If you are located within the Enbridge Gas Distribution area and intending to build for commercial, institutional or multi-unit residential occupancy, by following Part 3 of the Ontario Building 2006 – then you may qualify for NBCP savings. The program helps offset the costs of designing more energy-efficient buildings through incentives of $0.10/m3 of annual…
The Government of Canada and Ontario Provincial Government are realizing the potential that exists when businesses collaborate with local colleges and universities. This can be seen in the increasing number of collaboration programs that are being supported by the Government, such as CONII, NSERC Engage, and Connect Canada. The Ontario Centres of Excellence (OCE) is…
Ontario Centres for Excellence – Talent Initiatives To foster training, Ontario graduate students in science, technology or engineering or post-doctoral fellows may enrol in the VAP certificate program. The purpose is to develop essential entrepreneurship and business skills to extend their technical expertise. VAP courses are delivered by business school faculty across Ontario as one and…
The Co-operators and the University of Guelph have formed a partnership to create the Centre for Business and Social Entrepreneurship (CBaSE). Through this Centre, the University aims to aid the collaboration of University of Guelph students and professors with local businesses. Typical Research Projects CBaSE supports a number of projects that can be outsourced to…
Ontario Centres of Excellence has designed a program called Market Readiness to support the development of commercial applications for technology manufactured within Ontario’s universities, colleges and research hospitals. The primary objects is to advance technology for the next stage of commercialization – the transfer to an existing company, or the creation of a new enterprise….
The Ontario Innovation Tax Credit program is a program for corporations that make payments on scientific research and experimental development in Ontario. This program is a 10% refundable tax credit and is available to public and private corporations. The maximum funding for this credit is $300,000 annually. Businesses Eligible for this Tax Incentive Your corporation…
The Ontario Tax Exemption for Commercialization program supports innovation in Ontario’s economoy by promoting intellectual property developed by eligible Canadian universities and colleges. The OTEC program applies to new corporations and offers an exemption from Ontario’s corporate income tax and corporate minimum tax for the first ten taxation years of the corporation applicant. Therefore, this…
This program is a branch off the main fund that was launched by the Ontario government called the Next Generation of Jobs Fund (NGOJF) which is a five-year program aimed at developing new technologies and services for international markets. This specific stream, Jobs and Investment Program, focuses on supporting business expansion or retention and attracting…
Any company would agree that their employees are the key to business success. A great workforce can save a struggling company and carry it to the forefront of the industry. However, human resource activities aren’t cheap. Large corporations can afford to allocate significant budgets to the hiring process, however most Canadian businesses struggle to budget…
The Job Creation (JCP) program is a unique Ontario small business funding mechanism. JCP support unemployed workers by providing them with EI benefits as they complete an internship program, while looking for full-time work. The fund allows businesses to hire a contract worker to fill a temporary position at a discounted wage rate. What the…