This Program is Out of Funding. Are you impacted?

This is a quick update to let you know that the intake of applications for Yves Landry Foundation’s AIME program is now complete. The next intake is anticipated in the late summer of 2019.
The program pays 50% of skills training cost including trainer’s fees, labour cost, travel to the location of training and even meals on training days. Haven’t had a chance to apply? No problem. Fill out the eligibility check form, and we will notify you when the program is back again, or if there is an alternative funding program to cover your upcoming training cost.

CHECK ELIGIBILITY NOW

[Government Funding Tip] What does incurred cost mean?

Today we open up a series of tips that we will be sharing with you. They will help you to understand the hidden nuances of the government funding programs better, select the right project to apply and get funded.

So, today we will look into the nuances of eligible costs. Those costs may include capital, labour or others depending on the program rules.

What is common for all programs is that in order to be eligible the costs must be incurred after the start date of the approved project. What does incurred mean?

1. You can’t pay the cost, partially or fully, prior to the start date set by the government in approval letter or contribution agreement.

2. You must not sign the lease or advance financing towards eligible cost prior to the start date. Securing a line of credit or commercial mortgage is acceptable as long as the money is not advanced.

3. You can’t start the approved project activities prior to the start date. For example, the training can’t start, the equipment can’t be delivered to the production facility, or the person can’t be hired before the start date.

4. Some exceptions apply. Some export development and business expansion funds allow incurring some costs before the project start date or approval date.

If you are still not sure whether your project costs are eligible for government funding, fill out eligibility check form, and one of our funding specialists will get back to you within 2 business days.

Should you worry because this provincial fund didn’t open the intake?

This week we expected the launch of the next intake of the provincial stream of Canadian Agricultural Partnership program. The program was supposed to contribute government funding to the capital and non-capital projects of Ontario-based farms and food & beverage manufacturers. However, the program hasn’t opened its doors in the end of January as it had originally promised. We proactively called Ontario Ministry of Agriculture and were told the program was audited and no date of intake was set.

We all in Ontario know how bad the provincial budget deficit is. Should we start worrying about the provincial grants?

The answer is definitely yes. But for now, most of the provincial funding programs still accept the applications. Also, for the most of the provincial programs there is a duplicate Federal one which may be funded better.

What else can you do? Reach out to your local MPP and tell him or her how important the funding is for your business and request the provincial funding programs to be renewed in the next fiscal year. The provincial programs include Canada-Ontario Job GrantExport Market Access, regional development funds in WesternEastern and Northern Ontario to name a few.

In the meantime, check eligibility of your business now and start applying for funding. This may be your last opportunity as nobody will know until late March what happens to the provincial funding in the upcoming Ontario budget.

Before & After: What’s New in CanExport Program Rules

The Federal government announced changes in CanExport program, and I can’t wait to share them with you. Just to remind you, the program pays 50% of the export marketing costs including trade shows, trade mission, travel, export market entry planning, legal fees & more, up to a maximum of $99,999. Here is the summary of the changes in Before & After format.

1. More medium-to-large businesses are now eligible.

Before: Must employ between 1 and 250 full-time equivalent (FTE) employees;

After: Must employ less than 500 employees

2. More small businesses are now eligible too.

Before: Must have between $200,000 and $50 million in annual revenue declared in Canada;

After: Must have between $100,000 and $100 million in annual revenue declared in Canada;

3. The definition of “new export market” is now more flexible. And the applicant can target up to 5 export markets in one application.

Before: Must target export market where the applicant hasn’t exported for the last 24 months;

After: Must target up to 5 export markets where the applicant hasn’t exported or hasn’t substantially exported within the last 24 months. Substantially exported means that during the past 24 months the applicant made less than $20,000 in annual sales in the target market(s) or the annual sales in this market represent less than 10% of its total international sales for the same period.

