Archive for the ‘business financing’ Category

$950M in Funding Awarded to 5 High Tech Superclusters

Five winners of Canada’s Innovation Supercluster Initiative have been announced to receive $950M over 5 years in non-repayable funding. While announcing the winners on February 15th 2018, Economic Development Minister Navdeep Bains described a supercluster as “a made-in-Canada Silicon Valley that will create tens of thousands of jobs”

The Canadian Government defines ‘Superclusters’ as dense areas of business activity where people with diverse skills work together, where companies large and small work with universities colleges, and technical schools and where people get inspired. These places create new business opportunities and middle class jobs that pay well.

Superclusters support innovation and boost the economy by advancing technological capabilities, attracting cutting edge research, investment and talent, helping companies succeed in the global market place, and building long term advantage and global recognition for Canada.

According to the Economic Development Minister, these superclusters will  “usher in an unprecedented era of innovation and progress.”

The winners of the Supercluster Initiative include: 

Supercluster Inititive Winner Regional Concentration  Job creation over 10 years   GDP impact over 10 years  Technology Focus  Applicant
Digital Technology Supercluster BC  >13,500 jobs  >$5B Virtual, mixed & augmented reality; data collection & analytics; quantum computing TELUS Communications Inc. along with >70 innovation partners
Protein Industries Supercluster Prairies  >4,500 jobs  >$4.5B Agri-food enabling technologies, including genomics, processing, & information technology (IT) Ag-West Bio Inc. along with >60 innovation partners
Advanced Manufacturing Supercluster Ontario  >13,500 jobs  >$13.5B Internet of Things, machine learning, cybersecurity, additive manufacturing (3D printing) Communitech and MaRS Discovery District along with >100 innovation partners
AI-Powered Supply Chains Supercluster (SCALE.AI) Quebec  >16,000 jobs  >$16.5B Artificial intelligence and supply chain technology Optel Group along with >80 innovation partners
Ocean Supercluster Atlantic Canada  >3,000 jobs  >$14B Digital sensors and monitoring, autonomous marine vehicles, energy generation, automation, marine biotechnology and marine engineering technologies Petroleum Research Newfoundland and Labrador along with >25 innovation partners

 

Contact us today to find out how government funding for superclusters could impact your company and to learn about the various opportunities for growing your business.  

 

Victoria, BC Lunch & Learn- Government Funding for R&D, Innovation and International Growth

There are many Government Funding programs available to assist Canadian businesses with expenses related to R&D, new product development, manufacturing process improvements, tapping into international markets and workforce development.

Join this lunch & learn to learn about some of these programs, how they fit in the difference stages of your corporate development, and also about the limitations of government funding and the need for alternate sources of working capital.

Some of the funding programs covered include:

  • SR&ED (Scientific Research & Experimental Development)
  • IRAP (Industrial Research Assistance Program)
  • SIF (Strategic Innovation Fund)
  • SDTC (Sustainable Development Technology Canada)
  • Growing Forward / Agri-Innovation
  • BCIP (Build in Canada Innovation Program)
  • Engage, CRD, Mitacs (grants for working with universities)
  • CanExport
  • Hiring & Training Grants

About the presenter:

Jaap Siekman MSc, PEng, PMP
LinkedIn Profile
Jaap is the Regional Manager for NorthBridge Consultants. He educates start-ups and growing companies on Government Funding programs that support R&D and Innovation in Canada.

Jaap has ~28 years’ experience in Engineering, Manufacturing, Product Development and Management in a variety of industries.

NorthBridge is a national consultancy firm, with offices in BC, Ontario and Quebec.

 

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Abbotsford Lunch & Learn- Government Funding for R&D, Innovation and Growth

There are many Government Funding programs available to assist Canadian businesses with expenses related to R&D, new product development, manufacturing process improvements, tapping into international markets and workforce development.

Join this lunch & learn to learn about some of these programs and how they fit in the difference phases of your corporate development.

The presentation is geared towards industrial type businesses that design or make any type of proprietary product such as equipment, parts, food, materials, including software.

Some of the funding programs covered include:

  • SR&ED (Scientific Research & Experimental Development)
  • IRAP (Industrial Research Assistance Program)
  • SIF (Strategic Innovation Fund)
  • SDTC (Sustainable Development Technology Canada)
  • Growing Forward / Agri-Innovation
  • BCIP (Build in Canada Innovation Program)
  • Engage, CRD, Mitacs (grants for working with universities)
  • CanExport
  • Hiring & Training Grants for technical personnel

Fees/Admission:

Members: $10
Non Members: $15
Prices are subject to GST

Includes Lunch!

Location:

Sevenoaks Boardroom
2nd Floor, Sevenoaks Shopping Centre
32900 South Fraser Way
Abbotsford, BC

Date/Time Information:
Wednesday, January 24, 2018
11:45 AM – Registration & Lunch
12:15 PM – Presentation
1:00 PM – Adjourn

About the presenter:

Jaap Siekman MSc, PEng, PMP
Jaap is the Regional Manager for NorthBridge Consultants. He educated start-ups and growing companies on Government Funding programs that support R&D and Innovation in Canada.
NorthBridge is a national consultancy firm, with offices in BC, ON and QC.

Jaap has ~28 years’ experience in Engineering, Manufacturing, Product Development and Management in a variety of industries.

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Filling the Financial Gap Between Angel Investors and Government Agencies

Our sister company, NorthSpring Capital Partners was honored to be featured in The Record’s Technology Spotlight 2017

NorthSpring invests in passionate entrepreneurs and companies developing unique intellectual property, products and services targeting large addressable markets. The company’s financial resources and expertise accelerates the growth of innovative companies located in the Toronto – Waterloo technology corridor.

Read about NorthSpring’s transition from management buyout financing to angel investing in early stage technology companies.

 

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Free December 5 Waterloo Workshop- Government Funding for Start-ups

When funding growth, start-ups should always look towards non-dilutive funding sources to preserve a larger share of control over the company.

One of the main advantages of situating your start-up in Canada is the plethora of federal and provincial funding programs accessible to start-ups that can total over $20 billion each year.

This workshop will address the SR&ED tax credits, non-repayable grants, and interest-free loans available to early-stage companies, as well as how to structure your company and operations to take advantage of multiple funding opportunities.

Topics covered will include:

  • Introduction to non-dilutive government funding
  • SR&ED Tax Credits
  • Government grants and loans
  • Overlap between funding programs
  • Structuring to take advantage of funding

This educational workshop will preceed GTAN|RAW, a monthly event held by the Golden Triangle Angel Network (GTAN), where entrepreneurs that are considering raising funds from Angels and Venture Capitalists have an opportunity to present their pitch to several members of GTAN, who will offer feedback and suggestions.

Event details:

Speaker:
Gerry Fung, CPA CMA, P.Eng.
VP of Business Services at NorthBridge Consultants

Date & Time:
Tuesday, December 5 2017 from
3:00 PM to 5.00 PM  (Just before GTAN|RAW)

Location:
Accelerator Centre
295 Hagey Blvd – 1st Floor, West Entrance
Waterloo, Ontario N2L 6R5
Canada (MAP LINK)

Register Online 

For more information please contact us at 1-519-623-2486  

 

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