SWODF Supports Expansion Projects in Southwestern Ontario
Southwestern Ontario companies that are looking to invest in an expansion project at their facility should consider the Southwestern Ontario Development Fund (SWODF). The focus of the program is to support job creation, innovation, and economic development in Southwestern Ontario. The SWODF will fund up to 15% of eligible project costs to a maximum of […]
Funding to Support Expansion Projects in Eastern Ontario
Companies located in Eastern Ontario that are looking to invest in a facility expansion project should consider the Eastern Ontario Development Fund (EODF). This funding program supports investment in Eastern Ontario, new innovation, and the creation of new jobs. EODF will provide non-repayable funding for up to 15% of eligible project costs, to a maximum […]
AgriInnovation Program – Commercialization and Adoption Stream
The AgriInnovation Program (AIP) is a five-year program administered by Agriculture and Agri-Food Canada. The purpose of this program is to develop research and development projects to increase economic growth in Canada’s agri-food sector. The AIP is divided into two streams: Industry-Led Research and Development and Enabling Commercialization and Adoption. The Enabling Commercialization and Adoption […]
AgriInnovation: Research and Development Stream
The AgriInnovation Program (AIP) was introduced by Agriculture and Agri-Food Canada in 2013 as part of the five-year Growing Forward 2 Initiative. The program received $468 million to support companies in the agriculture industry that are participating in research and development activities. The AIP is divided into two application streams: industry-led Research and Development, and […]
NorthBridge Success Story: Ontario Software Developer Qualifies for SR&ED Tax Credit
NorthBridge engaged a software developer located in the Region of Waterloo that was developing new software and technology in the mobile application space. The company was looking to develop new innovative software and invest in cutting edge research. The company had looked into several government incentive programs but were unaware of how these programs could […]
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 SR&ED to Government Grants: IRAP
The Provincial and Federal government work together to deliver funding programs to encourage companies to invest in innovation. The Scientific Research and Experimental Development (SR&ED) program funds R&D work conducted in Canada in the form of a tax credit. On the other hand, the Industrial Research Assistance Program (IRAP) provides grant funding for new technology-driven […]
Manufacturing-Based Funding Initiatives in Southern Ontario
On November 24, 2014, Industry Minister James Moore announced $9 million in funding to help southern Ontario manufacturers develop their businesses through innovation, job growth, and competition on a global scale. One way to help export-oriented manufacturers stay competitive globally through boosted export sales is to provide employees with in-demand skills training in innovative technology; […]
Alternative Financing Seminar: A Great Success
Our Alternative Financing Seminar took place September 18 in Cambridge, ON at the Four Points by Sheraton. The seminar was a great success with many in attendance eager to learn more about alternative financing for their small to medium sized business. Topics that were covered in the seminar included: Government funding and financing for business […]
Upcoming Seminar: Alternative Financing Options for Small-To-Medium Sized Businesses
Is an investment in capital equipment, building expansion, workforce development, or innovation part of your expansion strategy? If so, then there are a multitude of government funding and private sector financing options that we recommend you explore. The purpose of this free seminar is to inform small to medium enterprises about the multitude of funding […]