Regional Development Program: Advanced Manufacturing and Innovation Competitiveness Stream

Amount: Up to 15% of funding to a maximum of $5 million, interest free during the project period (loan for up to four years).

Get Started

[Webinar Invitation] Federal Government Programs designed to Address Debt

When government support for businesses fades while the pandemic worsens, business owners and individuals need to know their rights and options when facing an unbearable amount of debt. Personally, I feel very sad every time I find out that the business filed for bankruptcy and we lost several clients to it. For this reason, we invited a guest speaker, Debbie Dokas, Managing Partner at Sarnowski Debt Law, to speak at the upcoming webinar about Federal Government Programs designed to Address Debt“.

Exposing the truth behind Bankruptcy Trustees and who they really work for, you will learn how to legally protect your assets from creditors, save your business and avoid going bankrupt.

Why Join Us?

  • Pandemic stimulus/rescue grants are expiring or getting too difficult to qualify.
  • You need to understand why you should beware of Bankruptcy Trustees.
  • You will learn how to reduce your Corporate and Personal Debts (including CRA) without going Bankrupt.
  • If you have debt problems, you have legal problems. You need a Lawyer, not a Bankruptcy Trustee.

Visit www.saynototrustees.ca for more details. For more information about Ms. Dokas, visit www.sarnowskidebtlaw.ca, watch her TV Interview here or listen to Debbie featured on 99.5FM here.

Please register early to ensure your place.

Date and Time: Tuesday, Jan 25, 2022, 12:00 PM Eastern Time (US and Canada)

Seminar Speaker: Debbie Dokas, Managing Partner at Sarnowski Debt Law – Canada’s Leading Debt Reduction Law Firm.

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Can’t Attend the Webinar?

Can’t attend the webinar? The recording will be posted on our YouTube channel within a week after the event – https://www.youtube.com/channel/UCj2IGeKBHIpCtnqnPKcI1lw.

Do you qualify for government funding? Check eligibility at https://www.fgwinc.ca/eligibility.

OINP Entrepreneur Stream is now open

You may have heard that the Ontario Immigrant Nominee Program, Entrepreneur Stream is now open. It was on hold for awhile but hopefully the recent re-launch is here to stay. You can learn more about the OINP program here.

Rest assured that our team of professional business writers will support you and your clients with any writing needs to apply for the program, including:

  • Expression of Interest
  • Business Plan
  • Final Report

We can also do the market research to help applicants establish realistic performance targets.

Can we help you or your clients with their business plans? If so, request a quote here: https://fairgrantwriting.ca/business-plans-for-canadian-immigration-programs/.

I also wanted to take this opportunity to wish you and your family a happy holiday season, whether you celebrate or just take time off to recharge your batteries. May the next year be filled with health, joy and prosperity!

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Set your 2022 business goals

I can’t believe it’s almost the year-end! It’s time to reflect on what’s been good this year and what could have been better. Hope your 2021 went well despite all obvious issues outside our control.

It is also time to set your personal and business goals for 2022. The bad news is that there is nothing I can do to help you reach your personal goals, but the good news is that I might be able to help you get where your business deserves to be!

This time of the year we launch our traditional goal-setting survey where you list your business goals and we match them with the government funding programs. The survey is located here https://wr203.infusionsoft.com/app/form/next-year-goals.

Fill it out, and we will get back to you in the next three days.

Set your 2022 business goals

SET 2022 BUSINESS GOALS

Say goodbye to Canada Emergency Wage Subsidy

The Canada-Emergency Wage Subsidy was instrumental in helping qualified Canadian businesses during the pandemic. Even though it was quickly deployed and received constructive criticism, we must admit that it was helpful overall. The Federal government, however, decided to discontinue the program and the last eligible month to apply is October 2021.

However, the most impacted businesses won’t be left behind, especially with the new variant on the horizon. Here is the proposed suite of replacement programs:

  • Extend Canada Recovery Hiring Program until May 7, 2022, for eligible employers with current revenue losses above 10% and increase the subsidy rate to 50%. The extension would help businesses continue to hire back workers, increase hours, and create the additional jobs Canada needs for a robust recovery.
  • Tourism and Hospitality Recovery Program, which would provide support through wage and rent subsidies to, for example, hotels, tour operators, travel agencies, and restaurants, with a subsidy rate of up to 75%.
  • Hardest-Hit Business Recovery Program, which would provide support through wage and rent subsidies to other businesses that have faced deep losses, with a subsidy rate of up to 50%.
  • Local Lockdown Program, which would provide businesses that face temporary new local lockdowns up to the maximum amount available through the wage and rent subsidy programs.

