How to Benefit from the Ontario Interactive Digital Media Tax Credit (OIDMTC) If you are an Ontario business that developed interactive digital media products, the OIDMTC can assist you with labour, marketing and distribution expenditures. Is My Company Eligible? Canadian companies that develop eligible products at a permanent Ontario establishment and file an Ontario tax…
Research and Development Support – Hiring Graduates Ontario Centres of Excellence offers support for Ontario Businesses to hire knowledgeable and highly skilled graduates from Ontario Colleges and Universities and the application process is open. The Provincially funded program provides employment opportunities to graduates with research and development expertise to bring results in developing new services,…
Announced in Waterloo on Sept. 25th, FedDev Ontario has launched the Graduate Enterprise Internship, an $80M initiative, a new hiring funding program for science, technical, engineering and math graduates and undergraduates to support mentorship and development with local SMEs in Southern Ontario. The program will support up to $15,000 of the costs of a six-month internship for someone who is…
Recently approved and good news for the areas of Kitchener-Waterloo, Guelph, Cambridge and Hamilton, University of Waterloo is now the delivery agency on behalf of Industry Canada for an internship program to promote the hiring of post-secondary graduates from local colleges and universities. U of Waterloo is now accepting applications for the 2010/2011 Small Business…
Another hiring program, and probably the most popular, is the Accelerate Ontario program. As Ontario’s Graduate Research Internship Program, the goal is to connect high-quality expertise from the province’s universities with Ontario businesses. The partner company contributes $7,500 and the funds are matched by Accelerate Ontario through Government Canada. The benefits to the company are…
Partnerships with SMEs & Universities/Colleges To encourage post-secondary institutions in southern Ontario to increase partnerships with SMEs and undertake pre-commercialization and applied research development expertise projects, the Federal Economic Development Agency (FedDev Ontario) have provide up to $15 million in funding to accelerate the collaboration. The greater collaboration will enhance innovation, improve productivity and competitiveness…
Using the two most popular government funding mechanisms for hiring (see previous blogs) to grow your business, it may appear complicated or too good to be true at first glance. But SMEs have great potential to expand our horizons. I recommend contacting our local Conestoga college and Ken Buitenhuis [kbuitenhuis@conestogac.on.ca] for support on how to provide small business owners…
Please Note: Export Market Access is now closed and not accepting further applications. For trade show grants and other forms of export support, learn more about the CanExport program. Through FEDDEV Ontario, SMEs are able to improve their position in accessing new markets to China and Hong Kong, India and the US marketplace. The EMA program will…
Please Note: Export Market Access is now closed and not accepting further applications. For trade show grants and other forms of export support, learn more about the CanExport program. Through FedDev Ontario, small and medium sized enterprises will be able to improve their position in global markets with focus on two trade missions – one to China…
The second Intake of CAF provides support to SME’s in Southern Ontario through a federal loan mechanism, at zero percent for 10 years. Community Adjustment Fund will prioritize manufacturing communities that depend on a single industry and has a population of less than $250,000, and supports economic recovery and job creation. The focus is on…