Tag Grants for businessfunding

CanExport grant is coming back!

We’re happy to inform you that CanExport Grant Funding Program is opening its intake on February 29, 2024.

CanExport Marketing Grant provides government funding to small and medium-sized Canadian businesses for exporting their business marketing (digital including) and reimburses 50% of selected export marketing cost to a maximum of $50K.

Eligible Costs

  • Applying for certification in international markets
  • Search Engine Optimization
  • Digital and online advertising to foreign audiences
  • Business travel (airfare & ground transportation; per diem up to $400; visa fee)
  • Participation at trade fairs, trade shows, conferences, trade missions, including virtual trade shows and conferences
    • Booth cost
    • Trade show space/floor rental, design and construction services, etc.
    • Registration fees, trade show registration, seminar fees, including room fees, audio-visual equipment rental, etc.
    • Shipping and handling costs related to the participation
    • Translation & interpretation costs
  • Market research;
  • Adaptation of marketing tools for a new market; and
  • Legal fees associated with a distribution/representation agreement.

Eligible requirements

  • Be a for-profit company;
  • Be an incorporated legal entity or a limited liability partnership (LLP);
  • Have a Canada Revenue Agency (CRA) business identifier number;
  • Have less than 500 full-time equivalent (FTE) employees;
  • Must target up to 5 export markets where the applicant hasn’t exported or hasn’t substantially exported within the last 24 months.
  • All sectors except agriculture, food and beverages qualify for CanExport grant. Other industries qualify for AgriMarketing or Canadian Agricultural Partnership programs.

Intake for Canada Digital Adoption Program is closing

We would like to inform you that the Canada Digital Adoption Program will be closing its intake soonOver the last year, demand for the Program has been unprecedented. The Canada Digital Adoption Program has received over 21,000 claims since it began and another 10,000 businesses are currently working with their advisors.

Due to this incredible demand and success, CDAP’s Boost Your Business Technology grant is almost fully subscribed, and intake for new applications will be closing in the coming days.

For CDAP applicants:

  • All clients who have an existing valid grant agreement, or who apply before the application intake closes, will continue to be eligible for reimbursement once they submit their claim.
  • BDC will continue to offer its 0% interest loan to eligible businesses beyond Boost Your Business Technology’s closing date.
  • Applicants can continue to get implementation support through the youth wage subsidy component.

The case of the Canada Digital Adoption Program closing its intake earlier this year clearly demonstrates why it’s so crucial not to wait and apply for the grant opportunities right now while they are still available.

Client Success Story: 2.1M Interest-Free Loan

We’re thrilled to share an exciting update from one of our clients, a steel manufacturer in the Toronto area, which secured significant funding – a 2.1M government interest-free loan with a forgivable portion of 500K.

This boost has empowered the company to embark on an ambitious expansion project to revolutionize its operations through advanced automation and robotics.

The funding also enabled the manufacturer to achieve the following results:

  • Creation of 36 new full-time positions, contributing to job creation and upskilling within the workforce.
  • Targeted aim to reach 5% in export sales, aligning with the company’s vision of market expansion and revenue diversification.
  • Projected a 60% increase in output efficiency, demonstrating the company’s dedication to operational excellence and market competitiveness.
  • Expected increase in production capacity up to 80% per week, resulting in an additional revenue growth.

So, while more funding programs are opening their intakes this year, you should consider applying for relevant government loans and grants, as they might significantly boost your business growth.

Discover Our New Services at the N3 NGen Manufacturing Summit

We would like to remind you about the upcoming N3 NGen Manufacturing Summit, which will take place on February 8 in Toronto. Make sure to stop by our booth at the event and use a special discount code N3Summit40 to get your attendee pass for a reduced price.