Please note that none of the above-listed programs is launched. The Parliament is debating the programs this week and, with a bit of luck, the legislation will pass before Christmas. Please stay tuned!

Do you qualify for the government funding programs? Fill out the Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

Last chance to apply for COJG training grant

We wanted to remind you that some of the government funding programs, including the popular Canada-Ontario Job Grant for skills training, will end on March 31, 2022. In the past years, the program has always been renewed every fiscal year, but we’ve been told this time it may not be the case. We don’t know yet whether or not COJG will be replaced with a new program or be discontinued.

In this situation, your right strategy is to apply for the funding if you have any 3rd party training needs.

Eligibility Criteria:

  • Be a for-profit business of any size and industry
  • Located in Ontario
  • At least 1 employee who is not the business owner on payroll
  • Current employees and candidates are eligible trainees

Eligible Costs:

  • Training (tuition) fees for the skills training (3rd party training only)
  • Books & training supplies/materials
  • Examination fees
  • Other mandatory training fees, if applicable

Amount:

  • 50%-83% of the cost up to a maximum of $10K per trainee.

Do you qualify for Canada-Ontario Job Grant or other government funding programs?

Fill out the Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

Strategic Agri-Food Processing Fund is Announced

Ontario government has recently announced that starting in 2021-22, the Strategic Agri-Food Processing Fund will provide grants of up to $3 million to agri-food processing businesses to invest in capital, equipment and technology. The initiative aims to increase processing capacity and productivity while also enhancing the food security of Ontarians.

The Strategic Agri-Food Processing Fund will support industry in capitalizing on opportunities in value-added processing to expand domestic and international market opportunities for Ontario’s trade and exports.

Specific program details will be available upon the program’s launch in the spring of 2022.

 

Ontario Automotive Modernization Program (OAMP) resuming soon

We are happy to announce that Ontario Automotive Modernization Program (OAMP) will start accepting applications on November 15, 2021, and has increased its maximum amount of funding to $150K, compared to the previous amount of $100K.

This program supports projects in the following categories: technology adoption, tools and technologies to support new product development, lean manufacturing.

Main eligibility requirements include:

  • be a for-profit business (with a business number)
  • have less than 500 employees in Ontario
  • have less than $1 billion in global revenues
  • have at least two years of financial statements
  • at least 50% of the company’s total sales revenue comes from the auto supply sector
  • must have a manufacturing location in Ontario by the time your project starts

Start date: November 15, 2021

Need help with this or other government funding programs but don’t know where to start or how to prepare an application?

Fill out the Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

Webinar: The Effect of the 2021 Election on Government Grants and Loans

We would like to thank all of you for joining us at the “The Effect of the 2021 Election on Government Grants and Loans webinar. It was an absolute success and we hope you got a chance to join us live.

In case you missed it or would like to watch it again, we have a recording of the webinar available now.

Additionally, we have the presentation deck for your refence available here: The Effect of the 2021 Election on Government Grants and Loans

The information is valid as of Oct 28, 2021.

Need help with government funding programs and don’t know where to start or how to prepare an application?

Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

Invest North Program (Northern Ontario)

Amount: Up to 50% of total eligible costs to a maximum of $500,000.

Get Started

Business Technology Improvement Fund (BTIF – Parry Sound/Muskoka only).

Amount: up to 50% of approved costs up to a maximum grant of $25,000 (Parry Sound/Muskoka only).

Get Started

Agricultural Clean Technology Program

Amount: Funding 50% up to a maximum of $2 million per project.

Get Started

Space Technology Development Program (STDP) – Temporarily Unavailable

Amount: Varies depending on the Request for Proposal

Get Started

AgriScience Program

Amount: less than $5 million over five-years.

