Government Funding / Government Secured Business Loans for Flying Colours Corporation

Government of Canada Investment for Ontario Aviation Firm

Peterborough, Ontario January 23, 2013.

Dean Del Mastro, Member of Parliament for Peterborough, on behalf of the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency of Southern Ontario (FedDev Ontario) , announced an investment in Flying Colours Corporation.

“Our Government is committed to giving businesses and communities in Southern Ontario the tools they need to innovate and grow,” said Member of Parliament, Dean Del Mastro. “That’s why we continue to support companies like Flying Colours that are able to create jobs and compete and win in international markets.”

Flying Colours Corporation was established in 1989. The corporation is a global leader in all aspects of aircraft completions & maintenance. “Initially opened to accommodate a growing aircraft sales and leasing division in Peterborough, Ontario, Canada, Flying Colours has grown into a leading aviation company”.

The Government of Canada has invested a $900,000 repayable contribution for the corporation to expand its facilities and acquire new technologies to service a growing number of business opportunities arising from the expansions of the Peterborough airport. This business expansion allowed Flying Colours Corporation to pursue Authorized Service Facility (ASF) status with Bombardier Aerospace.

“We are very honored and proud to have both facilities joining the Bombardier Authorized Service Facility network. Bombardier’s confidence in the quality of work that Flying Colours Corp. Provides further demonstrates our continued commitment to develop quality and reliability in all our maintenance endeavours,” stated John Gillespie, President and CEO of Flying Colours Corporation.

TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

Government Funding / Government Secured Business Loans for well.ca

Government of Canada invests in VC-Backed E-Commerce Firm

Guelph, Ontario January 21, 2013.

Michael Chong, on behalf of the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) announced its investment in the firm well.ca Inc.

“Our Government is committed to helping Southern Ontario companies expand and become industry leadership the global marketplace through innovation” said Michael Chong, “This investment will help create local jobs and support innovative technology that in turn will allow Canadian retailers to better complete for online consumers.”

well.ca Inc. is Canada’s largest online health, beauty and baby products store. Their goal is to offer the best e-commerce experience possible.

The Government of Canada has invested a $975,000 repayable contribution in the firm.

“Our goal at Well.ca is to harness creativity and innovation to make the lives of Canadians easy and affordable,” said Ali Asaria, Founder and Chief Executive Officer of Well.ca. “FedDev Ontario’s investment will fuel that innovation, allowing us to deliver the future of shopping from coast to coast, and solidifying Canada as a global leader in e-commerce.

TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

Government Funding / Government Secured Business Loans for Kinnikinnick Foods Inc.

Canadian Federal Government invests in Gluten-Free Bakery

Edmonton, Alberta January 21, 2013.

The Honourable Laurie Hawn, Member of Parliament for Edmonton-Centre, on behalf of Agriculture Minister Gerry Ritz, announced an investment in the firm Kinnikinnick Foods Inc. The investment of a $1 million repayable contribution is to help Kinnikinnick purchase and install new equipment that is required to manufacture a new line of gluten-free bakery products.

The new equipment will allow Kinnikinnick to differ their products by offering breads and buns that cook and taste more like traditional products. They will also have twice the shelf-life of existing gluten-free products. “This project will give farmers a new market for their eggs and flax and other key baking ingredients and help Kinnikinnick promote their innovative new products to consumers with special dietary needs at home and abroad” said the honourable Laurie Hawn.

“For any new product introductions you always try to hit a “home run” and we are confident that these new products will accomplish this by setting the highest possible standards for taste, texture, and nutrition at the lowest possible price in the industry in North America. Our commitment to our customers is to have the best and safest gluten free product in the market. At the same time we want to provide a range and selection of bakery items that anyone would enjoy.” says Kinnikinnick President Jerry Bigam.

TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

Government Funding / Government Secured Business Loans for Provincial Bandag Tires Ltd.

Government of Canada and New Brunswick invests in Local Tire Company.

January 17, 2013 Edmundson, NB.

The honourable Bernard Valcourt, Associate Minister of National Defence and Minister of State (Atlantic Canada Opportunities Agency) (La Francophone), and the Honourable Madeleine Dube, Minister of Social Development, announced its investment in the firm Provincial Bandag Tires Ltd.

