ICTC Career Focus Hiring Grant
The Information and Communications Technology Council (ICTC) has launched a hiring program by the name of CareerConnect. This program assists businesses to obtain funding for hiring post-secondary graduates who are between the ages of 15-30. Eligible companies can receive 50% of the eligible participant’s salary up to $16,000. These graduates must currently be unemployed or underemployed […]
Yves Landry Assists Swift Canoe with Skills Training
The Yves Landry Foundation, funded through the Government of Canada, was established to advance technological education and skills training. Manufacturers who have been continuously in business for at least three years in Northern Ontario may be eligible for Yves’ AIME North Initiative. The program was first released after a $2 million investment through FedNor in […]
SR&ED and IRAP Funding Available to Assist Canadian Technology Startups
A recent PwC report found that Canadian start-up companies are looking more into building their business than into Mergers & Acquisition exits. Government funding provides significant assistance for Canadian technology start-ups, with 50% of start-ups surveyed applying for at least one source of funding, according to the report. Amongst these start-ups, 35% said they took […]
Repeal of Industrial Exception Means Professional Engineers Required for Production Equipment Modifications
A recent press release by the Professional Engineers Ontario (PEO) indicated that the Government of Ontario has approved a change to the Professional Engineers Act that will remove the so-called industrial exception starting on March 1, 2013. This means that professional engineering work on equipment or machinery used to produce end products must now be […]
Bioniche Life Sciences Inc. Recieves IRAP Funding
Canadian business funding is moving from tax credits towards more direct funding of grants and loans. A popular grant program among SME’s is the IRAP program, which is Canada’s premier innovation assistance program that provides cost-shared financial assistance for research and development projects. The program connects each company with an Industrial Technology Advisor (ITA) who […]
Increase Sales Internationally To Stay Competitive
To stay competitive companies need to expand into foreign markets to increase sales and grab new customers. In today’s economy it may be hard for companies to expand due to financial restrictions, however, it is becoming increasing critical to gain an international presence in the global economy. The government often assists companies to offset some […]
Lambton Conveyor Receives $1.5 Million Grant in Chantham-Kent County
On October 19th, the provincial government announced the opening of the Southwestern Ontario Development Fund (“SWODF”), which is designed to provide financial assistance and incentives to innovate and grow Ontario’s economy and create local jobs. The fund is region specific, as only companies within the 17 geographic areas of Southwestern Ontario are eligible for funding. […]