Get Started

[Webinar Invitation] The Effect of the 2021 Election on Government Grants and Loans

We would like to invite you to the upcoming webinar The Effect of the 2021 Election on Government Grants and Loans”.

While the Federal Election returned the Liberal Government, the pandemic and realities of 2021 have affected government and industry priorities.

This webinar will discuss the Federal and Provincial changes that have already taken place and the signals arising from the Ontario Throne Speech.

The widely anticipated Digital Adoption Program will also be an area of focus.

Please register early to ensure your place.

Date and Time: Thursday, Oct 28, 2021 12:00 PM EST

Seminar Speaker: Igor Chigrin – Business Funding Expert, Fair Grant Writing.

Click here to find out more about grants in Canada

Can’t Attend the Webinar?

Can’t attend the webinar? The recording will be posted on our YouTube channel within a week after the event – https://www.youtube.com/channel/UCj2IGeKBHIpCtnqnPKcI1lw.

Do you qualify for government funding? Check eligibility at https://www.fgwinc.ca/eligibility.

 

CMTS 2021: Funding to buy equipment and software

Have you attended the Canadian Manufacturing Technology Show? Whether you had a chance to attend it or not, you should know about the following government funding programs that help you buy equipment and software.

  1. Canada Digital Adoption program (CDAP) is set to open in October as well. It will support technology consulting and implementation like ERP, CRM, AI, Industry 4.0 and other types of software. This program combines a grant for assessing your digital needs and an interest-free loan to acquire digital technology, up to $100K.
  2. Federal expansion funding programs like Jobs & Growth FundAerospace Regional Recovery InitiativeBusiness Scale-Up and Productivity and Strategic Innovation Fund are the interest-free government loans to support large-scale capital projects that typically include purchasing equipment and building expansion. The government provides 35% to 75% of those expenses depending on the program.
  3. If your business is located in Southwestern, Eastern or Northern Ontario, you may qualify for a provincial expansion grant of 15% of your equipment, software and building expansion expenses if all these expenses are part of a large expansion project. The programs are Southwestern ON Development FundEastern ON Development Fund, and the Northern Ontario Heritage Fund.
  4. Canada Small Business Financing Program (CSBFP) provides interest-bearing loans to purchase equipment up to $350K. However, 85% of the amount of such a loan is guaranteed by the government.
  5. Later this year, we also expect the renewal of the Ontario Automotive Modernization Program, which provides a grant of 50% of your software acquisition or upgrade program if you are part of an Ontario automotive industry.

Need help with applying for the above or other government funding programs? Fill out the Eligibility Check form now to find out if your business qualifies http://www.fgwinc.ca/eligibility.

Two New Funding Programs for Agri-Food & Beverage Sector

We are happy to share the announcements of two exciting government funding opportunities for the agri-food and beverage sector.

1) The Ontario Agri-Food Research Initiative’s (OAFRI) Commercialization Stream is designed to provide Ontario’s agriculture, agri-food, and agri-based products sectors access to funding to support commercialization projects with a focus on market validation and product development activities. The deadline to apply is October 29, 2021, at 2pm EST.

Eligible Ontario-based organizations with promising discoveries may apply for funding (100% – no cost share requirement) to support the advancement of their research into the marketplace through two project types:

  • Project Type A: Market Validation – funding up to $30K per project
  • Project Type B: Product Development – funding from $50K – $150K per project

There will be an information session on October 6 at 10 am EST with an opportunity for Q&A. Here is the link to register: https://register.gotowebinar.com/register/8885893853238490126.

2) Technology and Equipment to Improve Productivity is a part of the Canadian Agricultural Partnership (CAP) program and provides funding for food and beverage manufacturers to acquire advanced manufacturing equipment and software, for example, ERP systems.

You can submit applications for these types of projects between September 29, 2021 and October 20, 2021.

The program provides 35% of the technology or equipment cost up to a maximum of $100K.

Need help with government funding programs and don’t know where to start or how to prepare an application?

Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

What Funds to Expect from the Minority Government?

As you probably know by now, the recent Federal election didn’t change the balance of power in Ottawa. However, you need to know about the following funding promises for business that will be implemented within the next few months.

