Happy Canada Day! It’s a day when I realize how grateful I am for the chance to now live in this great country and all the opportunities it offers. This year, the holiday is overshadowed, and I stand with those who chose not to celebrate. At the very least, I hope everyone will enjoy the outdoors and meet friends and family.
Here is a gift for you. Last night the Senate (on its last business day before summer break) finally passed the Federal budget bill. It means that the new government funding programs proposed back in April will soon be open for applications. We expect them in August or September, 2021.
Among the new programs are the government grant for the aerospace sector, national funding to help adopt hardware and software, continuation of the emergency subsidies and more.
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.
This month is full of expected and unexpected announcements about the coming completion of several intakes for government funding.
First of all, the CanExport program closes its doors on June 11th. The program experienced tremendous demand for funding after the list of eligible expenses started to include e-commerce tools, website development, and digital advertising, focusing on international markets. The program provided 75% of the project expenses.
Secondly, Agri-Tech Innovation Program in Ontario closes on June 21st. The program provides funding for Ontario agri-food companies that improve productivity and increase social distancing at their facilities.
Lastly, Regional Relief and Recovery Fund (RRRF), a government loan for the businesses heavily impacted by the pandemic, is set to close on June 30th for good.
We thank all our clients in advance for their interest in those programs but will only be able to take a limited number of applications due to the above deadlines.
Feeling it is too late for your business? Need help with government funding programs and don’t know where to start or how to prepare an application?