NorthBridge Consultants Blog

Vancouver Agri-food EUREKA! Event About International R&D Collaboration

Join Dutch EUREKA! expert Arnold Meijer and learn about how Eureka! can help you collaborate with 40 countries worldwide.

EUREKA! - International collaboration in R&D and Product Development.

EUREKA! / Eurostars is a program that supports Canadian small & medium enterprises (SMEs) wanting to collaborate with partners in around 40 other countries, in Europe and worldwide, to conduct R&D and develop technologies for new products or processes.

Arnold Meijer, coordinator Eurostars and subject-matter expert from The Netherlands Enterprise Agency, will be in Vancouver next week, and has kindly agreed to join us at The Profile to clarify how EUREKA! / Eurostars can help Canadian businesses, and to answer any questions.

Arnold will also take this opportunity to specifically discuss the recently announced call for R&D Proposals in Agri-Food. The objective of this call by Canada, The Netherlands, France, Hungary, Spain and Israel is to support the competitiveness of the agri-food sector.

Where: The Profile, 535 Thurlow Street, Vancouver (Map)

When: Tuesday, May 15, 4 – 5 PM

Get your free tickets here

Organized by:

Jaap Siekman, Regional Manager at NorthBridge Consultants.

NorthBridge is an expert consultancy firm assisting businesses throughout Canada with Government Funding that supports R&D, Innovation and Growth, such as SR&ED, IRAP, Build in Canada Innovation Program (BCIP), Innovative Solutions Canada (ISC), Canada Agricultural Partnership (CAP), SDTC/ICE Fund and CanExport.

In cooperation with the Consulate General of the Netherlands in Vancouver.

This event is sponsored by and takes place at the fabulous event space of The Profile

LoungeDowntownApples

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5 Essential Tips for Maximizing Government Funding

By leveraging the right sources of government funding at the right stage of growth, you can significantly maximize your returns from government funding programs, while minimizing your investment in time.

Read our latest article in Small Business BC to find our how you can leverage government funding for your company or contact us today to arrange for a free, no obligation consultation to determine your eligibility for government funding programs.

NorthBridge is involved with a broad array of emerging industries throughout Canada. The Principals of NorthBridge are angel investors themselves with extensive experience in raising both debt and equity. This, coupled with NorthBridge’s expertise in various government funding programs, provides an unparalleled combination to assist Canadian technology companies with their growth trajectories.

 

Elevate TechFest 2018 Launch

Tech leaders, senior government officials, investors, CEOs, and strategic partners gathered on April 17, 2018 at the Shopify Toronto office for the launch of Elevate TechFest 2018.

Elevate TechFest is a unique four day city-wide tech and innovation festival taking place in Toronto from September 24-27, 2018 which will bring together 10,000 guests, 300 speakers, and 250 venues to explore emerging technologies such as blockchain, Artificial Intelligence, and FinTech and relevant topics on data privacy and digital inclusiveness.

Formerly called Elevate Toronto, Elevate TechFest provides an unparalleled collaborative and educational platform for Canada’s booming high tech startup ecosystem. According to Razor Suleman, co-founder and CEO of Elevate TechFest, the new name reflects Elevate’s desire to build on last year’s momentum, “to disrupt together as a country, and demonstrate to a global audience that Canada is a powerhouse of innovation and technology.”

Razor Suleman, co-founder and CEO of Elevate TechFest, Elevate 2018 Launch at Shopify, Toronto

The Elevate 2018 launch event announced headline speakers, community initiatives, and new partnerships. Last year, Elevate featured top speakers such as the godfathers of artificial intelligence Geoffrey Hinton and Yoshua Bengio, renowned investor Vinod Khosla, CBC Dragon and Clearbanc co-founder Michele Romanow, and many more. The initial line up of speakers announced at the Elevate 2018 launch includes Former VP of the US and co-founder of Generation Investment Al Gore, founder and CEO of Bumble Whitney Wolfe Herd, co-founder and COO of Cloudflare Michelle Zatlyn, CEO of the MaRS Discovery District Yung Wu, and managing partner at CasaVerde Capital Karan Wadhera.

