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Announcement: Forgivable Canadian Grants For Businesses

Forgivable Canadian Grants For Businesses

Forgivable Canadian grants for Business

The Government sets aside Billions yearly to inspire the Canadian dream and to enhance the

economy.

We would like to share a few ideas on what is available for Start-up and existing Businesses.

You can apply for a Canadian business grant / government grants for

  • Government grants for small businesses
  • Government business grants
  • Government grants for women
  • Government grants for Entrepreneurs
  • and lot more

We would like to share a few ideas on what is available for Start-up and existing Businesses.

You can apply for a Canadian business grant / government grants for:

 

  • Acquiring Business Real Estate
  • Low income
  • Agriculture
  • Marketing Ideas & Securing Patents
  • Arts
  • Minorities
  • Business
  • Moms
  • Buying
  • Music
  • Capital Investment
  • Non Profits
  • Children
  • Nursing
  • Disable
  • Real Estate
  • Education
  • Recruiting Employment
  • Energy
  • Recycle
  • Entrepreneurs
  • Research
  • Environment
  • Research
  • Expenditure Existing Business
  • Schooling
  • Expenditure on Start-up
  • Seniors
  • Films
  • Sponsoring Research and Development
  • Growth Potential
  • Technology
  • Handicap
  • Trucking
  • Hiring someone
  • Unemployed
  • Home Improvement
  • Woman
  • Immigrants
  • Writers
  • Job training
  • Writing a book
  • Kids
  • Youth
  • Legal
  • zoo

Apply for all government grants you may qualify for, including business grants. On a daily basis there is funding and financial assistance awarded to many Business Sectors including: Farming, Manufacturing, Energy, Services, Retail and more.

Government Grants and funding are applied on a case by case basis. When all funds are exhausted, then you will have to wait for the next fiscal period. We strongly recommend that you don’t delay.

 

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How my company raised more than $1-million in government grants

How my company raised more than $1-million in government grants

When I quit a fairly lucrative – albeit stressful and time-consuming – consulting job in 2010 without any job prospects, I experienced a feeling I believe a lot of entrepreneurs have felt: a fire inside me to start something new. When I and my business partners, who are still with me today, began RateHub.ca that year, we had virtually no startup money.

We bootstrapped the website launch and didn’t go after major venture capital investors. Since then, with a bit of savvy profit reinvestment, new business acquisitions and product expansion, we’ve been able to scale our growth and remain profitable and successful.

A huge part of our growth has been funded through government grants. To date, grants have brought in more than $1-million – capital that hasn’t diluted us and doesn’t need to be paid back. Most recently, we secured a contribution of just under $500,000 in 2016 from the Industrial Research Assistance Program (IRAP), a federal program supporting technology innovation in Canada.


What kinds of grants are available?

If you hire individuals with a STEM (science, technology, engineering and mathematics) background or have a focus on youth hiring, there are federal and provincial funding programs. We’ve had great success with Youth Employment Grants that provide funding for bringing on resources under the age of 30 as well as the Canada-Ontario Job Grant (COJG), which is funding available to small, medium or large businesses to support short-term training for existing employees.

Funding in this area can also take the form of tax credits. The Ontario Interactive Digital Media Tax Credit (OIDMTC) offers a 40-per-cent tax credit for companies that develop and market their own digital media products, including gaming or in our case, informational products.

Finally, if you’re hiring co-op students from accredited programs for internships, be sure to tap into the Co-operative Education Tax Credit, which varies by province.

How do I find these grants?

If there’s one thing entrepreneurs have in common, it’s that they love to talk. Funding inevitably comes up as a topic of conversation at events, so the best source for funding information is directly from the companies who have successfully applied in the past.

And think regionally. Our development team works out of Kingston. Because we’re an employer there, we became eligible for funding through the Kingston Employment Youth Services (KEYS).

How do I know a grant is right for me?

The first step in applying for any grant is to read the eligibility terms carefully. You’ll save yourself hours of work if you understand the funding requirements. Only apply for the ones that are a great fit.

Don’t confuse eligibility with a challenging application process. Your organization may not be structured in a way that aligns exactly with the application, but don’t let that deter you. Consider the application process like an investment pitch, and look for programs that allow you to showcase the amazing work you’re doing as well as your future plans.

Our latest IRAP project is a great example. IRAP provides funding based on your company’s opportunity for growth. The program’s mandate is structured around merit. If you can show that you have a technologically challenging project that will lead to job, revenue, and profit growth, it may be able to support you financially and/or with expertise and guidance.

Be prepared

Searching for, applying for and waiting for grants can take time. While you’re waiting for a youth grant, you could lose a possible candidate because you can’t confirm the offer until the funding comes through.

Throughout various applications, I’ve never been asked for information I didn’t already have on hand. Have your paperwork, financial and payroll information in order, your plans clearly laid out and be ready to provide supporting documentation for your application. Once you’ve been approved, the real work begins. You’ll usually need to file for claims, most often on a monthly basis. Also, claims become more complicated with larger projects.

RateHub applies for four or five grants each year. It’s made a profound difference in our ability to support our company’s growth. Don’t be intimidated or overwhelmed. Approach it like you do the rest of your business: Do your research, showcase your success and winning strategy, talk to other entrepreneurs and take it one step at a time.

Alyssa Furtado is the founder of RateHub.ca, Canada’s mortgage and credit card comparison site.

Source: TheGlobe&Mail, Friday September 2, 2016

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Metrolinx feared grants would be linked to pre-mayor Tory

Metrolinx feared grants would be linked to pre-mayor Tory

Metrolinx feared grants would be linked to pre-mayor Tory:

TORONTO – Over-prepare much?

