Canadian Manufacturers & Exporters (CME) and the Ontario Government launched a $25 million SMART Green program in 2016 to assist Small and Mid-sized Enterprises (SME) reduce greenhouse gases and improve energy efficiency. The SMART Green Program offers non-repayable grants up to $200,000 for 50% of eligible costs. The objective of this program is to encourage technology and process innovations … [Read more...] about Grants to Reduce Green House Gases in Ontario
Youth Hiring Grants and Funds Youth Employment Program or YEP is an initiative by National Research Council - Industrial Research Assistance Program (IRAP), a body of the Government of Canada to provide financial assistance to small and mid-sized enterprises (SME). The primary goal of the program is to match prospective employers with skilled graduates between the age of 18 and 30 years. … [Read more...] about Up to $40k Non-repayable Fund for Hiring Youths
Global markets play a crucial role in the progress, expansion and success of a business. Grants for export expansion offers a great opportunity for Canadian companies however, it is usually accompanied by unpredictable and unforeseen challenges. These may include government regulations, target market, language barriers, lack of market intelligence, product certification, etc. In order to … [Read more...] about Grants for Trade Shows and Export Market
Among various funds and grants available to food and beverage industries, Scientific Research and Experimental Development Incentive program (SR&ED) is one of the lucrative one. Many food and beverage industries do not consider filing for SR&ED because they do not believe they qualify. While it is true that altering a recipe by itself does not constitute SR&ED, many companies in the … [Read more...] about Food and Beverage Companies Can Receive Government Funds
All SR&ED claims are risk assessed by CRA upon filing. As a result, three cases may happen: 1-Claims are accepted as filed 2-Claims are selected for a desk review 3-Claims may be selected for a more detailed technical and/or financial review. If the 3rd case happens, it means Research Technology Adviser (RTA) is not able to determine the eligibility of the work conducted by client. RTA will … [Read more...] about How to have a peace of mind when SR&ED claims are reviewed by CRA?
Other than banks and financial institutions there are a number of funding programs available to Small Medium-sized Enterprises(SMEs) providing up to $500k small business loans with low or zero interests. Either you are at early stages of establishing your business or at final stages for commercializing your developed products you may qualify. Southern Ontario Fund for Investment in Innovation … [Read more...] about Up to $500k small business loans