The Advanced Manufacturing Fund (AMF) is a $200 million program that is run through FedDev. The program aims to subsidize manufacturers in southern Ontario by investing between $10-20 million for eligible expenditures in the form of a repayable grant. AMF promotes… Read more »
NODP Funding to support Manufacturing in Northern Ontario
The goal of the Northern Ontario Development Program (NODP) is to assist manufacturers to realize operational efficiencies, to grow sales, and to boost productivity while fostering new job creation. The program will provide coverage up to 30% of capital costs and… 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 »
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 »
Cassel Brewery Receives Funding Through EODP for Expansion
Cassel Brewery, located east of Ottawa, has been awarded funding through the Eastern Ontario Development Program (EODP) and the Prescott-Russell Community Development Corporation (PRCDC) in the amount of $55,000. Cassel Brewery is a recently started microbrewery by Mario Bourgeois and… Read more »
IBI Invests in Startups Involved in Innovation
Woodland Biofuels has received a $800,000 loan from Fed Dev through the Investing in Business Innovation (IBI) initiative for the construction of their new efficient biofuel plant. The plant hopes to produce ethanol for half of the cost it takes… Read more »
Funding Available for Hiring of New University or College Graduates
There are close to 300, 000 unfilled jobs in the Canadian private sector, with manufacturing being among the industries with the highest vacancies according to findings from the Canadian Federation of Independent Business (CFIB). Unfilled jobs represent missed opportunities for… Read more »
Canada Posts First Trade Surplus in a Year
Rising US demand has generated an increase in Canadian exports, allowing for the first trade surplus in a year. Statistics Canada reported a 5.1 % increase in exports in March 2013 to $40.5 billion, with only a 1.7% increase in… Read more »