to $500,000 dollars per project. The project costs will be shared 50:50…

Low Interest Loans for ICT Purchases – BDC

Canadian SMEs are now at a state of corporate culture where almost every business must possess some type of hardware and software relating to Information and Communications Technologies (ICT). However, the constant development of new technologies causes businesses to have to compete with one another by investing in new information technologies and software systems that…

Canadian Government Funding Process – MITACS Enterprise

At the moment, one of our most popular government funding programs regarding the hiring of new talent is the MITACS Enterprise Program. This is a 6-month internship program that would give post-secondary graduates or Masters students/graduates in the science, technical, engineering, and math (STEM) disciplines a chance to gain valuable skills and experience by working…

Ontario Research and Development Tax Credits for Small Businesses

Small Businesses in Canada operate with a wide variety of options to choose from regarding government incentives for Scientific Research and Experimental Development Programs (SR&ED). The government realizes the potential benefits of R&D projects along with the risks and costs associated with it. Therefore, the Canadian Government has released various tax credits which can be…

Research and Development Incentives for Canadian SMEs

Research and Development is a costly process that will not always yield the intended returns. However, it is a necessary process to promote growth and innovation within Canadian Industries. This is why the Canada Revenue Agency (CRA) is offering the Ontario Business Research Institute Tax Credit (OBRITC). Businesses who are considered eligible will receive a…