Grants for June 2018

Win a ticket to the Fundica Roadshow in Toronto!

 

 

You are cordially invited to attend Fundica Roadshow in Toronto on June 28th, 2018 where we will be exhibiting.

 

All Fundica Roadshow attendants will have a chance to:

  • Network with investors and entrepreneurs
  • Learn about important funding trends and opportunities

If you want to get a free ticket to Fundica Roadshow, follow us on social media

Facebook

 

LinkedIn

 

Twitter

 

The contest will run until June 26th. The winner will be randomly selected and notified on June 27th.

You can learn more about Fundica Roadshow in Toronto and get your tickets at https://www.eventbrite.ca/e/2018-fundica-roadshow-toronto-hosted-by-mars-tickets-42247517462.

Election Results & Government Funding

Last Thursday most Ontarians granted the Ontario PC party a majority. No matter which candidate you have voted for you better know what the change in government could mean for the government finding. Below is my expert opinion based on the analysis of the OPC platform.

1. The change won’t impact the Federal funding programs such as CanExport for marketing activities to open new export markets, IRAP, etc.

2. The change will less likely impact jointly funded programs such as COJG for skills training, Canadian Agricultural Partnership which funds Ontario farmers, food and beverage manufacturers, and SR&ED Tax Credit.

3. Ontario Jobs and Prosperity Fund will most likely be terminated. New applications will not be accepted during the transition period.

4. SouthwesternEastern and Northern Ontario development funds will likely remain intact, but the upcoming Greater Toronto and Hamilton Area Development Fund promised by the Liberals in the last budget could never be open for applications.

5. The cancellation of Cap and Trade program will put all provincial greenhouse gas emission reduction funding at risk including Green ON initiatives (formerly SMART Green)Target GHG and several R&D funds focused on the subject. All those programs were financed by the revenue from Cap and Trade Program and carbon tax.

6. Expect delays. It will likely take the new government 3-6 months to get up to speed which may impact the new applications. They may be put on hold or rejected until further notice.

7. Value for dollar audit of the government programs. This is certainly a great idea I like as a taxpayer, and even though it will slow the provincial funding down, there is a chance that the most performing programs will be extended. However, it’s difficult to predict how long the audit will take, likely over a year. If you have received the provincial funding in the past, remember that the government has a right to get back to you with an audit even after your project is completed. You’d better start looking for project files and binders. Also, we don’t expect any new programs until the old programs are audited.

If you have never applied for the provincial finding it is a good idea to check which programs your business is eligible for and try our improved self-service eligibility check.

CHECK ELIGIBILITY NOW

Steel & Aluminum Tariffs. Are You Next? What to Do Now?

You may know that I came to grant writing business from export & import consulting, and still, do it on the side. I could not just sit and do nothing about the steel and aluminum tariff hike by the U.S. which is effective on June 1st, 2018. Even if you are not in metal business, there is no guarantee that your industry won’t be next one on a target list for sanctions.

  • What to do now?
  • How to protect your business from such unfriendly actions?
  • How to reduce the damage if your business is impacted?

Read our practical post now to find the answers. Share it with your friend, partners, suppliers or clients that may be impacted or are confused what to do now.

LEARN WHAT TO DO NOW

Keep in mind that the Federal government has a funding program to cover 50% of your export market development costs in the new export market. That said if your #1 market in the U.S. there is funding for you to develop other markets.

CHECK ELIGIBILITY NOW