7 Must-Do Tips to Grow Your Business

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No one is born to be an entrepreneur. You may have planned on running a business, but probably have no experience in successfully growing one. Here are a few things that will helped keep the headaches to a minimum and keep future growth steady:

1. Know what your specialty is and stick to it.

Don’t try to be all things to all people. Those that do end up not being good at any one thing. It follow that offering too many services, products or varied markets can be a mistake. You need to focus on your true strength and stay away from what you may not be good at. Far reaching demands can create pressures for your team, your finances, and your whole company.

2. Stay focused on your end goal.

You should always approach growth strategically. Start with a multi-year business plan, measure results, and make changes when necessary. If you don’t set goals you won’t be able to measure progress. Having clear goals for the organization allows everyone in the team to measure results and be inspired.

3. People work for other people they care about.

Businesses need talented people to be successful. In many ways your business is team building and marketing that team within and outside the organization. You should always be trying to improve your team and make your organization more attractive to team members. True loyalty is a two way street that requires investment on both ends of the relationship. A Long serving and experienced staff will pay dividends to your company for many years to come.

4. Running a business is a skill just like any other.

Just because you are a good plumber, doesn’t mean you’ll be good at running a plumbing business. This is true for any profession. Growing a business requires a mind for business, and strong skills in a particular area of practice. Many aspects of business are critical to business success. These include: business processes, people management, billing and operations. Many smart and talented people get into business only to fail. You must look at any business through the lens of overall success, and not remain focused on only being good at your profession.

5. Your positive attitude will inspire others.

When you love what you do it shows through to everyone around you. The importance of Excitement and enthusiasm cannot be overstated. Your team will work harder, become more focused, and be more successful with positive minded leadership. This translates to a better end result. An unhappy person that leads through negative motivation, on the other hand, will create a challenging work environment.

6. Focus on always getting better.

The world we live in is changing every day. It is important to innovate if you want to remain relevant in any industry. You must always be looking at how you do things any why. Don’t become stuck in your ways. Look for ways to improve your end product, improve your skills, and become more efficient at what you do. Innovation and creative thinking are what ultimately keep you ahead of the competition and drive profitability.

7. Don’t expect customers to beat a path to your door.

When times are tough, many businesses look at marketing as an expense and try to cut back. There are many good ideas throughout history that lacked marketing support and failed. Many companies tried to rely exclusively on the strength of their product. Consumers can be fickle. They generally buy products that they have tried or have been referred to them by people they trust. You need to make sure your product is ready for retail and that strong consideration has been given to product marketing.

There is no sure-fire guarantee for business success. It takes a combination of strategic and creative thinking to give a business a chance to succeed. Contact The Canadian Grants Business Center for assistance with government financing to help grow your business at: 1-888-231-0075.

New Funding for 2 Cape Breton Microbreweries

Two Cape Breton microbreweries have landed $436,000 in federal money.

Mark Eyking, MP for Sydney-Victoria, announced that the federal government, will be investing in support of construction, development and expansion projects.

Big Spruce Brewing is receiving a repayable investment of $350,000 to support the construction of an additional 1,500 square metres of building space at their facilities located in Nyanza, Cape Breton.
This project will also assist with the purchase of new incremental processing equipment and the installation of an innovative product containment system. The brewery focuses on organic ales with ingredients sourced locally.

Breton Brewing Co. is receiving a repayable investment of $86,000 to support the installation of two new fermenting tanks and a canning line for packaging at their microbrewery in Sydney. This equipment will assist Breton Brewing in keeping up with consumer demand and allow finished products to be sold more easily to second-party vendors. Breton Brewing previously received federal funding, for the establishment of its microbrewery.

The craft beer industry in the province saw sales grow by 25.1 per cent this past year, spurred by 23 local microbreweries.

The Canadian Grant Business Center is the leading R&D Company for business funding in Canada. To see what funding is available to your new business, please contact us.

Toll-Free 1-888-231-0075

Canadian Small Business Grants Help Small Businesses

According to Statistics Canada, roughly half of employed citizens in Canada work for small to medium sized businesses. When new companies are launched each year, it is no doubt a great importance for Canadian job prospects. These new companies are key to driving economic development and demand special attention from government organizations to continue to add jobs, develop local communities and grow not only the local economy, but the national economy as well.

In open economies, the local, provincial and national governments for a country are key to playing a pivotal role in removing any obstacles to starting and operating a brand new business. According to international data, Canada is the second easiest country to start a business out of 189 countries surveyed. On the other end of the spectrum, Canada is ranked 14th in business competitiveness, among 144 countries reviewed by the World Economic Forum.

Like many first world nations, Canada, offers small and medium sized business a large selection of government funded grants and loans in order to aide them maintain growth and prepare for further funding if needed. This approach is not universally accepted, and has been scrutinized on many occasions.

Why should small and medium size business be cautious when trying to obtain government funding?

Research has shown that the world over, government struggle with the severity of restrictions they place on startups trying to obtain R&D funding. Usually these restrictions are put in place to block overseas income of government-funded research and development activities. Governments are trying to keep projects funded within the country, but by doing so, may scare off foreign investment. Small and medium sized businesses who receive government funding have a lower likelihood in obtaining foreign investment.

