In its most recent Federal budget, the Canadian Government has allocated $500M to the Canada Foundation for Innovation (CFI). The investment is one of many Federal Support Initiatives for Research and Development that were announced earlier this month in the 2012 Federal Budget. CFI provides business funding grants to support the purchasing of cutting-edge research…
The Canadian Government has announced their plan to provide research and development funding to the Canadian Institute for Advanced Research (CIFAR). The investment is one of many Canadian Government Funding Initiatives that were announced as a part of the 2012 Federal budget. CIFAR will receive approximately $10 million dollars over the next two years through…
One of the major challenges faced by small businesses and start-ups is the inability to access investment capital. Many entrepreneurs will have to pitch their business concepts to several groups of angel investors and venture capitalists before they are able to aquire start-up funding. An exciting and engaging business presentation is one of the major…
The Canadian Government supports the aerospace, defense, space and security (A&D) industries by providing research and development funding through the Strategic Aerospace and Defense Initiative (SADI). The program offers repayable business funding grants towards the development of next generation products and services related to the A&D industries. Projects involving Collaborative Research and Development are encouraged;…
As of late, there has been a lot of discussion regarding the changes to the Ontarios budget for research and development funding. The Honourable Gary Goodyear announced an increase to National Research Council Canada’s Industrial Research Assistance Program (NRC-IRAP) in his 2012 budget hearing last Friday. The new budget allocates approximately $110M for 2012/2013 of…
The Canadian Government sector, FedDev Ontario, has announced a top-up of funding to a pre-existing Ontario business grant called the Applied Research and Commercialization Initiative (ARC). The initiative is a Small Business Funding Program for Research and Development projects involving post-secondary collaboration. The program provides funding to accelerate research and development and enhance innovation and…
April appears to be a busy month for those who are looking to receive one of the soon to be released Canadian business funding grants. The federal and provincial governments begin their release of several Government Funding Grants for Small Business in April of every year. The end of the month can already seem quite…
A common barrier to innovation and productivity within Canada is the inability to access Government Funding for Research and Development. Recently an expert review panel has released a list of recommendations to simplify the research and development funding process for Canadian SMEs. These recommendations look to streamline the application process without significantly altering the actual…
The Innovation Factory is holding their annual open house and innovation celebration for the Hamilton Business Community. Recognition will be given to some of the year’s most successful innovators along with their Research and Development Funding partners. Presentations may also include informational seminars on the new projects and organizations that will be receiving Ontario Government…
Research and Development is a costly process for any business, especially for those who are unable to leverage their expenses with Ontario business grants. The Centre for Research Innovation Commercialization (RIC) will be holding a business development workshop focused on finding finance and funding for small business research and development projects. When: April 11, 2012…