Workforce Development Funding for Biotech Companies
As issues with climate change and rapidly depleting resources are becoming more urgent, there is a pressing need to form strategies to achieve sustainable development goals (SDGs). In Canada, a bio-economy is being adapted as a key strategy to support SDGs. Bio-economy is defined as economic activities associated with the invention, development, production and use […]
Quebec Budget 2018 Highlights
The 2018 Quebec Budget, tabled on March 27, 2018, reports accelerated gross domestic product (GDP) growth from 1.4% in 2016 to 3% in 2017 and proposes several measures and investments that will impact businesses in Quebec including: Innovation Increasing the additional capital cost allowance rate from 35% to 60% for investments in computer equipment and […]
Funding Webinar- Optimizing Returns from Multiple Government Funding Sources
Domestic and international competition is forcing Canadian businesses to develop new or improved products, increase productivity and expand sales in global markets. Financing for innovation or growth has always been a challenge for many companies in Canada. Both the federal and provincial governments provide their financial support through over $20 billion in various funding programs […]
Delta, BC Government Funding Seminar a Success
NorthBridge would like to thank the attendees, the Delta Chamber of Commerce and the National Research Council (NRC) Concierge Service for helping make yesterday’s breakfast seminar a success! Jaap Siekman, our Regional Manager of Western Canada, together with Erik Kaas, Innovation Advisor for the NRC Concierge Service, delivered an informative presentation on the multitude of […]
Training Grants Available for Quality Management System Implementations
The implementation of quality management system (QMS) standards is one way in which a company can improve their performance by reducing non-conformance issues. 9001:2015 is the latest version of international standards published by ISO, and it was developed in such a way as to allow ISO implementation with the company’s current QMS. In the latest edition […]
Ontario Drive and Gear to Receive $1.5 Million in Funding From Province
A New Hamburg automotive parts manufacturer, Ontario Drive and Gear, is to receive $1.5 million in non-repayable funding from the Ontario government through the South Western Ontario Development Fund. The money will be used to purchase new equipment, in turn adding 35 jobs to Ontario Drive & Gear’s current headcount of 117.
Linking SR&ED to Training
There are many different government funding programs available to Canadian companies. The Scientific Research and Experimental Development (SR&ED) program is $3.5 billion tax credit initiative that encourages Canadian companies to invest in R&D. However, to optimize corporate returns from government funding programs, other grants can be leveraged in addition to SR&ED. One of the main […]
Linking SR&ED to Hiring Grants
There are many different government funding programs available to Canadian companies. The Scientific Research and Experimental Development (SR&ED) program is $3 billion tax credit initiative that supports the R&D expenditures of Canadian companies. This program is very popular and well known, but there are several additional programs that are available to SR&ED recipients. One of […]
New Round of Yves Landry Foundation AIME Opens
The Yves Landry Foundation’s Achieving Innovation and Manufacturing Excellence (AIME) Global initiative, a program supporting employee training to support innovation, has opened once again as of December 1, 2014. The federal government has recently injected $9M in funding to the program, on top of the original $6M invested, to help southern Ontario manufacturers achieve a […]
Success Story: Creating Jobs for Canada’s Youth
The Youth Employment Strategy (YES) has provided another $198,000 towards helping youth find gainful employment in Canada. A press release announced that the government of Canada would provide a local New Glasgow business funds to supplement the creation of 10 jobs for youth facing barriers to employment. This announcement comes in the wake of many others, […]