As we gear up for this special event, we’re excited to unveil our two new services which help businesses leverage their available and potential financial resources:

Cost Reduction & Recovery Service

Even if your business is profitable, which it should be, it can still benefit from controlling and reducing its expenses. Within our Cost Reduction & Recovery Service, you get a custom expense reduction strategy in up to 3 weeks to help your business:

  • minimize losses
  • prevent losing more money than expected
  • get your expenses in control

Capital Injection Service

Capital Injection Service is a right and must-have solution for your business if:

  • you are struggling to find financing for your business or project
  • you are not getting the best deal on financing from your existing funder
  • interest on existing debts went out of control

To find the best financial deal for your company, we will analyze financing and cash needs beyond government funding, search for the best financing options leveraging our network of traditional and non-traditional financial services providers, develop budgets, cash flow and business plans.

Interested in any of these services? Fill out the form below.

Alberta Agri-processing Investment Tax Credit

Amount: 12% non-refundable tax credit up to $175 million

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Critical Minerals Infrastructure Fund (CMIF) – Canadian Sustainable Development Grant

Amount: up to $50 million and $100 million per project for nongovernmental applicants and provincial & territorial governments respectively.

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Maple Production Improvement Initiative

Amount: 50% cost-share funding for eligible costs up to $20,000 per project

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CanNor accepts Expressions of Interest until November 20, 2023

The Canadian Northern Economic Development Agency is seeking Expressions of Interest (EOI) for new single or multi-year projects starting in the 2024-2025 fiscal year. All EOIs must be submitted to before November 20th at 11:59 p.m. (PST).

Eligible Projects

As part of this EOI, priority will be given to projects that address one or more of the following business and community economic development priorities, in line with the four key themes of CanNor’s Pan-Territorial Growth Strategy:

  1. Diversification and Innovation — including:
    • Business Scale up and Market Expansion — projects that help businesses to accelerate their growth and assist with the adoption of innovative technologies that support scale-up, productivity and global competitiveness (e.g. clean technologies, digital adoption, e-commerce offerings).
    • Regional Innovation Ecosystems — projects that help create, grow and develop strong and inclusive (e.g. women, youth, Indigenous peoples) regional networks that support business growth and innovation, that foster the entrepreneurial environment, and that increase the competitiveness of SMEs.
    • Indigenous Economic Development — projects that support and increase the participation of northern Indigenous communities and businesses in economic opportunities (e.g. tourism, blue economy, mineral sector, housing industry).
    • Sector Development — projects that foster the development and growth of key sectors (e.g. tourism, arts and culture, fisheries, food systems) in a manner which increases community capacity, maximizes jobs, and enhances long-term wellbeing (e.g., circular economy) within the territories.
  2. Infrastructure Investments and Development — projects that leverage other investments to maximize local and regional opportunities by closing the economic infrastructure gap, as well as by supporting broadband and clean technology initiatives.
  3. Resource Development — projects that support the development and growth of SMEs within the supply chain and remediation sectors, as well as the exploration and development of critical minerals, innovative mining techniques and clean technology innovation.
  4. Skilled Workforce — projects that will increase the availability and quality of pre-employment and targeted job skills training based on industry demand, through support for curriculum development, equipment and infrastructure investments.
  5. Economic Recovery & Stabilization — projects that support communities, not for profit organizations and SMEs in the economic recovery of their sector (e.g. tourism).
  6. Tourism Growth — projects that support communities, small- and medium-sized businesses, and non-profit organizations in developing local, community-level tourism offerings and events.

Deadline

All EOIs must be submitted before November 20, 2023. 

About CanNor

CanNor works with Northerners and Indigenous peoples, communities, businesses, organizations, other federal departments and other orders of government to help build diversified and dynamic economies that foster long-term sustainability and economic prosperity across the territories – Nunavut, Northwest Territories, and Yukon.

Expanding in Ontario? Get ready for a next intake

Today, we’d like to inform you about the that Southwestern Ontario Development Fund (SWODF) and Eastern Ontario Development Fund (EODF)‘s current intake is over. The next intake starts on January 12, 2023 and will continue until February 23, 2023.

So, if you are planning on growing your business in Ontario, it’s high time to start working on your application to be ready to apply when the next intake starts.

