NorthBridge Consultants Blog

Workshop- Grow Your Business with Government Funding

Are you a manufacturing, technology, or food processing company with operations in Canada?

Sourcing funding from SR&ED tax credits, government loans, and direct government incentive programs can help accelerate your company’s expansion.

Attend this workshop to learn from government funding experts about your eligibility for various funding programs and to learn how to secure funding from these opportunities.

Ideal for owners and executives who want to learn about:

  • Types of government funding opportunities;
  • Eligibility for financing, funding, and tax credits
  • How to apply for government funding
  • Optimizing your returns from multiple government funding programs

Event Details:

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

Date & Time:
Thursday, September 21, 2017
2.00pm – 5.00pm

Location (pending venue confirmation):
Sheridan College – Hazel McCallion Campus.
4180 Duke of York Blvd, Mississauga, ON, L5B 0G5 (MAP LINK)

Tickets:
$99 (non refundable)

To register, please visit www.grantx.ca or call 416-524-7743/416-827-5189
Email info@grantx.ca or outreachforcecanada@gmail.com

 

Presented by Grantx Inc., NorthBridge Consultants, and Outreach for Canada.

NorthSpring Capital Partners Co-founder named GTAN’s Angel of the Year

Our warmest congratulations to Brian Hunter, co-founder of our sister company Northspring Capital Partners, for receiving the distinguished Golden Triangle Angel Network’s Angel of the Year award!

We extend our congratulations to Top Hat for receiving the prestigious Company of the Year award and to David Benton Leong, recipient of the Borges Community Builder of the Year award!

The Golden Triangle Angel Network held its 6th annual Pauli Awards on Tuesday June 20th night at Bingemans Conference Centre in Kitchener, celebrating seven years of unprecedented success for it’s members and the community. The Pauli Awards recognize leading contributors of local tech investments and celebrate GTAN’s success including over $35M in capital committed by Angel investors, thereby infusing over $62M of capital into local, early-stage companies.

Brian has over 35 years of experience in providing debt and equity financing to private and publicly held businesses in Southern Ontario. Having began his career with Canada’s leading private merchant bank, Roynat Capital, Brian later became Director and District Manager of the Kitchener office and has assisted hundreds of entrepreneurs with long term capital needs.

In 2009 Brian and Sol Algranti co-founded NorthSpring Capital Partners, a private equity fund that is focused on contributing to the growth of the next generation of great Canadian companies by providing risk capital to both traditional industry companies, such as manufacturers and distributors, and early stage technology company startups. NorthSpring Capital Partners recently announced investments in five high growth companies located in the Toronto-Waterloo technology corridor.

$1.26B Canada Strategic Innovation Fund Launched

Manufacturers and technology firms who invest in innovation can now apply for repayable and non-repayable funding of up to 50% of eligible project costs under the recently launched Strategic Innovation Fund (SIF). 

If your company is investing in R&D or expansion, the SIF can help support the costs of direct labour, subcontractors and consultants, as well as overhead, direct materials and equipment, land and building and other direct costs.

Launched on July 5th 2017 with the objective of spurring Canadian innovation, the SIF provides funding under four streams:

  • Stream 1 (R&D)- Encourage R&D that will accelerate technology transfer and commercialization
  • Stream 2 (Expansion)- Facilitate the growth and expansion of firms in Canada
  • Stream 3 (Global Investment)- Attract and retain large scale investments to Canada
  • Stream 4 (Collaboration)- Advance R&D through collaboration between universities, non-profit organizations and the private sector.

With a $1.26B budget allocated for five years, the SIF provides a good alternative to IRAP funding. It consolidates and simplifies the previous Strategic Aerospace and Defence Initiative, Technology Demonstration Program, Automotive Innovation Fund and Automotive Supplier Innovation Program.

Contact us to today for a free, no obligation consultation to find out how the SIF can help you maximize your R&D and business growth initiatives.

Spring 2017 Newsletter- Canadian Business Growth and Innovation Funding

In our most recent Newsletter, we examine the performance of the Canadian economy, while comparing economic performance between provinces and the investments that each government has set aside to encourage business growth and innovation.  Provinces have proposed a variety of solutions to stimulate economic growth, including but not limited to tax rate reductions for small businesses, funding opportunities for early-stage start ups, tax credits to stimulate innovation, and funding for the development of technology clusters.

 

 

NorthSpring Capital Partners Invests over $1.5 million in Five Companies in the Toronto-Waterloo Technology Corridor

NorthSpring Capital Partners announced recent investments in five high growth companies located in the Toronto-Waterloo technology corridor:

  • SSIMWave Inc.
  • Intellijoint Surgical Inc.
  • Sprout Wellness Solutions
  • HTBase Inc.
  • Envoy Energy Inc. and ComTech CNG

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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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