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.

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Canadian Grants Business Center: City of White Horse announces Government Grants

November 23rd, 2015 White Horse, NWT

More than $ 60,000 will be making its way to a number of organizations. Whitehorse is preparing for a large number of programs and events between now and next June according to Canadian Grants Business Center.

At the city council meeting Monday, members approved $ 36,100 in grants this fall with $ 25,200 in cash and $ 52,222 in services for festivals and special events set for the first half of the next year.

The biggest subsidies drop will go to the Yukon Arts Society for its recreational and educational arts program; Arts Underground. It will receive the full $ 12,000, the society asked for.

At the other end of the scale, receiving smaller grants of up to $ 1 920, is Playschool Association with a large portion of the funding to go towards supplies and field trips.

Other groups who will receive funding are:

  • Performance Group fiddleheads to $ 2,500 for young music lessons, workshops and performances;
  • Nakai Theatre Ensemble to $ 4,500 for 24 hours playwriting competition and cabaret;
  • Arctic Edge Skating Club $ 5,180 for its Yukon Championships
  • Yukon Learning Disabilities Association $ 10,000 for its Raven camp.

Participating in the Monday meeting of managers by conference call, Con. Rob Fendrick thanked the group to implement the recommendations for grants, noting the work “is not an easy task.”

Con. Jocelyn Curteanu then confirmed with staff that the next deadline for all types of recreation grants will be March 15, 2016.

The current recreation grant drop provides funding for ongoing programs around the city, festivals and special events also get supplies, cash and services for large events.

New applicants will receive cash and services with the biggest beneficiary being the Yukon Sourdough Rendezvous Society for its annual winter festival set for February 19 to 28.

It will receive $ 8,700 in financial aid as well as assistance worth more than $ 37,000.

The smallest grant of the festival – a total of $ 950 in cash without assistance – will go to the collective D60 for its art event Nuit Blanche Whitehorse scheduled for June 18-19

Also receiving funding for festivals and special events are:

 

  • Chinese Canadian Association of Yukon to $ 1,000 in cash and no help services for its Chinese 2016 New Year Party for February 6;
  • Yukon Literacy Coalition, to $ 1,000 in cash and services valued at $ 330, for its event Family Literacy Day scheduled for January 24;
  • Anti-Poverty Coalition Yukon, $ 1,600 in cash without assistance services for its event Whitehorse Connects set May 26;
  • Educational Theatre Society, $ 1,850 in cash and services valued at $ 4,490, for burning away the winter blues festivities planned for March 19;
  • Gwaandak Theatre Society, $ 2,100 to $ 3,200 in cash and services for the Magnetic North Theatre Festival from June 10-18;
  • Yukon Film Society, $ 3,000 in cash and no services for its Film Festival Light Available from February 7 to 14; and
  • Yukon Quest International Association Canada, $ 5,000 in cash and $ 7,000 in services, for the portion of Whitehorse’s annual racing dog sled running from Fairbanks to Whitehorse. The race will begin February 6th in Fairbanks.

Government Grant for Clean Energy Manufacturing

CLEAN ENERGY FIRM RECIEVES FUNDING FROM THE GOVERNMENT OF CANADA TO PRODUCE BIO-BASED LUBRICANTS AND FUELS

Kingston, ON, July 15th 2014

Altranex Corporation has entered into a Contribution Agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Canada’s premier innovation assistance program for small- and medium-sized enterprises (SMEs). The funding under the agreement will share the cost for Altranex to scale-up the production of Altranex’s Altra-HF™ shipping fuel and other products. The financial support is up to $200,000.

“The NRC-IRAP program has recognized the innovative approach that Altranex has taken to making the shipping and lubricants industries more sustainable.” said Chad Joshi, CEO of Altranex. “This funding moves the company along the path towards the production of commercial quantities of product.”

“In our first year with NRC-IRAP support we were able to attract a multinational oil company as a co-investor at a faster pace than our plan. Advisory services provided by the NRC-IRAP Industrial Technology Advisor assigned to the file on other government funding programs and her connections to other companies and contacts in the Cleantech sector have been valuable.”

Altranex Corp. is a Kingston, Ontario-based bio-chemicals company that develops and markets bio-lubricants and commercial transportation fuels.

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

Government Small Business Loan for Music Manufacturer

Funding for Nova Scotia Based Music Company

Sydney, NS – June 6th, 2014

Billdidit Inc. of Sydney, NS a company that designs and produces innovative products for the music industry, has received a $500,000 repayable contribution from the Government of Canada to help build a facility for the production of hardware and accessories for drummers.

