The Eastern Ontario Development Program (EODP) is designed to promote economic development for companies in eastern Ontario by funding key business development projects. Delivered through regional organizations, the funding of up to $100,000 per year or a maximum of 50%… Read more »
SemiosBIO Technologies Receives Funding From Investing in Business Innovation (IBI)
SemiosBIO Technologies Inc. a discoverer and developer of pheromone-based pest control solutions recently received up to $474,000 through the Investing in Business Innovation (IBI) fund. The IBI fund assists start-up businesses to accelerate the commercialization of new products, processes, and… Read more »
Shedding Light on the SR&ED Program
The Scientific Research and Experimental Development (SR&ED) program is one of the most lucrative incentive programs for companies working on technological development and product/process improvements. SR&ED can generate tax credits up to 68% on eligible labour costs. An analysis by… Read more »
Rise in Canadian Manufacturing Sales for May 2013
StatsCan released their monthly survey results for May which examined sales within the Canadian manufacturing industry. Overall, manufacturing sales increased by 0.7% to $48.6 billion in May 2013. The below chart illustrates the monthly change in Canadian manufacturing sales since… Read more »
CICP Relaunched as Build in Canada Innovation Program (BCIP) to Bridge Technology Gap Through Government Acquisitions
The Honourable Rona Ambrose announced that the Canadian Innovation Commercialization Program (CICP) has received permanent commitment under the new name Build in Canada Innovation Program (BCIP), which aims to bridge the technology gap between the R&D stage of projects and… Read more »
ICTC Career Focus Hiring Grant
The Information and Communications Technology Council (ICTC) has launched a hiring program by the name of CareerConnect. This program assists businesses to obtain funding for hiring post-secondary graduates who are between the ages of 15-30. Eligible companies can receive 50% of… Read more »
Cornwall Business Expands with Assistance From the Southern Ontario Fund for Investment in Innovation (SOFII)
Chalk up another victory for Canadian government funding as MPIQC expands its facilities with assistance from the Southern Ontario Fund for Investment in Innovation (SOFII) program. MPIQC is an electronics manufacturer that provides products and services for a vast assortment… Read more »
Ontario Government Scraps Repeal of the Industrial Exception in Professional Engineers Act
We recently blogged about a press release by the Professional Engineers Ontario (PEO) indicating a repeal to the Professional Engineers Act to remove section 12(3)(a) – “Industrial Exception.” The removal of the “Industrial Exception” would mean that engineering work on… Read more »
Ontario Chamber of Commerce Provides Export Funding Through OEF and EMA
With expansion occurring in many countries within the global economy, now is the time for manufacturers to take advantage of lucrative markets outside of Canada. The first step to prepare your business to export is to draft a comprehensive export… Read more »