About SWODF and EODF

The funds support projects and investments to businesses, municipalities and not-for-profit organizations for economic development in southwestern and eastern Ontario. The programs supports projects that create jobs, encourage innovation, collaboration and cluster development, and attract private sector investment.

Eligibility Criteria

  • Be located in Southwestern or Eastern Ontario.
  • Employ at least 10 people (or 5 if you are in rural Ontario)
  • Commit to creating at least 5 new jobs (or 30% increase for companies with fewer than 15 employees)
  • Be able to provide 3 years of operations/financial statements

Amount

Any for-profit business that intends to expand in Southern and Eastern Ontario outside Greater Toronto and Ottawa is eligible to receive 15% of the expansion budget from the government. The contribution may be in the form of a grant or an interest-free loan.

Deadline

Next intake will close on February 23, 2023.

Training your personnel? Apply for eligible grants

We’d like to remind you about the grants that provide costs for personnel skill training:

  • AIME Green Program (by the Yves Landry Foundation). Eligible training for AIME Green must be completed by December 31, 2023.
  • Canada-Ontario Job Grant. COJG eligible training must be finished by March 31, 2024.

About AIME Green Program

The program is offering manufacturers in south, central and eastern Ontario up to $100K with 50% shared costs (first-time applicants) to offset the costs of training expenses related to upskilling and retraining their workforce to adopt and adapt green manufacturing principles at the shop floor level. Its eligibility criteria are:

  • Must have between 10-1000 employees in Ontario;
  • Must be continuously in business for at least three years (3 years) and demonstrate financial stability;
  • Must operate a manufacturing facility or facilities in Ontario;
  • Manufacture a specific product for sale in Ontario or elsewhere; and,
  • Demonstrate adoption/adaption of greening technologies in products or manufacturing processes

Deadline: Eligible training must be completed by December 31, 2023.

About Canada-Ontario Job Grant

Canada-Ontario Job Grant provides the training cost up to a maximum of 83% of the training costs. The program’s eligibility costs include:

  • Training (tuition) fees for the skills training that:
    • Is more than 25 hours in length (not applicable for Ontario)
    • Is delivered by an outside training service provider or institution
    • Does not replace or replicate prior training
    • Completed within 52 weeks of the approval date
    • Results in some sort of credential (record of completion, certificate, grade, etc.)
  • Books & training supplies/materials
  • Examination fees
  • Other mandatory training fees, if applicable
  • It is up to employer to select the training institution or educational service provider as long as the one provides a certificate or a record of the completion of the training.

Deadline: Eligible training must be completed by March 31, 2024.

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

CHECK ELIGIBILITY

Small Food Processor Scale-Up Program

Amount: up to $150K in cost-shared funding of up to 75% of eligible costs.     

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Important Updates: Business Scale Up & Productivity Program

We’d like to inform you about some recent changes to the Business Scale Up & Productivity Program. Last Thursday, FedDev announced key updates to the Program, effective immediately:

  • FedDev has moved from continuous intakes to three intakes a year. The deadline for the current intake is November 7, 2023.
  • The Aerospace Regional Recovery Initiative is now officially closed.
  • The Program provides 50% of eligible project costs, up from 35%.

About the Program:

The FedDev Ontario Business Scale-up and Productivity (BSP) program provides governmental support for businesses in southern Ontario to drive their scale-up and productivity.

It offers no-interest, repayable contributions.

Eligibility Criteria

  • Must be located in southern Ontario.
  • Canadian or provincially incorporated businesses.
  • Indigenous organizations such as Indigenous-owned businesses.
  • Co-operatives.
  • Minimum of five (5) full-time employees.
  • Market/industry demand (e.g., how the project addresses a significant gap in the market; global opportunity to be seized within Canada; and evidence that southern Ontario is uniquely positioned to capture market share).
  • Financial capacity to complete the project and repay the contribution in full.
  • A viable project plan with achievable outcomes supported by verifiable cost estimates.

Deadline

FedDev moves from continuous intakes to opening several intakes a year. The deadline for the current intake is November 7, 2023 8:59 PM Eastern Time.