“Our investment in Provincial Bandag Tires Ltd. is a positive stop in the economy. This project is about helping a company that is determined to grow its business and build its future in Northern New Brunswick. By supporting projects like these, we are investing in the future of Madawaska, making it a better place to live, work and raise a family” said Minister Valcourt.

The Federal government provided a $136,010 repayable contribution to the firm. The Province of New Brunswick is investing $71,000. The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) is providing up to $99,000. Provincial Bandag Tires Ltd. is also investing $98,136 towards the project. The combined federal and provincial investment will help the company acquire and implement new computer software, which will increase efficiency and modernize the plant.

Provincial Bandag Tires Ltd is a family business established in 1972. The company specialises in retreading heavy transport tires, as well as installation and repair services for all types of tires. “Today’s investment will permit a local company to seek greater opportunities by modernizing its facility,” said Dubé, on behalf of Economic Development Minister Paul Robichaud.

TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

Government Funding / Government Secured Business Loans for Gunther Huettlin Manufacturing Inc.

Government of Canada Invests in Manufacturing Business in Ontario

January 11th, 2013 Belleville, Ontario.

The member of Parliament for Prince Edward-Hastings, Daryl Kramp, on behalf of the honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced the investment of a $500,000 repayable contribution provided through the Prosperity Initiative to Gunther Huettlin Manufacturing Inc.

“Through this investment, GH Manufacturing will be better positioned to service its customers, improve operating efficiency, and acquire new business. This will help to diversify the economy in Belleville, and create innovation, new opportunities for the expanding manufacturing industry within the region.”

Gunther Huettlin Manufacturing Inc. (GH) is a packaging company which offers a system of services to work on projects around the world. GH Manufacturing Inc. has developed a system which allows them to partner with companies all over the world “- working transparently on projects from conception to execution – providing their customers with freedom to focus on creativity and sales growth objectives”.

With the help of the Government of Canada, GH Manufacturing capacity will be greatly improved. With the installment of three high speed production lines, it will create jobs for residents in the Belleville area. The investment will also help the company to compete for new North American business. “We are pleased to have the support of the Government of Canada on this project,” said Gunther Huettlin, President and CEO, GH Manufacturing. “This support allows us to create employment benefiting both our employees and the community.”

TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

Government Funding / Government Secured Business Loans for Pond Biofuels Inc.

Canadian Government Provides Investment in Pond Biofuels Inc.

November 15th, 2012 St. Mary’s, Ontario.

The Government of Canada has invested in the firm Pond Biofuels to help grow its operations. With the investment in the firm, the Government of Canada is focusing on increasing the country’s productivity, creating jobs and growing the economy. The contribution of a Government Secured Loan of $908,280 through FedDev Ontario’s Investing Business Innovation initiative will help Pond Biofuels “accelerate the commercialization of its technology used to capture carbon dioxide from raw stack emissions and produce algae that can subsequently be converted into biofuels.”

“Pond Biofuels is ecstatic to partner with FedDev Ontario to leverage public and private contributions from our angel investors,” said Steven Martin, CEO and Chief Scientist of Pond Biofuels. “The investing in Business Innovation initiative will allow us to accelerate the commercialization of our technology towards an industrial scale CO2-to-algae facility.”

TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS

Government Funding / Government Business Loans for R.D.M. Group

Government of Canada Provides Business Loan to R.D.M. Group

November 1st, 2012 Beresford, New Brunswick.

R.D.M. is a group of three companies focused on industrial manufacturing. The group includes All-Tech Hydraulic & Mechanical Inc., Precision Machine Works Inc., and Protech Mechanical Inc. These three companies collaborate together to provide heavy manufacturing services to the Oil and Gas, forestry and Mining sector across the East Coast. The R.D.M. Group of Companies is always searching for innovative and more efficient methods of providing services to clients.

The Government of Canada has provided a Government Business Loan of $84,600 in the form of an unconditionally repayable contribution to support the expansion of a building and to buy equipment through the Business Development Program. TAGS:

TAGS: GOVERNMENT GRANTS, BUSINESS GRANTS, CANADIAN BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT FUNDING, BUSINESS NEWS

Government Funding / Government Grants for Cyborg Trading Systems

Government of Canada Supports Cyborg Trading Systems

October 12th, 2012 London, Ontario.

Cyborg Trading Systems develops automated trading technology for global financial firms. Their diverse client base includes hedge funds, brokers, banks and professional traders. The technology uses computerized algorithms to automate the process of trading and managing the risk of financial instruments.