  1. Extension of the Canada Emergency Wage Subsidy and the Canada Emergency Rent Subsidy. These two popular grants for businesses hit hard by the pandemic will continue until March 2022. Although the Wage Subsidy program will be gradually replaced with the Canada Recovery Hiring Benefit, there will be the funds to support employees’ salaries if your business is still in trouble
  2. CanExport Renewal. The popular CanExport grant is set to open the next intake in October. To remind, CanExport provides Canadian businesses with funding to help them market in the new export markets, both digitally and traditionally. We will find out what program rules will change and let you know in a separate email.
  3. Canada Digital Adoption program is set to open in October as well. It will support technology consulting and implementation like ERP systems. The details will be available soon.
  4. Federal expansion funding programs like Jobs & Growth FundAerospace Regional Recovery InitiativeBusiness Scale-Up and Productivity and Strategic Innovation Fund are set to resume the regular application review process. The process was on hold due to the election.
  5. Canada Small Business Financing Program (CSBFP) will increase the maximum amount to $500K from $350K.
  6. No Impact on the Provincial Funding. Federal elections have no impact on the provincial government funding programs for businesses.

If you have any questions about the impact of the Federal election on your business, simply get in touch with us through apply@fgwinc.ca.

Fill out the Eligibility Check form now to make sure you don’t miss this funding opportunity http://www.fgwinc.ca/eligibility.

Webinar: Aerospace Regional Recovery Initiative (ARRI) – Lifting Aerospace in Ontario

We would like to thank all of you for joining us at the “Aerospace Regional Recovery Initiative (ARRI) – Lifting Aerospace in Ontario webinar. It was an absolute success and we hope you got a chance to join us live.

In case you missed it or would like to watch it again, we have a recording of the webinar available now.

Additionally, we have the presentation deck for your refence available here: Aerospace Regional Recovery Initiative

The information is valid as of Sep 9, 2021.

Need help with government funding programs and don’t know where to start or how to prepare an application?

Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

[Webinar Invitation] Aerospace Regional Recovery Initiative (ARRI) – Lifting Aerospace in Ontario

We would like to invite you to the upcoming webinar Aerospace Regional Recovery Initiative (ARRI) – Lifting Aerospace in Ontario”.

The Federal Government allocated $250 million to boost Ontario’s small and medium aerospace enterprises. It presents a lucrative opportunity for manufacturers and the maintenance, repair and overhaul (MRO) industry to gear up and compete on the world stage in the post pandemic era.

Fair Grant Writing has extensively researched this program and will break down the opportunities for funding. We will discuss the program’s opportunities to:

  • “Green” your operations and adopt environmentally sustainable practices
  • Improve productivity
  • Strengthen product and systems commercialization while furthering integration into regional and global supply chains

We will also cover the project and applicant eligibility criteria, contribution amounts/ proportions and disbursement process.

This event is ideal for companies in or servicing the Aerospace industry including manufacturers, machine equipment, software, industry 4.0 suppliers and MRO companies.

Please register early.

Date and Time: Thursday, Sep 9, 2021 12:00 PM EST

Seminar Speaker: Igor Chigrin – Business Funding Expert, Fair Grant Writing

Click here to find out more about grants in Canada
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Can’t Attend the Webinar?

Can’t attend the webinar? The recording will be posted on our YouTube channel within a week after the event – https://www.youtube.com/channel/UCj2IGeKBHIpCtnqnPKcI1lw.

Do you qualify for government funding? Check eligibility at https://www.fgwinc.ca/eligibility.

How will the Federal Election impact government funding?

As you may have heard, Canadians are called to cast their votes in the next Federal election on September 20, 2021. Here are a few items you need to know about the Federal government funding for businesses before and after the election regardless of your political preference.

  1. Decision-Making Freeze. Although all Federal government funding programs will continue to accept applications, the decisions will only be made after the new Federal government is formed. Therefore, we encourage our clients to submit applications but be patient.
  2. CanExport Renewal Delay. We expected the popular CanExport grant to be replenished in September 2021, but because it is a Federal program, it will likely open the next intake in October. To remind, CanExport provides Canadian businesses with funding to help them market in the new export markets, both digitally and traditionally.
  3. No Impact on the Provincial Funding. Federal elections have absolutely no impact on the provincial government funding programs for businesses.

