Investing in Business Growth and Productivity (IBGP)
Is your business ready to grow? Are you looking to improve the productivity of your company or diversify your current activities? If so, FedDev’s Investing in Business Growth and Prosperity (IBGP) program might be the right fit for you. The IBGP program is directed at Canadian small-and-medium-sized enterprises (SMEs) who have successfully established themselves in […]
EODF Supports Expansion and Development Projects in Eastern Ontario
Eastern Ontario companies that are looking to undertake an expansion and development project should consider applying for the Eastern Ontario Development Fund (EODF). EODF will provide non-repayable funding of up to 15% of eligible project costs to a maximum of $1.5 million. This fund supports new investment in local regions, the creation of new jobs, […]
NODP Funding to support Manufacturing in Northern Ontario
The goal of the Northern Ontario Development Program (NODP) is to assist manufacturers to realize operational efficiencies, to grow sales, and to boost productivity while fostering new job creation. The program will provide coverage up to 30% of capital costs and up to 50% of non-capital costs to businesses with fewer than 500 employees. Eligible costs […]
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% […]
Look For Alternative Forms of Financing
The cost of borrowing money just went up. Unlike their US counterparts, Canadian banks that held positions in high-risk US mortgages will likely not receive a bail-out package. The net impact of the mortgage crisis is that Canadian banks will have to increase their lending rates to make up for their losses. This is a […]