4. Sub-national markets count as new export markets

New: Large emerging markets (Brazil, India, China) are segmented into sub-national markets. If you, for example, have a client in Shanghai you can still apply for CanExport program to go to the trade show in Beijing even though both cities are in the same export market.

Does your business qualify?

CHECK ELIGIBILITY NOW

Talent Event Invitation & Hiring Subsidy Deadline

Happy New Year! Hope the holiday season went well for you!

First of all, let me remind you that Canada Summer Jobs Program is open for applications. The application deadline is January 25, 2019 so don’t delay! The program provides 50% of the Ontario minimum wage ($7.5) per each hour each summer student works for you. You don’t need to have the candidates in mind to apply but you need the job descriptions and requirements.

Secondly, on Tuesday January 15th between 4 p.m. and 7 p.m. we will participate in Talent Connect event organized by RED Academy. RED Academy provides training inDigital Marketing, User Experience and User Interface Design, and Web and App Development. The event will mark the graduation of the group of students. If you are looking to hire IT professionals join me at 462 Wellington St W, Unit #101 in Toronto. Space is limited, please, reply to RSVP, and indicate how many guests are coming.

REPLY TO RSVP: Talent Connect Event

What happened to FedDev Ontario programs?

The Federal Development Corporation for Southern Ontario (FedDev) announced the change in its programs a couple of days ago. The changes are effective immediately, and I can’t wait to share them with you.

1) Investing in Business Innovation (IBI) and Investing and Business Growth and Productivity (IBGP) programs are consolidated in one new program called Business Scale-Up and Productivity. Between you and I let’s call it BSUP as there is no official acronym yet.

2) The new program is not available for startup funding but allows the applicant to use angel and venture capital investment. The applicant must be on solid financial ground.

3) BSUP focuses on late-stage technology development and commercialization, expansion or advanced technology adoption to improve productivity and help the applicant to support global growth.

4) Priority will be given to the high-growth globally-oriented businesses in high-priority sectors: advanced manufacturing, technology development, and agri-food.

5) All projects must be completed by December 31, 2023.

6) BSUP provides an interest-free loan for 35% of the eligible cost. Up from 25%.

7) Minimum requested amount of loan must be $500,000, up to a maximum of $10 million. It means that the minimum project budget must be $1.5 million.

8) BSUP reimburses the cost on a quarterly basis.

9) Grace period is up to 12 months following the completion of the project and no collateral.

Does your business qualify?

CHECK ELIGIBILITY NOW

What is in Fall Economic Update for you?

The Federal government presented the Fall Economic Update last week. You‘ve probably heard major announcements in the news. But I wanted first to read over 100 of pages of the document, to make sure you get the most accurate summary of the changes in the Federal funding programs for businesses. Here is our analysis, which, hopefully, makes more sense to you compared to the mainstream media buzz.

1) Thcost of machinery and equipment will be eligible for a full tax write-off the year it is put in use in the business. It doesn’t appear that there is an application procedure to be allowed to use immediate expensing. Waiting for CRA instructions on that.  Get Started

[Confirmed] 100K Funding for Manufacturers is Back

The Federal government renewed the funding for Yves Landry Foundation’s AIME Initiative, a successful incentive program for skills training. The program pays 50% of the training cost, including labour, up to up to $100,000 in non-repayable funding. The applications are accepted on a continuous basis but the funding can be depleted fast. Only the manufacturers employing over 10 employees in Southern Ontario can apply.

The money can be spent on developing new engineering skills, training in the use of new software, hardware or advanced production equipment, retraining to embrace new technologies, new manufacturing methods, processes or techniques (e.g. lean manufacturing, quality & supply chain management, etc). Get Started

Women Entrepreneurship Fund

Last weekend the Federal government announced the Women Entrepreneurship Fund. This is a time-limited but lucrative opportunity for women-owned or -controlled businesses to get up to $100,000 in non-repayable funding. The application deadline is November 15, 2018.

The money can be spent on either (1) pursuing export market opportunities or (2) business scale-up, expansion and growth which includes the broad range of eligible cost from labour to software and equipment.

