CICP Relaunched as Build in Canada Innovation Program (BCIP) to Bridge Technology Gap Through Government Acquisitions
The Honourable Rona Ambrose announced that the Canadian Innovation Commercialization Program (CICP) has received permanent commitment under the new name Build in Canada Innovation Program (BCIP), which aims to bridge the technology gap between the R&D stage of projects and the pre-commercialization phase through government acquisitions. The announcement was made at the WesDef, western Canada’s […]
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 […]
Cornwall Business Expands with Assistance From the Southern Ontario Fund for Investment in Innovation (SOFII)
Chalk up another victory for Canadian government funding as MPIQC expands its facilities with assistance from the Southern Ontario Fund for Investment in Innovation (SOFII) program. MPIQC is an electronics manufacturer that provides products and services for a vast assortment of clientele including space and satellite, military and defense contractors, communication firms, government, automotive speciality […]
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 […]
Aerospace Technology Demonstration Program is Economic Action Plan’s Newest Funding Initiative
The Canadian aerospace industry is made up of over 700 companies and employs more than 170,000 Canadians according to the Aerospace Industries Association of Canada. In Canada, the aerospace industry generates over $42 billion in revenue and can be split into two major sectors which are manufacturing, and repair and maintenance. More than 20% of the […]
Digital Technology Adoption Pilot Program (DTAPP) and Small Business Funding to Assist With the Adoption of Digital Technologies
Congratulations- by reading this blog you fall into the 87% of Canadian enterprises that use the internet during the daily activities of your business. With such a high internet usage rate, why is it that in 2012 only 45% of Canadian businesses have websites? Common reasons for not having a website include: – Doubt on […]
Cassel Brewery Receives Funding Through EODP for Expansion
Cassel Brewery, located east of Ottawa, has been awarded funding through the Eastern Ontario Development Program (EODP) and the Prescott-Russell Community Development Corporation (PRCDC) in the amount of $55,000. Cassel Brewery is a recently started microbrewery by Mario Bourgeois and wife Mylene that produces both Stout and IPA beer. The brewery plans to use the […]
Canada Media Fund’s (CMF) Interactive Digital Media Projects Reviewed by Internationally Renowned Jury
Last week, a jury of nine internationally renowned jury members involved in the digital media sector, visited Toronto to give their insights on innovation, as well as to help evaluate Canadian digital media projects that have applied for production assistance from the Canada Media Fund’s (CMF) Experimental Stream. They will also help assess the capabilities […]
The High Cost of Ontario Power Rates for Manufacturers Can Be Offset by Government Programs
Ontario’s high power rates could be a deterrent for companies to locate in the province. According to the Association of Major Power Consumers of Ontario, industrial customers within the province pay approximately $85 per megawatt hour, which is more than double in comparison to rates in Manitoba, Quebec and rates in Michigan, USA. This has been a major […]
Canada Posts First Trade Surplus in a Year
Rising US demand has generated an increase in Canadian exports, allowing for the first trade surplus in a year. Statistics Canada reported a 5.1 % increase in exports in March 2013 to $40.5 billion, with only a 1.7% increase in imports to $40.4 billion. Exports to the United States were responsible for three-quarters of the […]