SWODF Funds Business Expansion in South-Western Ontario
Companies in Southwestern Ontario that are looking to expand should consider the Southwestern Ontario Development Fund (SWODF). If you are planning to invest in new operations, improve competitiveness, improve productivity or pursue new markets, and will be creating jobs in south-western Ontario, you may be eligible for government funding. SWODF will cover up to 15% […]
Government Grant Case Study: Ontario Manufacturer Qualifies for Expansion Grant
NorthBridge engaged an Ontario manufacturer that was looking to hire new employees and undertake a multi-million dollar expansion project. The company was expanding their facility and adding new equipment in order to increase capacity and better serve their customers. The company had applied for the SR&ED program but was unaware of government funds that were […]
Northern Ontario Internship Program
The Northern Ontario Heritage Fund Corporation (NOHFC) has opened a funding program to support the hiring of recent graduates in Northern Ontario. Through the Northern Ontario Internship Program (NOIP), businesses can receive a grant up to 50 percent of a recent graduate’s salary to a maximum contribution of $31,500 , for a 52 week internship. NOIP […]
Growing Forward 2 Ontario Funding for Agri Processors
Growing Forward 2 (GF2) is a comprehensive federal-provincial-territorial initiative aimed at encouraging innovation, competitiveness, market development adaptability and industry capacity in Canada’s agri-food and agri-product sector. Under Growing Forward 2, there is funding available to support agriculture processors through Project Planning (50% cost share) and Project Implementation (35% cost share) projects. Both streams offer non-repayable grants, […]
IRAP Assists Gener8 With Innovation
Gener8, a technology company based in Vancouver, British Columbia who provides solutions to the entertainment industry, recently received up to $400,000 in funding from the Industrial Research Assistance Program (IRAP). IRAP, administered by the National Research Council (NRC), assists SMEs with the development and commercialization of innovative, technology-driven, new and improved products. Gener8 specializes in […]
Eastern Ontario Development Program (EODP) Funding Promotes Economic Development in Eastern Ontario
The Eastern Ontario Development Program (EODP) is designed to promote economic development for companies in eastern Ontario by funding key business development projects. Delivered through regional organizations, the funding of up to $100,000 per year or a maximum of 50% of eligible costs will fund activities such as: Creation of business development plans, expansion plans, […]
SemiosBIO Technologies Receives Funding From Investing in Business Innovation (IBI)
SemiosBIO Technologies Inc. a discoverer and developer of pheromone-based pest control solutions recently received up to $474,000 through the Investing in Business Innovation (IBI) fund. The IBI fund assists start-up businesses to accelerate the commercialization of new products, processes, and practices by increasing, stimulating, and leveraging private sector investment. According to a news release by […]
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 […]
Canadian Video Game Industry Continues to Thrive
It may come as no surprise that Canada now ranks 3rd worldwide in the video game industry according to the Entertainment Software Association of Canada. With game studios like Ubisoft producing blockbuster titles such as Assassin’s Creed 3, and a booming mobile gaming app industry in Toronto, Canada is well on its way to rise […]
2012 Ontario Budget- Reductions to come from Public Sector Wages, Pensions, Suspension of Corporate Tax Cuts
The Ontario government tabled a new budget Tuesday which proposes a deficit elimination plan to reduce spending growth by $17.7 billion over the next 5 years. The proposed budget highlights savings through the freezing of public sector wages and reductions in pension contributions, which will result in $6 billion of savings. The suspension of planned corporate […]