[Invitation] Only 5 Tickets Left! Government Funding Seminar on September 24, 2018

Start the fall with the right move! Join us on September 24, at 6 p.m. EST for the exclusive seminar “Make a Wish and It Shall Be Grantedat Hyatt Regency Toronto(370 King Street West, Toronto, ON M5V 1J9). During this evening event you will:

  1. Enjoy the evening of networking, Canadian whiskey tasting and Austin Ellis’ performance (the finalist of the Voice)
  2. Learn most recent updates in the government funding universe
  3. Find out how to develop your funding strategy and what should be in it
  4. Discover how the government assesses the application and how to select the right project to get approved
  5. Purchase my book “Get Funded!” at the exclusive event price

Excited? Register now for the exclusive event. Only 5 spots are left. Reasonable fee applies to cover the cost of the premier venue, catering and entertainment.

REGISTER FOR EXCLUSIVE SEMINAR ON GOVERNMENT FUNDING

The event is organized by Deborah Kerbel, Canada’s Top 5% Corporate Event Planner. Sponsorship opportunities are available. If interested, please, respond to this email.

[Join us at 1 p.m. EST today] How to Make Trump’s Tariff Threats Irrelevant to Your Business?

There is still time to join us today, at 1 p.m. EST for the complimentary webinar “Diversify or Die“. The purpose of this 1-hour webinar is to show you the practical tools you can apply right now to save your business from the destructive impact of the next wave of Trump’s tariffs. We will also discuss government funding opportunities that can help you diversify your export sales.

Not impacted by tariff wars yet? No time to relax! Register to learn how to get ready in case if your business is next, and how to diversify your supply and distribution chains.

If you already registered, please, disregard this invitation.

REGISTER FOR “DIVERSIFY OR DIE” WEBINAR NOW

The webinar is delivered by our sister company Win Global Partners.

Companies in Nova Scotia Now Have Help Securing Grant Money

Successful Toronto-based grant-writing firm expands East.

Toronto-based Fair Grant Writing has 16 writers, editors, project coordinators and managers. Now they have a presence in Nova Scotia.

“Some of the country’s best ideas are coming out of the Maritimes,” says Igor Chigrin, Fair Grant’s founder and author of Get Funded! “Being able to bring them to life through access to government funding is special for us.”

Fair Grant Writing puts proposals together for unlocking access to government grants & loans. Since 2009, Igor and his team have helped companies overcome skill shortages, improve capacity, access new markets, develop new products and more.

The Nova Scotia operation is being run out of Dartmouth by Jesslyn Dalton. Previously, Jesslyn worked for Service Canada and the Nova Scotia Department of Labour and Advanced Education where she helped grant recipients to deliver against the promises they made in their pitches.

“I know what governments look for from a grant request. I’ve seen enough submissions to know what leads to a yes. Our team puts amazing submissions together. They’re thorough, convincing and reflective of government priorities of the day.

Nova Scotia businesses should refer to the Fair Grant website to assess their eligibility for funding or contact Jesslyn at 902-461-1352 or jesslyn@fairgrantwriting.ca.

How to Make Trump’s Tariff Threats Irrelevant to Your Business? [Webinar Invitation]

Has your business been hit by raised U.S. steel, aluminum or other tariffs? Is your business next on Trump’s tariff list?

Join us on July 24, at 1 p.m. EST for the complimentary webinar “Diversify or Die“.The purpose of this 1-hour webinar is to show you the practical tools you can apply right now to save your business from the destructive impact of the next wave of Trump’s tariffs. We will also discuss government funding opportunities that can help you diversify your export sales.

Not impacted by tariff wars yet? No time to relax! Register to learn how to get ready in case if your business is next, and how to diversify your supply and distribution chains.

REGISTER FOR “DIVERSIFY OR DIE” WEBINAR NOW

The webinar is delivered by our sister company Win Global Partners.