Why should small and medium sized business obtain government funding?

Local and national Canadian governments plan to renew Canada’s reputation as an innovation hub. In order to accomplish this, they will have to match what other countries are doing with balancing local and foreign investment and increasing current local and national funding programs.

Canada contains an environment with resources available to create the perfect storm for companies to setup shop, complete with large opportunism to secure government grants and loans at all levels of government.

Hundreds of start ups have grown out of incubators to become industry leaders. Innovation has grown from unusual Canadian regions like Northumberland Ontario to the usual places like Waterloo. In addition, not-for-profit organizations are lauching all over Canada to increase entrepreneurship in young people. Students all over Canada are enjoying working for start ups today, and you can search at the cores of these business and find a government grant that funded its growth.
The Canadian Grant Business Center is the leading R&D Company for business funding in Canada. To see what funding is available to your new business, please contact us.

Toll-Free 1-888-231-0075

Federal Funding for New Brunswick Farm

Government of Canada invests in Gervais Farms LTD

Saint-André, New Brunswick September 20, 2013

The Governments of Canada and New Brunswick today announced investments in Gervais Farms LTD for improvements to their seed potato processing and shipping operation in Saint-André.

Mike Allen, MP for Tobique-Mactaquac, and Minister Danny Soucy joined Les Fermes Gervais Ltée officials to announce investments in equipment upgrades at the facility.

“Our Government recognizes that small and medium-sized businesses are the lifeblood of our national economy.  Their vitality and success are the foundation of Canada’s long-term prosperity,” said MP Allen on behalf of the Honourable Rob Moore, Minister of State (Atlantic Canada Opportunities Agency). “That is why projects like the one undertaken by Les Fermes Gervais Ltée are also, in fact, an investment in the prosperity of our communities, our citizens and their families.”

“Our investment will enable Les Fermes Gervais to continue growing and creating jobs in the region,” said Soucy, on behalf of the Honourable Paul Robichaud, minister of Economic Development. “Creating new opportunities and economic growth in northern New Brunswick is central to our plan to rebuild New Brunswick.”

The project involves the purchase of new equipment to increase the productivity and efficiency of the company’s seed potato processing and shipping operation.  It includes the purchase of a potato sizer, conveyors, a rock eliminator, a roller table, a divider table, an electric forklift and a holding tank.

The Government of Canada is providing a repayable contribution of $132,000, and the Province of New Brunswick is investing $110,000 into the project.

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Government Funding / Government Grant / Government Secured Loans for Atlantic Companies

Canadian Government Invests in Atlantic Province Companies

Aug 9th, 2013 Cheticamp, NB

The Cheticamp Marine Centre has received $1 million in project funding to offer inspection and repair services to marine traffic across Atlantic Canada and Iles-de-la-Madeleine. The federal loan will also provide haul-out and storage of large commercial and recreational vessels — the only boat lift of its kind on the western coast of Cape Breton.

According to Angus LeFort, president of the Conseil economique de Cheticamp: “It’s a very important project for this area. It’s going to create jobs for this area hopefully. Any type of investment of that sort is very welcome in this community.”

The project is to build and upgrade two 60-metre piers to accommodate the huge marine travel lift and an large building where Cheticamp Boatbuilders Ltd. will conduct repair work on vessels.

Federal Transport Minister Lisa Raitt, made several funding announcements on behalf of Rob Moore, the minister responsible for the Atlantic Canada Opportunities Agency.

The Cheticamp River Atlantic Salmon Association, which is a community-based stewardship group mandated to enhance the salmon fishing experience in the Cheticamp area, also received almost $95,000 to develop a detailed habitat management and restoration plan for wild Atlantic salmon in the Cheticamp River watershed. The funds will also be used to implement two priority restoration projects for the association.

ACOA also gave $18,750 to L’Association des radios communautaires en Atlantique, which represents francophone community radio stations in Nova Scotia, Prince Edward Island, and Newfoundland and Labrador. The funds will be used to develop websites and social media platforms for its various members as well as for the association itself so the group can better promote member programs and services.

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Financial Assistance For Alliantis Metal Inc.

Government of Canada Provides Funding for Quebec Metal Production Company.

July 19th, 2013 Acton Vale, QC

Financial assistance of a 317,500, has been awarded through Canada Economic Development’s Quebec Economic Development Program to Alliantis Metal Inc..

The Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, has announced that Alliantis Métal Inc. has been granted this financial assistance in order to acquire modern laser cutting equipment. The investment will improve the productivity of their plant.

“By supporting Alliantis Metal in the acquisition of state-of-the-art technology, the Government of Canada is showing proof once again of its commitment to invest in projects that can help grow the economy,” said Minister Lebel.

Alliantis Metal Inc. is a specialized manufacturer of often complex metal parts and components. The company, which was founded in 2007, also offers value-added services including: welding and assembly of product components and specialized robot assembly. The firm’s  clients consist mainly of manufacturers in the industrial, recreational, medical, transport and energy sectors.

