Archive for the ‘Government Funding’ Category

The Artificial Intelligence Revolution: New Challenges & Opportunities

Due to its ability to substantially improve productivity and boost economic output, Artificial Intelligence (AI) is considered to be the next big technological revolution with the potential to increase economic growth rates by a weighted average of 1.7% and profitability rates by 38% across a variety of industries by 2035.

Read our latest Newsletter to explore the Canadian and global financial AI landscape and to learn more about how AI can maximize labor and capital capacity in almost every industry.

Based on a comparison of baseline growth in 2035 with an AI steady state scenario where AI has been absorbed into the economy

 

New Grant for Hiring STEM and Business Students

If you plan to hire a student or recent graduate for a work term, the new Student Work-Integrated Learning (WIL) Program can can help support up to 50-70% of wages, for a maximum $5-7K depending on the candidate you hire.

The WIL program aims to support partnerships between employers  and post-secondary education (PSE) institutions to create more work-integrated learning placements in in science, technology, engineering, mathematics (STEM) and business occupations for Canadian students.

Under the Student Work-Integrated Learning Program, Canadian employers in eligible sectors that offer quality work-integrated learning placements to PSE students and recent graduates (within 12 months before starting the WIL contract period) will be eligible to receive wage subsidies:

  • Up to 50% of wages or up to $5,000, to provide a student or recent graduate with meaningful WIL opportunities that develop foundational and entrepreneurial/business skills;
  • Up to 70% of wages or up to $7,000, to provide a student or recent graduate with meaningful WIL opportunities that develop foundational and entrepreneurship/business skills for the following under-represented groups: a) women in science, technology, engineering and mathematics (STEM); b) Indigenous students; c) recent immigrants (arrived in Canada during the last 5 years); d) persons with disabilities; and e) first-year students.

Eligible emerging sectors include:

  • Advanced manufacturing;
  • Intelligent retail;
  • Fintech; or
  • Any identified high growth sector such as entertainment and gaming, connected transportation, biotehcnology, cyber security,  e-Health, clean tech, etc.

Interested small- and medium-sized enterprises, are encouraged to contact the program directly or fill out the application form to receive more information or to participate in the program, or partner with local eligible PSE institutions to provide work-integrated learning placements for students or recent graduates.

Elevate Toronto Tech Festival

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NorthBridge Consultants is excited to be attending the 3-day Elevate Toronto tech festival which will showcase the best in Canadian innovation.

Elevate Toronto is the city’s newest technology innovation festival and, this year, will focus on disruptive technologies that are expected to change the way we live and work.

With over 100 impressive keynote speakers and numerous opportunities for curated high-value networking, the festival will feature leaders in Artificial Intelligence, fintech & blockchain, and much more.

The festival is expected to draw over 5000 attendees including founders looking to scale up, investors searching for the next great start up, talent searching for the next big opportunity, and corporate innovators looking for professional development and networking.

Elevate Toronto is a non-profit organization, in partnership with the City of Toronto, and is led by TechToronto, MaRS, #movethedial, OneEleven, Cossette Communications and the Spotlight Awards.

The rapid speed of innovation and the development of disruptive technologies over the past few decades has radically transformed the way businesses, individuals, and machines operate and interact. Thus, disruptive technologies have deeply permeated global markets and industry applications. CEO and co-founder of Elevate Toronto, Razor Suleman, believes that “It’s our time” as “startups and corporate leaders are aligning with the government’s innovation agenda creating the perfect circumstances for accelerated growth.”

Festival Schedule:

September 12: Elevate Main Stage & Elevate Celebrate
September 13: Elevate Educate & King West Social
September 14: NewCo Toronto & Spotlight Awards; Timmy Awards

Get your Tickets today!

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Free Seminar: Learn How to Manage IP & SR&ED to Boost Corporate Value

When it comes to intellectual property (IP) and Scientific Research and Experimental Development (SR&ED) tax credits, CFOs must constantly assess the value of the services that they receive in exchange for engagement fees. Making this assessment can be challenging to the point of frustrating. CFOs must keep the bigger picture of overall financial health of their organization, while dealing with a complex management regime consisting of CTOs and CMOs. Further challenges arise due to complex and opaque billing practices by law firms and SR&ED consultation firms.

