Due to the unprecedented global pandemic which significantly affected all industries, companies needed to develop innovative solutions in order to adapt and survive. In this five-part series, we examine how the top technology trends forecasted for 2020 have shifted in… Read more »
NorthBridge Consultants’ Canadian Business Blog is dedicated to bringing businesses news and information to help companies identify and access the most appropriate government funding programs.
We offer opinions and insider information that can provide a pulse on government initiatives, the health of the Canadian economy, and firsthand thoughts from Canadian business owners.
2020 Technology Trends Shift Due to COVID-19: Part 1 Connectivity
Continuous developments in technology fuel significant improvements in our quality of life and spur economic growth. The tech sector plays a major and vital economic role, particularly in Canada, where the ICT sector contributed to 4.5% of the total GDP… Read more »
Potential extension of IRAP IAP as concerns grow over lull in private financing for start-ups
Government investment in early-stage companies is of particular importance at a time when there is a growing concern that many Canadian startups that rely on angel investors may be losing access to funding due to global uncertainty and border restrictions.… Read more »
CEWS Program Extended
As a result of COVID-19, many Canadian employers have seen significant drops in revenue in recent months. Following the initial fallout of the global pandemic, the federal government responded by establishing Canada’s COVID-19 Economic Response Plan to insulate Canadian citizens… Read more »
New Funding Opportunities from Innovative Solutions Canada
The government of Canada is seeking to partner with eligible Canadian small businesses and innovators, to facilitate the early development, testing and validation of prototypes to solve major challenges through funding from Innovation Solutions Canada. Two new challenges were recently… Read more »
New Intellectual Property Action Plan Aimed at Promoting Canadian Growth
In turbulent times like these, funding is more important than ever to ensure that your business has the means to continue innovating while maintaining its order of operations. Intellectual property (IP) is a valuable intangible asset that can be leveraged… Read more »
Waterloo Region Scale-ups receive nearly $30M in Federal Investment
On July 29, 2020, Minister Mélanie Joly announced an investment of nearly $30M by FedDev Ontario for Waterloo Region based scale-ups in the fields of advanced manufacturing, medical technology, information and communications technology and video communications. The announcement was made… Read more »
NorthSpring Capital Portfolio Company Announces IPO
We would like to extend a warm congratulations to our affiliate company, NorthSpring Capital Partners, on their first portfolio company, Perimeter Medical Imaging, going public. Perimeter Medical Imaging AI (PMI), a Toronto-based Medical Imaging and AI company with operation in… Read more »
Canada Emergency Wage Subsidy and Its Impact on SR&ED Claims
The Canada Revenue Agency (CRA) has officially announced that the Canada Emergency Wage Subsidy (CEWS) and the 10% Temporary Wage Subsidy for Employers will be considered government assistance. Thus, assistance received under either wage subsidy will reduce the amount of… Read more »