Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. The Investing in Business Growth & Productivity Ontario government funding program is one of the programs that make up the Southern Ontario Prosperity Initiatives (SOPI), administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The SOPI program, founded…
Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. Administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Investing in Business Growth & Productivity (IBGP) is one of core programs which comprise the $530 million Southern Ontario Prosperity Initiatives (SOPI) running from 2014-2018. IBGP has a stream…
FedDev Ontario’s 2014 launch of the Southern Ontario Prosperity Initiatives (SOPI) provided $530 million for small businesses to finance a variety of innovative and productivity-building projects. Investing in Business Innovation (IBI) is one of the four business-oriented programs created through the SOPI’s and aims to assist early-stage businesses to commercialize new, innovative products and processes….
The Investing in Business Innovation (IBI) small business loans program was created as part of the $530 million Southern Ontario Prosperity Initiatives (SOPIs). Provided through the Federal Agency of Economic Development for Southern Ontario (FedDev Ontario), IBI provides funding for early stage businesses to commercialize new, innovative products and processes. For many businesses overcoming technology…
Canadian small-and-medium sized businesses (SMEs) are vital to the success of the economy and well-being of all Canadians. In 2012, nearly 90% of the Canadian workforce was employed by SMEs, and these businesses were responsible for contributing close to 30% of Canada’s overall GDP. In Ontario, SMEs employ over 3.8 million people and are a…
MiMi Foods produces premium dough products for the Grocery and Food Service industries. Making a range of products from frozen pizza dough balls to pizza crusts, flatbreads, and focaccia, they have established themselves as a premier producer of artisan doughs and breads. Increasing success in recent years has maximized production output at their facility in…
FedDev Ontario is committed to growing the Ontario economy through a wide range of resources, support services, and government funding for small business, academic, and community projects. In 2013, Ontario accounted for 36.7% of Canada’s GDP, and the provincial government is committed to retain and improve this prominence. As a result, FedDev Ontario has helped…
This month marks the beginning of a new venture for several Kitchener-Waterloo entities and Canada’s committed to big data analytics. FedDev Ontario has announced up to $3 million for Communitech Corporation to establish the Open Data Exchange (ODX) in Waterloo, Ontario. ODX is a partnership between Communitech, the University of Waterloo, D2L (Desire2Learn), CDMN (Canadian…
London, ON business Starlim North America was recently awarded $4M as part of the Investing in Business Growth and Productivity program (IBGP). Under this FedDev Ontario program, businesses can receive up to 25% of eligible project costs in a 0% interest government loan. This Canadian government funding program is ideal for large business expansion projects…
The Ontario government is very active in their distribution of Ontario small business funding this month. In addition to the recent FedDev Ontario funding awarded to HubHead ($625K) and MappedIn ($600K), the government has announced three more recipients of the Investing in Business Innovation (IBI) repayable Canadian government funding program. FedDev Ontario Funding: Investing in…