Read more about BSP Program eligible activities, costs and application process here.

Business Funding Highlights: Apply for available grants

As a new fall season is here, we’ve decided to remind you about some of the government grants available for your business. So, here are the highlights of some funding programs:

Equipment Purchasing and Expansion

Skills Training

Software and Hardware Adoption

Research & Development

Funding for Agriculture, Food and Beverage Businesses

Please note that the CanExport program is still on hold form most businesses until further notice. They opened a very short intake for participants of the government-led trade missions.

We hope you’ll find a relevant funding opportunity among these highlights but you can always explore more grants available here.

Growing business in Ontario? Time to apply

We’d like to inform you that Southwestern Ontario Development Fund (SWODF) and Eastern Ontario Development Fund (EODF)‘s current intake is open from August 17, 2023, to October 5, 2023.

Funds support projects and investments to businesses, municipalities and not-for-profit organizations for economic development in southwestern and eastern Ontario. The programs supports projects that create jobs, encourage innovation, collaboration and cluster development, and attract private sector investment.

Eligibility Criteria

  • Be located in Southwestern or Eastern Ontario.
  • For Business Projects:
    • Employ at least 10 people (or 5 if you are in rural Ontario)
    • Commit to creating at least 5 new jobs (or 30% increase for companies with fewer than 15 employees)
    • Be able to provide 3 years of operations/financial statements
    • Be located in, or plan to locate in, a community in eastern Ontario
  • For Community Economic Development Projects:
    • Be led by municipalities, economic development organizations (including sector groups) or consortia
    • Focus on economic and business development and job creation in the community or region by investing in infrastructure or implementing strategies to advance regional economic development priorities
    • Lead to measurable outcomes including private sector investment, growth and job creation
    • Have private sector support
    • Be used for activities that are new to the organization

Amount

Any for-profit business that intends to expand in Southern Ontario outside Greater Toronto and Ottawa is eligible to receive 15% of the expansion budget from the government. The contribution may be in the form of a grant or an interest-free loan.

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

CHECK ELIGIBILITY

Update: AMIC Grant for manufacturers extended deadline

We’d like to inform you that Advanced Manufacturing and Innovation Competitiveness program has extended its deadline to September 14, 2023.

About AMIC grant for expanding manufacturers:

The program aims to provide financial support to Ontario-based advanced manufacturing companies with a focus on small and medium-sized enterprises. It will facilitate investments in capital equipment, technology adoption and skills development.

Eligibility Criteria:

  • Have at least three years of operations/financial statements.
  • Employ at least 10 people.
  • Commit to creating at least five new jobs and/or upskilled current jobs.
  • Be located in, or plan to locate in, a community in Ontario.

Amount

Types of support available:

1) Loans

Up to 15% of funding, interest-free during the project period (up to four years). If you achieve your investment and job or upskilling targets, up to 30% of the loan may be forgiven.

2) Grants

Grants are available only for specific circumstances, up to 15% to a maximum of $500K.

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

CHECK ELIGIBILITY

Funding for Meat Processing Equipment will soon be available

We’d like to inform you that the Meat Processors Capacity Improvement Initiative will accept applications starting August 31, 2023. The program provides funding towards upgrades of meat processing equipment to improve the productivity of the operations.

Eligibility Criteria

Full program eligibility criteria will be provided when the application intake launches on August 31, 2023. Applications that meet eligibility criteria will be reviewed on a first-come, first-serve basis to receive cost-share funding.

Amount

Each successful applicant is eligible to receive up to $150K in cost-share funding to help implement measures that will result in increased meat processing capacity within their meat plants or abattoirs.

Deadline

Applications open on August 31, 2023, and will remain open until January 31, 2024 or until the initiative is fully subscribed, whichever comes first. Eligible project costs can be incurred as of July 26, 2023 and eligible projects must be completed with equipment delivered by March 1, 2024. Recipients will have until June 28, 2024 to have equipment installed.

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

CHECK ELIGIBILITY

Business Scale-up and Productivity Program is open in British Columbia

We’d like to remind you that Business Scale-up and Productivity (BSP) program is open for applications.