Save This Summer and Beyond

Hope you are enjoying the summer! It is typically a slow business season but, on the other hand, provides a great opportunity to make strategic decisions. Here is the idea for you to explore.

Savings

We became a partner with Anovia Payments (www.anoviapayments.com), a provider of a complete payment processing solution for businesses. Anovia Payments allows you to process debit and credit cards, convert electronic checks, provide e-commerce solutions, gift and loyalty programs and meets or beats the rates of other payment processing vendors. You have a chance to save on your payments processing bills. Furthermore, Anovia Payments guarantees to meet or beat your current rates, or it will give you a $100 gift card for your time.

REPLY TO REQUEST PAYMENT PROCESSING QUOTE

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

[Invitation] Webinar on Government Funding-April 26, 2018

You are cordially invited to join us at the upcoming complimentary webinar on Canadian government funding for businesses. You will learn:

  • What’s new for your business in 2018 Federal and provincial budgets
  • What funds are available for agri-, food & beverage sector for the next 5 years
  • Overview of available government funding programs for businesses of all sectors
  • Eligibility rules
  • Tips from the writers and the funding organizations

This webinar is organized and brought to you by Bond Consulting. Join us online on April 26, 2018, at 11 a.m.

REGISTER NOW

Please, RSVP by April 19th as spots are limited.

AgriAssurance Program

Amount: $50,000 per year

Get Started

GreenON Food Manufacturing (Cancelled)

Amount: $1,000,000

Get Started

What is in 2018 Federal Budget for you?

The new fiscal year is coming and Federal Government released the budget. There are no breakthroughs like major new funds announcements for businesses, so below please find key takeaways. If you have any questions or wanted to proceed with the application submission, simply reply to this email.

Good News

  • Industrial Research Assistance Program (IRAP) gets more funding. For the past few years, the program was underfunded and oversubscribed. The program supports R&D on early and middle stages.
  • Canada Summer Jobs gets more funding again (not, you can only apply in December 2018)
  • Canada Job Grant programs for skills training will be extended and renewed following the extension of Federal-Provincial labour market agreements. No changes in rules as of now.
  • The funding with regional development agencies such as FedDev Ontario IBI and IBGP programs will be renewed and extended.
  • Many programs will be consolidated to reduce the number of hoops to jump through and time it takes to find the right funding program. This includes export development programs, like CanExport, and FedDev Ontario programs.
    There are still provincial funding opportunities that are not impacted by Federal budget.

CHECK ELIGIBILITY NOW

                                                                   Bad News

  • Programs consolidation will likely take 6-9 months. Expect longer than normal delays in application review process or rejections “until new program rules are created”.
  • Reform of Federal Development Agencies will likely delay the replenishment of Yves Landry Foundation’s program for skills training and CME SMART Program for advanced equipment acquisition. Those programs were previously funded by FedDev Ontario.
  • Strategic Innovation Fund for R&D and business expansion will now only accept applications for the projects of at least $10 million in eligible cost. We are yet to determine what will happen with the applications that are already submitted.
  • No word on the funding for productivity improvement and equipment purchase.
  • No word on the funding for skills training internally. Instead, a few million dollars will be allocated to a “lab” that would develop innovative training methods (what?).

CHECK ELIGIBILITY NOW

This funding program already committed over 65% of its budget…

CME SMART Program that provides 50% of the cost of the new equipment and certain building improvements to save energy and improve productivity is running out of funding fast. If you already applied or are applying right now you are out of trouble. If not, you should hurry up.

LEARN MORE ABOUT SMART GREEN PROGRAM

Not looking for buying equipment in the next 6-12 months? No problem!