If you have any questions about the impact of the Federal election on your business don’t hesitate to get in touch with us – apply@fairgrantwriting.ca.

Fill out the Eligibility Check form now to make sure you don’t miss this funding opportunity http://www.fgwinc.ca/eligibility.

Ontario Junior Exploration Program (OJEP)

Amount: Up to $200,000 with maximum of 50% of total exploration expenditures.

Get Started

Why you should look closely on government loans?

Last week we announced the launch of two new Federal loans for businesses: the Jobs and Growth Fund and the Aerospace Regional Recovery Initiative (ARRI). However, many readers of our newsletter and blog were skeptical about them because they were not grants.

We see the trend across all levels of government that grants are being slowly replaced with interest-free loans. Given the tremendous amount of money the governments spent on fighting pandemic, we think that the business community should start getting used to government loans. We expect that they will replace many grants.

The good news, however, is that government loans have three key advantages:

  1. No interest.
    Although the interest rates are generally low, don’t get confused that there is no big difference between 0% and 5%. If you add up all the interest accumulated over the years, you will see significant savings if you apply for government loan.
  2. No collateral or personal security.
    As my banker friend jokes, the bank would have taken a first child as loan security if it was allowed to do so. The government doesn’t even demand your business assets or personal property as security.
  3. Flexible repayment schedule.
    The government loan is repaid over 5-7 years, and the payment schedule may be negotiated at the time of approval. Furthermore, in most cases, you don’t start repayment until after 12 months of the project completion. And the project may last 3-4 years.

I hope the above information helps to demystify some of the misconceptions about government loans.

Fill out the Eligibility Check form now, to make sure you don’t miss this funding opportunity http://www.fgwinc.ca/eligibility.

Fisheries and Aquaculture Clean Technology Adoption Program (FACTAP)

Amount: Up to 75% of eligible project costs (maximum of $1.0 million per year).

Get Started

Export Marketing Assistance (EMA) Program

Amount: Up to $30,000 or maximum of 30% of total eligible project costs over $100,000.

Get Started

Aerospace Regional Recovery Initiative

Amount: up to 50 percent of eligible costs with up to 10 million per project.

Get Started

Jobs and Growth Fund

Amount: up to 50 percent of eligible costs with up to 10 million per project.

Get Started

What the new Canada Recovery Hiring Program is about?

As the economy reopens and most businesses return to pre-pandemic revenues, the Federal government will gradually phase out the Canada Emergency Wage Subsidy program (CEWS). The last eligible period ends on September 25, 2021. The % of the subsidy will gradually decrease month after month.

However, the pandemic did not impact all businesses equally, and some will continue to struggle for some time. This is exactly what the new Canada Recovery Hiring Program (CRHP) is for. CRHP will run until November 20, 2021. It is available for businesses that experienced at least a 10% revenue drop due to the impact of the pandemic compared to the previous periods. The rates of that subsidy will be fixed depending on the period.

If your business continues to struggle for the next few months, both CEWS and CRHP will co-exist, and you will apply for whichever gives you the maximum subsidy. The application is available on the CRA website, under My Business Account section.

Fill out the Eligibility Check form proactively at http://www.fgwinc.ca/eligibility, and we will contact you when the details of the above programs are announced.

No grant for equipment or building? No problem

It is not uncommon in the government funding universe that the grants for equipment or leasehold improvement come and go. Others depend on the location of your business and you only qualify if you are located in a remote or rural area. It is also extremely rare that the government pays for things like buying land or building.

One solution in this situation is to do nothing and wait for the government to launch the funding on day. But can your business afford to wait uncertain amount? Would you rather consider the alternative program?

In case of equipment, building or leasehold improvement, the alternative is the Canada Small Business Financing Program (CSBFP). This is not a grant though. This is a loan, 85% of which is guaranteed by the Federal government. If something goes not according to the plan, your business will only be liable for 15% of the loan amount.

The program works for both established companies and start-ups. It will also be soon modified, and the maximum amounts of the loan will be increased, so stay tuned.

We assist our clients with finding the right financial institution that offers this program, writing business plan to support the application, and collecting documentation.

Need help with other government funding programs but don’t know where to start or how to prepare an application?

Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.