The government funding from the Canadian Government will help strengthen the company which will in turn be able to sustain high value jobs.

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Government of Canada and New Brunswick invests in East Coast Manufacturer

Government of Canada and New Brunswick invests in Apex Industries Inc.

May 31, 2013 Moncton, NB

The Honourable Gail Shea, Minister of National Revenue and Minister of the Atlantic Canada Opportunities Agency, and the Honourable David Alward, Premier of New Brunswick, announced that the firm Apex Industries Inc. will be receiving combined financial assistance.

Apex Industries will use the financial assistance in order to improve their company’s competitiveness and to also create greater opportunities for the aerospace and defence sector in New Brunswick.

“This support to Apex Industries will maintain and create jobs in New Brunswick’s aerospace and defence sector,” said David Alward. “Diverse and dynamic, the aerospace and defence industry is a major driver of the region’s economy. That is why our Government is pleased to help Apex Industries acquire new equipment to create greater opportunities in the aerospace sector and gain expertise to enhance company competitiveness,” said Minster Shea. Apex Industries Inc. operates within various business sectors including aerospace and defence, oil and gas, mining marine and construction.

The company serves and or supplies customers within six of the seven continents of the world. “Our Government’s top priority is jobs, growth and long-term prosperity,” said Minister Shea. The Honourable Gail Shea & the Honourable David Alward will invest in the form of a $1,512,500 repayable contribution to the incorporation Apex Industries.

“Our government remains focused on four priorities, as outlined by the Prime Minster that Canadians care most about: their families, the safety of our streets and communities, their pride in being a citizen of this country, and of course, their personal financial security,” concluded Minister Shea.

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Government of Canada Funding For Ottawa-Area Business Start-Ups

Government of Canada invests in six Start-Up Development Companies

Ottawa, Ontario March 22, 2013

The Honourable Gordon O’Connor, Member of Parliament for Carleton – Mississippi Mills, announced that six start-up technology development companies will be granted financial assistance.

BLINQ WIRELESS INC. will be granted financial assistance from the Government of Canada up to $984,667.

ESIGHT CORP. is receiving financial assistance up to $950,000.

IMPAKT PROTECTIVE INC. will be receiving financial assistance in the form of a $500,000 contribution.

MAGOR COMMUNICATIONS CORP. will be receiving financial assistance in the form of a $500,000 contribution.

FUSEBILL INC. is receiving financial assistance up to $450,000.

THINKRF CORPORATION will be receiving financial assistance in the form of a $287,500 contribution.

“Our Government continues to support the drivers of growth and job creation – innovation, investment, education, skills and communities,” said Minister O’Connor. The Government of Canada will be investing in all six companies an amount of over to $3.5 million.

The companies are expected to create 123 high-value, full-time jobs in the Ottawa area with an additional 202 jobs by 2017.

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Government Backed Loan For Quadrogen Power Systems

BC Bioenergy Network Invests in Quadrogen Power Systems

Vancouver, British Columbia March 13, 2013

The BC Bioenergy Network (BCBN) announced that the firm Quadrogen Power Systems Inc. will be receiving financial assistance.

BC Bioenergy is an association that acts as a catalyst for deploying bioenergy technologies and organizing research for the development and demonstration of new bioenergy technologies. The firm is located in British Columbia.

Quadrogen Power Systems, Inc. builds and installs high performance biogas clean-up solutions capable of purifying renewable fuels from any source. The firm will be granted a $1.5 million government-backed loan. The firm will use the loan to expand their system which will process higher gas quantities.

“BC Bioenergy Network helped us move faster on the bio-methane application of our technology and quantify the potential of its commercial scale applications,” states Alakh Prasad, President, Quadrogen Power Systems Inc.

“We have assembled a large high quality team of partners that include clean technology funders, developers, and an agricultural customer who share the goal of producing clean sustainable energy from organic waste materials.”

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Federal Government Invests in Calgary Chemical Firm.

Federal Government Announces Government Loan For Western Hydrogen Limited

Calgary, Alberta March 11th, 2013

The Federal Government announced that Western Hydrogen will be granted financial assistance. “Our Government is doing its part to encourage innovation and the next wave of clean technologies to help protect our environment and create high-quality jobs,” said the Honourable Joe Oliver, Canada’s Minister of Natural Resources. “Investment in projects such as these demonstrates our leadership in driving a vibrant clean technology industry in Canada.”

The firm Western Hydrogen Limited is a Canadian owned company, based in Calgary, Alberta. The firm is “dedicated to the development and commercialization of a new hydrogen manufacturing technology called Molten Salt Catalyzed Gasification.”

“Producing hydrogen is one of the most expensive and carbon intensive parts of the oil sands business. If we can produce it more cheaply and cleanly – we’ll have a real winner,” said Neil Camarta, president and chief executive officer of Western Hydrogen. The firm will be granted financial assistance in the form of a $1.45 million in federal funding.

Canadian Grants Business Center provides small and medium businesses with information on government grants, loans, subsidies and financial assistance.

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