Susan Truppe, Member of Parliament for London North Centre and Parliamentary Secretary for status of women, on behalf of the Honorable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a Government of Canada investment that will help Cyborg trading Systems grow and increase the global market presence of its trading technology. Through FedDev Ontario’s Prosperity Initiative, Cyborg trading Systems will receive up to $381,500 in funding in order to increase its resources both human and technological.

The purpose of the contribution is to help the company capitalize on existing market gaps, expand its operations and bring its products to market globally. “The FedDev Ontario investment will allow us to rapidly scale our global growth strategy by allowing us to accelerate our plans to hire top Canadian talent, we have a unique opportunity to be a world leader in the financial technology industry and this investment will take us one step closer to this goal” said James McInnes, founder and CEO of Cyborg Trading Systems.

TAGS: GOVERNMENT GRANTS, BUSINESS GRANTS, CANADIAN BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT FUNDING, BUSINESS NEWS

Government Funding / Government Grants for Sand Plains Aquaculture

 

HARPER GOVERNMENT INVESTS IN AQUACULTURE IN SOUTHERN ONTARIO

October 15th, 2012 London, Ontario.

The Government of Canada is providing $1.4 million in repayable and non-repayable government funding through the Sand Plains Community Development Fund. Aquaculture Innovation and Market Access program of the Agriculture and Agri-Food Canada, Fisheries and Oceans Canada department

With this investment, Sand Plains Aquaculture will produce Canadian farmed Tilapia for consumption in the Toronto market. The project will enable the company to raise over half a million pounds of Tilapia annually and will create a minimum of 10 full-time jobs. Another 20 will be created when the company is in a full operation.

“Sand Plains Aquaculture is excited to be the first land-based recirculating Tilapia farm in Ontario,” says co-owner Ewart Mclaughlin. “We are very please with the contributions from all of our partners. We have a great team that has worked hard to bring this project to fruition.”

Sand Plains Community Development Fund is a program created to assist rural communities in the Sand Plains region, near London, Ontario to build a stronger, more diversified economy. Sand Plains CDF targets community-based initiatives that support regional development, attract and retain people and investment, and stimulate business development and job creation.

By investing in projects like this, the Government is helping build a brighter future for rural communities in southern Ontario. This project will boost the economy by creating local jobs and enhancing the domestic fish farming industry.

TAGS: GOVERNMENT GRANTS, GOVERNMENT LOANS, GOVERNMENT FUNDING, BUSINESS NEWS

Government Funding for BHJ Canada Meat Products Inc.

 

GOVERNMENT OF CANADA INVESTS IN BHJ CANADA MEAT PRODUCTS INC.

September 20th, 2012 Calgary, Alberta.

The Canadian Government is helping an Alberta meat processing company to expand their operations and increase sales by providing funding towards the purchase and installation of new equipment and technology at their facility in Calgary. Government Loans and Government grants can help create lasting results that enhance communities and local economies. Government grant and loan programs are available in many different business categories.

BHJ is an international supplier of meat ingredients and meat raw materials for the food, pet food, feed and pharmaceutical industries.

“Our government is helping Alberta meat processors become more profitable and competitive because the economy is our number one priority,” said MP Deepak Obhrai. “This investment will help BHJ Canada Meat Products Inc. expand their operations and increase domestic and export sales, helping to strengthen our economy for the future.”

BHJ consists of two business areas: ingredients and meat and by-products.

BHJ is represented in more than 60 countries world-wide. BHJ has yearly revenue of approximately EUR 280 million and employs 700 people globally.

The government funding of $1 million by the Agricultural Flexibility Fund through the Agri Processing Initiative is designed to enhance the competitiveness of the agri-processing sector in Canada.

“This investment was key to our expansion,” noted Rod Deibert, President of BHJ Canada. “It enabled us to pursue a project that enhances our core business and expands our processing capacity from a range of suppliers within our industry.”

The project will benefit farmers through an increased demand by BHJ meat and poultry producers to the pet food industry in Canada, the U.S and Europe. The new equipment will help the company increase their competitiveness, production capacity and sales.

TAGS: GOVERNMENT GRANTS, GOVERNMENT LOANS, GOVERNMENT FUNDING, BUSINESS NEWS