Background:

Billdidit has extensive experience in product development, commercialization, manufacturing management and technical support. The company primarily develops and sells drum and percussion related equipment.

The company’s products are used by amateur, recording and touring percussionists from around the world who perform with well-known artists of many musical genres.

They have developed products for domestic and international partners. They currently have four product patents and nine patents pending.

The new facility will focus on producing low to mid-volume products for Billdidit and Sabian Cymbals. It is expected to create 20 jobs immediately with the potential to add additional jobs as the facility ramps up production.

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

Government Small Business Loan for Micro-Brewery

FUNDING FOR QUEBEC MANUFACTURING BUSINESS

Joliette, Quebec – November 2013

Micro-Brasserie L’Alchimiste has been granted financial assistance as government funding for the purchase of updated brewing equipment for their plant in Quebec.

Micro-Brasserie L’Alchimiste produces beers for general consumers, specialty craft beers and private-label beers for distribution all across Quebec. The business, has grown considerably since its establishment in 2001and is at the stage where it needs to modernize its equipment in order to continue growing.

The funded project involves the installation of fermenters, a conditioning tank and packaging and handling equipment for the brewery. The plant also intends to automate part of the production line, increasing productivity and improving capacity.

The Government of Canada believes economic prosperity is achieved through investments like the one Micro-Brasserie L’Alchimiste is making to raise its production capacity and competitiveness,” said a government spokesperson.

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

Government Business Grants For Small Business / Green Business in Canada

Government of Newfoundland Announces Funding For Green Businesses

St John’s Newfoundland, October 24th 2013

The Multi-Materials Stewardship Board (MMSB) has just announced $100,000 inf funding to be awarded to 10 innovative projects through the Solid Waste Management Innovation Fund.

“Waste Reduction Week marks an important time for everyone to think of ways to take more responsibility for their actions and the impact they have on the environment,” said the Honourable Joan Shea, Minister Responsible for the Multi-Materials Stewardship Board. “Today’s announcement of 10 Solid Waste Management Innovation Fund recipients provides all Newfoundlanders and Labradorians with inspiring examples of meaningful solutions that not only divert waste from our landfills, but also have the potential to drive new business and economic opportunities in the province.”

2013 Solid Waste Management Innovation Fund Recipients:

Abydoz Environmental – $11,000.00  to explore options to incorporate recycled glass into engineered wetlands and natural sewage treatment systems.

ChrisDarMar Farms – $9,658.79 to focus efforts on diverting chicken farm waste from the landfill using a compost drum technology to create an environmentally-safe material that can be used as soil amendment.

Petty Harbour Mini Aquarium – $3,500.00 to engage youth and young at heart through the delivery of the Waste Watchers Program, designed to educate visitors about the impact of garbage and litter on marine life.

Scotia Recycling – $15,000.00 to acquire a Styrofoam densifier to establish a Styrofoam recycling program targeting the industrial, commercial and institutional sector in the eastern region of the province.

Natalie Jewellery – $5,000.00 to increase capacity and production of uniquely designed jewellery that is made from reclaimed materials such as copper water pipe, car parts and motors from old appliances.

The ROLES Project – $11,000.00 to restore abandoned mineral exploration sites in Labrador by properly disposing of hazardous waste that could otherwise negatively impact vegetation, wildlife, habitat and water.

Lester Farms – $15,000.00 to compost commercial coffee grounds to produce and research a soil amendment that yields optimal nutrient values in soil and crops.

Morrison Hershfield – $15,000.00  to create a Construction Waste Diversion Plan to provide contractors and construction professionals with best practices for reducing, reusing and recycling construction and demolition waste.

STORM Brewing – $12,200.00 to implement a reuse program to collect and wash bottles for local reuse, reducing the environmental impact of the production and shipping of new glass bottles.

A.N.S. Enterprises – $2,587.64 to “upcycle” used hot water tanks, wheel rims, oven grates and spark arrestor screens to manufacture fire pits, barbeque pits and culverts.

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

Canada Jobs Grant Proposed Changes

Proposed Canada Jobs Grant: Flexible Options for Small Businesses

Ottawa, Ontario October 8th, 2013

According to Federal Employment Minister Jason Kenney, the Canadian Government is committed to improving access to the proposed Canada Jobs Grant program for small businesses.

