New $25M SMART Green Funding Program for Ontario SMEs
Ontario Manufacturers & Exporters can receive a non-repayable grant of up to $200,000 for projects that will reduce Greenhouse gas emissions through the new Canadian Manufacturers and Exporters (CME) Green Smart program, scheduled to open November 2016. The $25M CME Green SMART program is part of Ontario’s new $325-million Green Investment Fund. If your company […]
Linking Government Grants to SR&ED: Capital Equipment
The Canadian government allocates a portion of the Gross Domestic Product (GDP) to direct and indirect funding for businesses. Direct funding is made available in the form of repayable and non-repayable grants, while indirect funding is available in the form of tax credits. The most widely known indirect funding program is the Scientific Research and […]
Western Innovation Initiative
As the innovation limits are continually being pushed, the Canadian government continues to support the Western Innovation Initiative (WINN). WINN provides interest-free repayable contributions (covers up to 50% of capital equipment and other direct expenditures) for SMEs located in Western Canada that are looking to bring their developed technologies, that are in the later stages […]
Linking Government Grants to SR&ED: Capital Equipment
The Canadian government spends approximately 24% of GDP on direct and indirect funding programs for businesses. Of that 24%, about 21% is available for indirect funding and 3% is available for direct funding. The indirect funding category is comprised of tax credit programs, while the direct funding category is comprised of repayable and non-repayable grants. […]
South-Western Ontario Development Fund (SWODF) Funds Economic Development
The Southwestern Ontario Development Fund(SWODF) supports projects that create jobs, and encourages innovation and private sector investment by funding economic development activities in south-western Ontario. If you are planning to invest in new operations, improve competitiveness or productivity, and will be creating new jobs in south-western Ontario, you may be eligible for government funding that […]
The Correlation Between Lower Business Taxes and Employment
“It’s time we get the facts on the table. Business investment has been a key driver of economic and job growth over the past five years, and lower taxes have contributed significantly to that growth.” This statement, made by CME President and CEO Jayson Meyers, summarizes a recent analysis done by the Canadian Manufacturers and […]