On October 19th, the provincial government announced the opening of the Southwestern Ontario Development Fund (“SWODF”), which is designed to provide financial assistance and incentives to innovate and grow Ontario’s economy and create local jobs. The fund is region specific,… Read more »
SMART Prosperity Now Initiative Assists Canadian Manufacturers
FedDev Ontario and the Canadian Manufacturers and Exporters’ (CME) SMART Prosperity Now initiative provides a crucial source of funding for small and medium-sized enterprises (SMEs) to improve the productivity of their manufacturing facility and expand their reach into global markets.… Read more »
Bank of Canada Expected to Announce No Change to Interest Rates
The Bank of Canada (BoC) is expected to announce no change to the current ultra-low interest rates. The BoC may be under pressure to increase interest rates due the the sky-rocketing Canadian housing market, and the increasing debt load of… Read more »
Digital Media Funding – A Case Study
Kibooco is a Vancouver digital media start-up developing an interactive platform for children to design and create their own books. As a start-up, the team behind the Kibooco vision had to develop a strategy to finance their project, and looked… Read more »
CME Smart Prosperity Now Still Accepting Applications for Equipment Purchases and the Attendance of Trade Shows
If your manufacturing company is situated in Southern Ontario and is planning on purchasing or upgrading equipment, or planning on attending an upcoming trade show, then you could be receiving a grant for 1/3 of your costs (up to $75,000)… Read more »
Canada Media Fund initiates automated reporting with comScore
The Canada Media Fund (CMF) has announced the development of an automated digital media measurement tool to measure performance and efficacy of CMF-funded digital media projects, collaborating with digital analytics company comScore. The CMF first announced plans to establish a… Read more »
SR&ED versus IRAP
Scientific Research and Experimental Development (SR&ED) and the Industrial Research Assistance Program (IRAP) are two of the largest government incentive programs in Canada. The chart below details some of the major differences between the 2 programs. Criteria Scientific Research and… Read more »
Ample Government Funding Opportunities for Companies in Life Sciences Sector
According to the Financial Post, the life science sector attracts millions of dollars of funding each year from the federal and provincial governments: – The Scientific Research and Experimental Development (SR&ED) program provides a tax rebate on eligible R&D expenses.… Read more »
Interactive Digital Media Funding – CMF Case Studies
On Monday, the Canada Media Fund (CMF) announced a $14 million round of funding to 25 interactive digital media (IDM) projects as part of their Experimental Stream. CMF’s track record in its three years of doling out digital media funding… Read more »