Agenda for SR&ED:

  • Basic overview
  • Tracking experimentation for CRA compliance
  • Labour tracking for CRA compliance
  • Integrating SR&ED intro tracking systems
  • Setting up a strategy

Agenda for Intellectual Property:

  • Basic overview of IP regimes
  • Identifying points of differences in your business
  • Selecting an appropriate IP regime that provides a barrier to entry for those points of difference
  • Setting an IP strategy for your company
  • Setting an IP management committee
  • Business case criteria for IP filings
  • Setting fee schedules and billing practices to maximize transparency and accountability

Event details:

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

Andrew Currier, BSEE, LL.B., P.Eng.
CEO of Perry + Currier Inc.

Date & Time:
Friday, 22 September 2017 from
8:00 AM to 10:00 AM (EDT)

* Eligible for substantive hours

Location:
PCK Perry + Currier Inc.
500-1300 Yonge Street
Toronto, Ontario M4T 1X3
Canada (MAP LINK)

Register Online 

For more information please contact:

 NorthBridge Consultants
1-519-623-2486 x230
ela@northbridgeconsultants.com

or

PCK IP
1-416-920-8170 x136
low@pckip.com

Trade Show Funding for Fabtech

Don’t miss an opportunity to secure government funding for exhibition costs at FABTECH, North America’s largest metal forming, fabricating, welding, and finishing trade show.

If you are an Canadian company planning to exhibit at FABTECH 2017, you could be eligible for non-repayable funding to cover up to 50% of trade show expenditures through Ontario’s Export Market Access (EMA) and the federal CanExport programs.

Export Market Access (EMA) is a cost-sharing grant that supports 50% of eligible costs up to $30,000 per project to help Ontario Small- to Medium-Sized Enterprises (SMEs) cover costs incurred to develop export sales in foreign markets. Companies must apply by Sept 25th 2017, to be eligible for funding for FABTECH 2017. Eligible expenditures include: 

  • Marketing Tools: development of branding-related materials, promotional materials, and electronic media
  • Foreign Bidding Projects: bidding on foreign projects against foreign competition
  • Market Research: research done with the goal of providing more accurate international market targeting ($5,000 maximum)
  • Direct Contacts: participating in international trade shows, exhibits, or fairs which are supported by third parties such as governments

CanExport is a federal cost-sharing grant that supports 50% of eligible costs or up to a maximum of $100,000 to help Canadian SMEs cover costs incurred to pursue new export markets (that you have had no export activity to for the past 24 months). Companies must apply by October 2nd, 2017 to be eligible for funding for FABTECH 2017. Eligible expenditures include: 

  • Business travel costs
  • Trade show exhibitions
  • Market research
  • Adaptation of marketing materials
  • Legal fees associated with a distribution/representation agreement

Government funding can significantly increase your company’s budget for upcoming trade shows. Increased involvement with international trade shows can help with your company’s growth.  If you are planning to exhibit at trade shows please contact us today to discuss your eligibility for various sources of funding. 

FABTECH 2017 Show Details:

Date & Time:
November 6th – November 9th

Location:
McCormick Place
2301 S. King Drive
Chicago, IL 60616
(map)

Admission:
Register before the deadline (November 3, 2017) for complimentary admission to the shop floor. Admission after the deadline is US$50.

Show Dates/Hours:
Monday, November 6         10:00 AM – 6:00 PM
Tuesday, November 7            9:00 AM – 5:00 PM
Wednesday, November 8     9:00 AM – 5:00 PM
Thursday, November 9          9:00 AM – 3:00 PM

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  • NorthBridge Consultants' Government Funding Blog is dedicated to bringing businesses news and information to help them identify and access the most appropriate government funding programs.

    We offer opinions and insider information that can provide a pulse on government initiatives, the health of the Canadian economy, and firsthand thoughts from Canadian business owners.

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