The Elevate Team, Elevate 2018 Launch at Shopify, Toronto

This year, the festival will feature all new content tracks and will launch new features including a corporate buyer zone, one-on-one meetings with investors as well as an expanded Elevate-R Pitch, and a March-madness style pitch competition showcasing the best Canadian scaleup companies.

The Startup Revolution

At an age when the technology sector is growing twice as fast as the global economy, startup ecosystems provide a vital means for individuals and regions to not only take advantage of technological change, but to also steer it in a direction that will improve humanity.

Read more about Startup Financing in Canada including Canada’s Startup EcosystemFund RaisingWriting A Convincing Business Plan and Canada’s Brain Gain.  

 

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NorthBridge is involved with a broad array of emerging industries throughout Canada. The Principals of NorthBridge are angel investors themselves with extensive experience in raising both debt and equity. This, coupled with NorthBridge’s expertise in various government funding programs, provides an unparalleled combination for assisting Canadian technology companies to raise funding for growth.

Contact us today to arrange for a free, no obligation consultation to determine your eligibility of receiving government funding.

New Canadian Agricultural Partnership (CAP)- Ontario Provincial Stream

The Canadian Agricultural Partnership (CAP) administered by the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) has replaced the previous Growing Forward 2 program, and provides cost-sharing funding for processors and other agri-related businesses.

The current Application intake round for producers, processors, and other businesses will conclude on May 8, 2018  and comprises multiple streams for each category.  Additional application intake rounds will be announced in the future.

Processors can apply for CAP Ontario if:

  • They are transforming Agri products;
  • They have a valid Ontario Premises ID for where the project will take place;
  • They have filed 2 years of tax returns (new entrant processor exception applies);
  • They have all permits and approvals required for the project;
  • They have not incurred expenditures yet (any cost already incurred, aside from downpayments on equipment, may be excluded from eligibility).

EMPT-PR-F Stream: Enterprise Resource Planning (ERP)

Description: Processors seeking to make an improvement at a facility that has fewer than 200 employees to put in place software systems that will integrate business applications, contributing to improving results.

Funding Details: Maximum available cost-share per project is capped at $100K, covering 35% of eligible costs.

Eligible Expenditures:

  • Development and customization of new Enterprise Resource Planning including advisory services, software and hardware involved with installation and customization.
  • One-time costs such as contract salaries, benefits and per diem fees.
  • Product shipping, distribution or routing across different transportation modes.

Eligibility Requirements:

Applications will be assessed by:

  • Resultant labor productivity and efficiencies
  • Increased sales and revenue
  • Increased profitability

EMPT-PR-C Stream: Technology and Equipment to Improve Labour Productivity

Description: Processors seeking to make an improvement to enhance labour productivity with employee count fewer than 200. New or novel technological/equipment upgrades that are adopted by less than 20% of the sector in Ontario to date OR technological upgrades made in Northern Ontario or Indigenous Partner businesses.

Funding Details: Maximum available cost-share per project is capped at $250K, covering 25% of eligible costs.

Eligible Expenditures:

  • Capital expenses relating to new processing equipment, retrofitting existing equipment, technology and software systems.
  • One-time costs relating to training key personnel on project-related new equipment, technology and software systems.

Eligibility Requirements:

Applications will be assessed by:

  • Novelty of upgrades to Ontario
  • Increased sales and revenues

Additional Streams for Processors

There are further streams that are available to agri-processors to support other activities/initiatives, such as (values capped):

  • Food safety and traceability equipment ($10k, each).
  • Ingredient efficiency and waste reduction ($75K).
  • Marketing of products outside of Canada ($50K) and internationally ($75K).
  • Monitoring plant pest and treat equipment ($25K) and training ($5K).
  • Improving animal housing ($50K), and animal handling equipment ($50K) with technology.

NorthBridge Consultants has been assisting companies access government funding for over 25 years. As one of the largest independent government funding consulting firms in Canada, our objective is to maximize the government funding potential for your company. Contact us today to find out how much funding your company could receive.

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