The current framework would allow cost-shared training subsidies of up to 15,000$ per employee per company. Under the new Government Business Grants proposal, small businesses would be eligible to contribute a smaller share of the total cost, previously pegged at 33% for all Employers. Mr. Kenney has stated that the two-thirds Government Subsidy would now be an average, larger companies would receive a smaller subsidy than their small and medium business counterparts that take part in the program.

“We’re flexible about the precise ratios,” he said. “We’ve listened to business groups, employers saying to us: ‘Look, the micro-businesses, the really small mom-and-pop, owner-operated stores, they can’t necessarily afford to put up one-third of the money for the training costs.’ On the other hand, the big companies can afford to put in a lot more.”

The Federal Government is making headway in establishing another Government Business Grant that will be of particular use to small businesses across Canada. Although this program is not yet available, we encourage you to contact the Canadian Grants Business Center for information pertaining to the other programs currently available.

 

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

Funding for Ontario Farming Association

 

Government of Canada invests in Ontario Farming Association

Niagara Falls, Ontario October 9th, 2013

The Harper Government is advancing Ontario’s greenhouse vegetable sector by investing in research and innovation. Parliamentary Secretary Pierre Lemieux, on behalf of Agriculture Minister Gerry Ritz, announced today an investment of $2.7 million to the Ontario Greenhouse Vegetable Growers (OGVG) during the Canadian Greenhouse Conference in Niagara Falls.

“The greenhouse sector provides Canadians with fresh, locally grown produce year-round and our government is proud to support this key industry,” said PS Lemieux. “This investment will contribute to the health and sustainability of the sector by helping to improve production capacity and product quality.” OGVG is a not-for-profit organization that represents all greenhouse tomato, pepper, and cucumber growers in Ontario-approximately 220 in total.

This investment will help to develop new products and practices to enhance the competitiveness of the greenhouse sector. Research will focus on improving the year-round production of greenhouse cucumber, pepper, and tomato crops, including improvements to yield and produce quality. The project will also enhance the environmentally sustainable practices of greenhouse production.

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

 

Government Grants/Government Loans for Biolyse Pharma

 

Government of Canada invests in Ontario Drug Company

St. Catharines, Ontario September 26, 2013

The Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), alongside Rick Dykstra, Member of Parliament for St. Catharines, today announced a Government of Canada investment that will allow Biolyse Pharma to expand its facilities and product line of injectable chemotherapy drugs.

“Today, our Government’s commitment to investing in the development of a supportive environment for the region’s pharmaceutical manufacturing cluster is being showcased,” said MP Dykstra. “Getting our small- and medium-sized businesses the tools they need to stay productive and competitive is imperative.”

St. Catharines-based Biolyse Pharma produces generic chemotherapy and anti-cancer drugs for Canadian and international markets. Through FedDev Ontario’s Prosperity Initiative, Biolyse Pharma will receive an investment of up to $2.9 million to complete an expansion of its facilities and production capacity. This project is expected to create up to 59 new highly skilled full-time jobs, allowing the company to reach new markets and increase product diversification. “The significance of this repayable contribution is an encouragement to Biolyse to move forward with its development program, which will expand its line of vital medicines made by Canadians for Canadians,” said Claude Mercure, Owner of Biolyse Pharma.

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

 

Government of Canada invests in WearWell Garments Limited

Government of Canada invests in WearWell Garments Limited

Stellarton, Nova Scotia September 11, 2013

The Honourable Peter MacKay, Minister of Justice and Attorney General of Canada and Regional Minister for Nova Scotia, announced that the clothing manufacturer, WearWell Garments Limited will be receiving financial assistance.

Founded in 1970, the Stellarton based company offers a complete line of clothing for various industries. All of the manufactured garments are made in Canada and produced in their out company facilities. “Jobs, growth and a strong, competitive regional economy are top priorities for our Government,” said Minister MacKay, on behalf of the Honourable Rob Moore, Minister of State (Atlantic Canada Opportunities Agency).

The WearWell Garment Company will use the financial assistance in order to increase their productivity and enhance competitiveness. “The finding we receive through this project will allow us to modernize our equipment, improving our productivity and enabling us to expand into new markets” said Stirling MacLean, President and Chief Operating Officer of WearWell Garments Limited. The Government of Canada will invest to the WearWell Garments Company in the form of a $47,760 repayable contribution.

“We are proud to support WearWell Garments as it increases its productivity and expands into new markets, creating economic growth in our rural community” concluded Minister Mackay.

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