  • In British Columbia. The program will be accepting applications from July 14 until September 22, 2023.
  • In Ontario, Quebec, Prairies and Atlantic Canada this program accepts applications year-round.

BSP program provides no-interest, repayable funding to high-growth firms to:

  • scale up and expand;
  • demonstrate and commercialize new technologies;
  • improve productivity; and,
  • enter or grow in international markets.

Amount

Up to 50% of eligible project costs may be requested from the government. The rest of the total project funding is required from confirmed non-government sources. All non-government sources must be confirmed at the time of application and after project approval.

Eligible Costs

Incremental costs that are essential to the project. For example:

  • capital costs (equipment, machinery)
  • labour (wages, benefits)
  • marketing
  • costs related to intellectual property
  • technology development and commercial demonstrations
  • professional, advisory, technical services

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

CHECK ELIGIBILITY

Eligible Costs for DCC Grant Updated

We’d like to inform you that eligible costs for the Digitalization Competence Centre (DCC) grant have been updated. Following the recent update, projects focused on helping clients select a suitable system for their business are now eligible DMAP projects.

Consultant-led activities, eligible for the DCC grant, now can include for instance, developing functional requirements, identifying vendors, and where applicable, helping clients prepare an RFP and evaluate vendor bids.

Note about DMAP stream of DCC program:

The Digital Modernization and Adoption Plan (DMAP) program supports Ontario SMEs to better understand their organization’s technology needs, guide their digital transformation decision-making, and optimize their technology investments. Through this program, SMEs work with a Digital Adoption Consultant to generate a Digital Modernization and Adoption Plan tailored specifically to their organization’s digital needs.

Amount

50% (maximum) of total eligible project costs, up to $15K. Once the project is completed you will be eligible to apply for funding up to $150K to implement the selected system.

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

CHECK ELIGIBILITY

Update: CanExport Grant Temporarily Paused

We’d like to inform you that CanExport SME Grant Program has been put on pause as of June 19, 2023. We’ll be covering all the updates on the program and its reopening to keep you timely informed and prepared.

About CanExport Grant:
CanExport Grant Funding Program provides government funding to small to medium-sized Canadian businesses for exporting their business marketing (digital including) and reimburses 50% of selected export marketing cost to a maximum of $50K.

CanExport Grant covers such export marketing costs as trade show and trade mission cost, digital and online advertising to the foreign customers, translation cost, cost of shipping samples, export market research and business planning and more. The main goal of the Program is to support those who export business in Canada.

When to plan your next international marketing activities?

While CanExport Grant Funding Program has been regularly put on hold, it’s expected to reopen in the fall or early winter. So, you should still plan your international market expansion activities, but for later this year.

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

CHECK ELIGIBILITY

The Health, Safety and Mental Health Designated Program

Deadline: the Program will end on March 31, 2028.

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The Protection and Risk Resilience: Plant Health Designated Program

Deadline: the designated Program will end on March 31, 2028.

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The Protection and Risk Resilience: Plant Health Designated Program

Deadline: the designated Program will end on March 31, 2028.

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The Protection and Risk Resilience: One Health, Food Safety and Animal Health Designated Program

Deadline: the designated Program will end on March 31, 2028.

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The Indigenous Agriculture and Food Development and Growth Designated Program

Deadline: the designated Program will end on March 31, 2028.

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The Business Assessment Designated Program

Deadline: the Program will end on March 31, 2028.

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The Productivity Designated Program

Deadline: the Program will end on March 31, 2028.

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The Labour: Attracting and Growing the Agri-Food Workforce Designated Program

Deadline: the designated Program will end on March 31, 2028.

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The Facilitating Interprovincial Trade of Regulated Product Designated Program

Deadline: the Program will end on March 31, 2028.

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The Markets Designated Program

Deadline: the designated Program will end on March 31, 2028.

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The Interprovincial Research Collaboration Designated Program

Deadline: the Program will end on March 31, 2028.

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