CHECK ELIGIBILITY OF YOUR BUSINESS FOR OTHER FUNDING PROGRAMS

Canada Summer Jobs Program is Back, plus Holiday Discount

First of all, let me tell you that Canada Summer Jobs Program is coming back. The government pays 50% of the provincial minimum hourly wage for each hour each summer student will work for your company between May and September 2018. You don’t have to have the candidates yet but do need the job descriptions.
The program will start accepting applications on December 19, 2017. Reply to this email if you need help with writing the application.
Secondly, both the holiday season and my birthday are coming so we offer our book “Get Funded! How to Find the Money to Successfully Grow Your Business and Solve its Most Pressing Challenges” 

for only $19.95 (regular price is $34.95). 
Plus, free shipping


The purpose of this book is to help Canadian business owners, senior executives and employees put their thoughts and processes together and submit successful applications for funding, including government grants and loans, bank, private and non-traditional financing.
 
Get the book “Get Funded!” now as the discount expires in the midnight of January 2, 2018.

[New Video & Slides] Government Funding for Hiring and Skills Training


Let me share with you a new video recorded during the workshop conducted for Ontario Society of Professional Engineers in Toronto, Ontario, in September 2017, to a group of engineering firms.

In this video, you’ll get an up-to-date overview of Canadian Government Grants for training and hiring in Ontario, Canada.

Get Started

New Updated Catalog of Government Funding Programs

Let me share with you our latest version of the Catalog of Canadian Government Funding Programs for businesses. It included the last changes to the current funding programs as well as the new programs available right now. 

Get the Fall 2017 Catalog here  

Here are some changes included into the last version of the Catalog:
Get Started

Join us at RBC Advice Event – October 17 at 6 p.m.

Join us on October 17th (next Tuesday) after business hours at 6 p.m. at the RBC branch in Richmond Hill, ON, to get an overview of the most popular government funding programs & discuss your business financing needs with us and the Royal Bank advisers.

Get Started

Thank You for Visiting Us at CMTS. Book “Get Funded” is Now Available

Thank you for visiting our booth at the Canadian Manufacturing Technology Show during last 4 days and for connecting with me on LinkedIn. Also, thank you for your support of the Book Launch Gala on September 27. 

It was a great time to get to know you and learn about your business goals and upcoming projects. There are available funding programs to support them. Remember, the best time to apply for the government funding is as early as possible, so feel free to contact us to start your application process.

Get Started

[Yes!] Foreign Investors Can Now Apply for Canadian Funding

1. We have good news for foreign or Canadian investors who would like to invest in manufacturing or research & technology facilities or establish them anywhere in Canada. Strategic Innovation Fund may be a good opportunity for them to get up to 50% of the amount of their investment from the Federal Government. 

We recently started working with a foreign investor who wants to establish a manufacturing plant in Ontario. Even though they don’t have a Canadian corporation yet, their foreign corporation is eligible to apply for the investment and expansion incentives.

Get Started

How to Achieve Operational Excellence and Significantly Reduce Maintenance Costs?

September 18, 2017.

This is Igor Chigrin, а Business Funding Expert from Fair Grant Writing, a Canadian grant writing company. We help businesses grow and solve their most pressing challenges by unlocking the access to the government funding.

Today we’ll discuss how to achieve operational excellence and significantly reduce maintenance costs through adoption of Reliability-Centered Design and Reliability-Centered Maintenance. As you may know, Reliability-Centered Design and Maintenance help asset-intensive companies to achieve and sustain world-class operational excellence. And, by the way, there are Canadian government grants that pay for up to 83% of the training to implement the RCD & RCM program.

So, today I am excited to have Carlo Odoardi on this call. Carlo is a principal at COCO NET Inc., and a Certified RCM2 & RCM3 Practitioner.

[2 weeks countdown] CMTS-2017 & Book Launch Gala

Just a quick reminder to you about the upcoming Canadian Manufacturing Technology Show (CMTS) and our Book Launch Gala on Wednesday, September 27, 2017, from 5 p.m. to 8 p.m., during the Job Shop Appreciation Night Reception. 

Join us that evening and get a copy of my book Get Funded! How to Find the Money to Successfully Grow Your Business and Solve its Most Pressing Challenges signed. 
Get Started