EMA Program: Important Notice
The Ontario Chamber of Commerce has recently released an update to the Export Market Access (EMA) program informing applicants that until further notice, they will only be accepting applications for projects/activities that will be completed before May 31, 2016. EMA is a $5 million initiative jointly sponsored by the Ontario government and the Ontario Chamber of […]
New CanExport Program to Support Export Market Development
CanExport is a new government funding program announced on January 5, 2016 that will provide $50 million over the next five years in direct funding to Canadian small and medium-sized enterprises (SMEs) to support new export market development. Through the CanExport program, companies can receive financial support of 50% up to $99,999 for export marketing […]
Linking Government Grants to SR&ED: Business Expansion
In order to sustain a thriving economy, the government of Canada continually invests in business growth and expansion through various direct and indirect sources of funding. Over the past five years approximately 35% of Canadian gross domestic expenditure on R&D was financed by both direct and indirect government funding initiatives. Although the majority of financing […]
NorthBridge 2014 Autumn Newsletter
NorthBridge’s fall 2014 newsletter has been released. Topics covered include: Canada Jobs Grant Changes to Export Market Access trade show funding SR&ED Opportunities in the Food Industry Southwestern Ontario Development Fund (SWODF) Investing in Business Growth and Prosperity Fund (IBGP) Feature on Kidzpace Interactive Spooky SR&ED Projects Welcome to Jaap Siekman!
Changes to the Export Market Access Program
Last week, the Government of Ontario and the Ontario Chamber of Commerce (OCC) enacted a series of changes to the Export Market Access (EMA) program, which provides funding for small to medium-sized enterprises (SMEs) in Ontario looking to develop export sales in foreign markets. Companies that have taken advantage of this program in the past […]
Linking Government Grants to SR&ED: Business Expansion
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. […]
EMA Supports the Development of Export Sales in Foreign Markets
Small to medium-sized enterprises in Ontario that are looking to develop export sales in foreign markets should take advantage of the Export Market Access (EMA) cost-sharing grant, a $5 million initiative jointly sponsored by the Ontario government and the Ontario Chamber of Commerce. EMA will cover up to 50% of eligible costs in four specified […]
NorthBridge Success Story: Ontario Manufacturer Qualifies for EMA Trade Show Funding
NorthBridge engaged a manufacturer located in the Region of Waterloo that was looking to exhibit at two international trade shows. The company was looking to increase their export sales in the United States and to identify sales leads in two new target markets. The company had applied for the SR&ED program but was unaware of […]
Rise in Canadian Manufacturing Sales for May 2013
StatsCan released their monthly survey results for May which examined sales within the Canadian manufacturing industry. Overall, manufacturing sales increased by 0.7% to $48.6 billion in May 2013. The below chart illustrates the monthly change in Canadian manufacturing sales since 2008. Out of 21 industries within the manufacturing sector, 57% of industries noticed an increase […]
Ontario Chamber of Commerce Provides Export Funding Through OEF and EMA
With expansion occurring in many countries within the global economy, now is the time for manufacturers to take advantage of lucrative markets outside of Canada. The first step to prepare your business to export is to draft a comprehensive export plan. An export plan is an extension of your business plan and an evaluation of […]