9 Questions about 10% Equipment or Building Refund answered
Since the announcement of the Ontario Made Manufacturing Investment Tax Credit, which recently opened its intake, we have received many questions from our clients. We are happy to share the most common questions and answers.
Question 1: We paid a 50% deposit on the machine in February 2023 and the...
Purchased Equipment or Building? Get 10% Government Refund
We are happy to announce that the Ontario Made Manufacturing Investment Tax Credit has recently opened its intake.
The program is a 10% refundable tax credit for capital investments in buildings, machinery, and equipment used in manufacturing or processing, which aims to bring...
New: Critical Industrial Technologies initiative
We are excited to inform you that the Critical Industrial Technologies (CIT) initiative is now open for applications. Through the initiative Ontario industry will converge with innovative SMEs to amplify Ontario’s rich critical technology capabilities and propel four key sectors of...
Empower your business growth with BSP Program: Partner Feature
As the Spring 2024 intake for the Business Scale-up and Productivity program is now open, businesses in Ontario have a chance to get an interest-free government loan to complete large-scale expansion, adopt innovative technologies, scale-up, boost productivity, and enter new markets to...
Now Open: Business Scale-up and Productivity Program
We’re excited to inform you that the Business Scale-up and Productivity program has just opened its Spring 2024 intake. The program is an interest-free government loan that supports businesses in Ontario as they complete large-scale expansion, adopt innovative...
Client’s Success Story: Over 200K for Food Manufacturer
We’re excited to share with you another success story from our client, a commercial bakery with multiple locations in the Toronto area, that has recently succeeded in securing over 200K in grants for equipment purchasing and ERP implementation.
The funding helped the company significantly...
Alliance Advantage
Amount: from $20,000 to $1 million per year
...
Regional Opportunities Investment Tax Credit
Amount: 10% refundable tax credit
...
What’s in the 2024 Federal budget for you?
Few days ago the Federal government presented its 2024 fiscal year budget. We went through 430 pages to summarize what matters the most for your business. We are happy to share the following key business funding programs updates.
The following New Grants will be open as soon as the government...
Expanding business in Ontario? Hurry to apply for SWODF/EODF
We’re happy to inform that intake is now open for the Southwestern Ontario Development Fund (SWODF) and Eastern Ontario Development Fund (EODF). The programs support projects and investments to businesses, municipalities and not-for-profit organizations for economic development in...
