Mississauga, Ontario based aerospace parts manufacturer, Koss Aerospace, will receive Ontario government funding from one of FedDev Ontario’s Southern Ontario Prosperity Initiatives (SOPI) to support facility expansion efforts, creating jobs in the region. Through the Investing in Business Growth & Productivity (IBGP) Ontario funding, Koss Aerospace will receive an investment of nearly $5M, which will…
The Ontario provincial government is actively distributing their Southern Ontario Prosperity Initiatives (SOPIs) to encourage economic growth, job creation, and innovation. Wolf Steel Ltd., a Barrie-based manufacturer of Napoleon Fireplaces, was recently awarded over $4 million in repayable Ontario government funding through the Investing in Business Growth & Productivity (IBGP) small business loan. This funding…
The Southwestern Ontario Angel Group (SWOAG) will receive funds through the non-profit stream of FedDev Ontario’s funding program, Investing in Business Innovation (IBI). The investment of $500,000 will help the organization to increase its membership as well as its pool of investment funds to enhance its support of earl-stage, high-growth companies. FedDev Ontario Mandate to…
The Federal Economic Development Agency for Southern Ontario (FedDev) offers Ontario government funding programs through the Southern Ontario Prosperity Initiatives to organizations that play a role in developing southern Ontario’s economy. One of the key funding programs is called Investing in Business Growth and Productivity. IBGP Government Funding for Not-for-Profits: Company Eligibility Not-for-profits eligible for…
In the fall of 2013, FedDev Ontario launched a series of new funding programs through the Southern Ontario Prosperity Initiatives (SOPIs). This five-year plan has strategic government funding programs aimed at increasing the diversity and profitability of Southern Ontario’s economy. The Investing in Commercialization Partnerships (ICP) program is focused on encouraging the development of business-led…
Investing in Business Growth & Productivity: Not-For-Profits focuses on strengthening the productivity and global competitiveness of southern Ontario businesses. Investing in Business Growth & Productivity is offered through The Federal Economic Development Agency for Southern Ontario (FedDev) as a part of their suite of Ontario business grants and loans called Southern Ontario Prosperity Initiatives (SOPIs). SOPIs are a new suite…
Investing in Business Growth and Productivity (IBGP) is issued by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). IBGP is a part of the $530 million suite of programs called Southern Ontario Prosperity Initiatives (SOPIs). Small Business Loans Ontario –Funding Details IBGP small business loans offer up to $20 million of funding per…
The Investing in Commercialization Partnerships (ICP) is a new grant funding program that supports projects with funding of up to $20 million. Eligible organizations must be not-for-profit organizations that are located in Ontario such as publicly funded colleges and universities, industry associations and research institutions. Not-for-profit organizations must have an industry partner to work with as…
Investing in Regional Diversification (IRD) is a new program offered through FedDev’s Ontario 2013 Action Plan. This program is a non-repayable Canadian government grant, which covers 50% of project costs up to a maximum of $20 million. The remaining 50% must be provided as a cash contribution. IRD Government Grants Canada for Not-For-Profits -Program Focus…
FedDev recently launched a new suite of Canadian business grants and loans called Southern Ontario Prosperity Initiatives worth $530 million collectively. In response, Mentor Works is offering a string of complimentary workshops and webinars to help educate applicable businesses. Our webinars will focus on these new programs, including Investing in Business Innovation (IBI) and Investing…