Administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Investing in Business Innovation (IBI) offers small business loans to assist high growth, innovative startups and early-stage businesses in commercializing new products, processes, and technologies. Southern Ontario businesses with private funding that require additional cash flow can use IBI to help accelerate late-stage…
London, Ontario is home to several of Canada’s most successful research and development-focused manufacturing businesses. With over 30,000 citizens of London’s 366,150 inhabitants being employed in advanced manufacturing jobs, the city’s economy relies on the continued success of its manufacturing businesses. Over 700 manufacturing companies exist in London due to world-class infrastructure, close proximity to…
According to a 2014 release of Statistics Canada data, Canada continues to decline in its commitment to innovation. The portion of Canadian businesses investing in process innovation fell from 33.5% in 2007-2009 to 29.0% in 2010-2012. Similarly, innovative businesses in Canada fell from 76.3% to 60.1% in the same time period. This decline is alarming….
Moncton, New Brunswick business TRC Manufacturing – a division of TRC Hydraulics – will be receiving up to $668,657 in Industrial Research Assistance Program (IRAP) Mid-Size funding for the research and development of two innovative projects. TRC Hydraulics, a leader in Atlantic Canada for the design of customized solutions in mining, forestry, marine, oil, and…
Editor’s Note: Since this article’s posting, TECTERRA funding programs have been re-launched to provide enhanced support. For details of these new funding streams, visit Mentor Works’ TECTERRA program page. TECTERRA, a publically funded Geomatics industry association, provides Geomatics businesses in Alberta with Canadian government funding through a range of small business grants. TECTERRA helps businesses…
Alberta Innovates Technology Futures offers Alberta SMEs support for research, development, and innovation. Their goal is to help build healthy, sustainable, and innovative businesses in the province. This post will focus primarily on the funding programs offered through Alberta Tech Futures, but they provide Alberta small businesses with a range of services including: Technical Services:…
It seems that in the last few years, society has introduced more new ways to interact with technology than ever before. The origin of the computer keyboard can be traced back to the invention of the typewriter by Christopher Latham Sholes in 1868. This was followed by the computer mouse in 1964, and the first…
The Ontario Centres of Excellence (OCE) is a non-profit organization that distributes government funding for research and development through numerous programs to support R&D efforts including collaboration between industry and academic partners. The Colleges Ontario Network for Industry Innovation (CONII) program is a program that connects small and medium size businesses with Ontario Colleges to…
The Canada Media Fund, a low interest loan for digital media companies, has announced its deadlines for all three segments of the Experimental Stream for 2014. We have discussed the Canada Media Fund Experimental Stream in the past, so please refer to our Canada Media Fund Overview Blog for more general information on the program….
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….