That appears to have been the case with Metrolinx communications staffers who, in the weeks before the release of documents about a controversial grant-giving program, feared reporters would somehow link the agency’s spending spree to John Tory in the years before he ran for mayor.

Documents obtained by the Toronto Sun through a freedom of information request show Metrolinx staff prepared a note for high-ranking government bureaucrats as they expected tough questions from reporters regarding a grant program which doled out $1.3 million over five years.

Continue reading Metrolinx feared grants would be linked to pre-mayor Tory

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Ontario opposition parties say corporate grants should be made public

Ontario opposition parties say corporate grants should be made public

Economic development critic complains he has been asking for a list of companies that benefited from what he calls the Liberals’ “crony capitalism.”

TORONTO—Ontario’s opposition parties say the Liberal government hands out billions of dollars in grants to profitable corporations every year, often with virtually no oversight.

The government shouldn’t be picking winners and losers, and should provide a level playing field for all companies in a sector instead of giving grants to ones the Liberals select, said Progressive Conservative economic development critic Monte McNaughton.

Continue reading Ontario opposition parties say corporate grants should be made public

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Ontario Music Fund Providing $14 Million to 151 Recipients

Ontario Music Fund Providing $14 Million to 151 Recipients

Creating Jobs and Growth in Ontario’s Music Sector

Ontario is supporting a healthy, vibrant and competitive music industry by awarding 155 grants to 151 recipients totalling $14 million, through the Ontario Music Fund (OMF).

Premier Kathleen Wynne announced the 2016 grant recipients today at the Rivoli, a concert venue in Toronto, alongside representatives from the Toronto Urban Roots Fest, one of the organizations the program is supporting this year. The OMF provides grants to music businesses that produce, distribute and promote Ontario-based music and artists. This support spans all segments of Ontario's music industry and helps the sector to innovate, create jobs and increase the production and performance of music across the province.

Continue reading Ontario Music Fund Providing $14 Million to 151 Recipients

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RRSP or RESP: Is Lack of Information Affecting Choices? 49% of Quebec’s Families Don’t Know About RESP Grants

RRSP or RESP: Is Lack of Information Affecting Choices? 49% of Quebec's Families Don't Know About RESP Grants

RRSP or RESP: Is Lack of Information Affecting Choices? 49% of Quebec's Families Don't Know About RESP Grants:

More than half the families in Quebec prioritized the RRSP in 2015, while only a quarter invested in an RESP

QUEBEC CITY, Feb. 8, 2016 /CNW/ – With tax season around the corner, many Quebecers are wondering which investment vehicle to prioritize. A recent survey by the CROP polling firm commissioned by the RESP expert Universitas found that nearly half the families surveyed don't know about the financial advantages the RESP offers. Over the last year, only 27% of Quebec's families invested in an RESP, thus missing out on the generous government grants to which their children are entitled for post-secondary education. Results show that families continue to favour the more traditional RRSP (52%) and TFSA (33%). Furthermore, only 9% of the families surveyed believe that, based on their current situation, the RESP should be their first investment choice.

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Ottawa urged to offer grants; one-stop shopping for auto investment

Ottawa urged to offer grants; one-stop shopping for auto investment

Ottawa urged to offer grants; one-stop shopping for auto investment:

Canada’s auto industry adviser called on the federal and Ontario governments Wednesday to implement measures aimed at changing the “negative” perception of Canada as an expensive place to build vehicles.

“One of the things that I discovered the perception about Canada was very negative; people say ‘Mexico is it; Canada is not,'” Ray Tanguay told reporters on the eve of the Canadian International Auto Show in Toronto.

Continue reading Ottawa urged to offer grants; one-stop shopping for auto investment
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New round of grants now available to help cover the cost of sports programs for people with a disability

New round of grants now available to help cover the cost of sports programs for people with a disability

Canadian Paralympic Committee calls for applications for the 2016-2017 System Development Fund

OTTAWA, Feb. 17, 2016 /CNW/ – The Canadian Paralympic Committee invites Canadian sport organizations and clubs to apply, starting today, for the 2016-2017 granting round of the System Development Fund.

The System Development Fund targets initiatives connected to the various stages of the Canadian Long Term Athlete Development (LTAD) Framework, helping develop athletes from playground to podium. Funding amounts of between $2,500 and $10,000 will be available.

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Ontario to offer grants to cover college tuition for low-income students

Ontario to offer grants to cover college tuition for low-income students

Changes in student aid unveiled in the Ontario budget are the most radical shift in decades in how the province delivers loans and grants to college and university students, and show the government wants to get more low-income people into postsecondary education.

The government said in the budget on Thursday that most college students whose family income is less than $50,000 a year will receive grants large enough to cover their whole tuition. Grants for university students, who pay higher tuition, may not offset the entire amount.

Continue reading Ontario to offer grants to cover college tuition for low-income students

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Terrestrial Energy Awarded $5.7 Million Grant From Canadian Federal Government

Terrestrial Energy Awarded $5.7 Million Grant From Canadian Federal Government

OAKVILLE, ONTARIO — (Marketwired) — 03/04/16 — Terrestrial Energy, a vendor of next-generation nuclear power plants has been awarded a CAD$5.7 million grant from the Sustainable Development Technology Canada's (SDTC) SD Tech Fund(TM). SDTC is a foundation funded by the Government of Canada.

Market wiredGrants funds will be used to support Terrestrial Energy's pre-commercial activities, which conclude with the construction of an electrically-heated non-nuclear mock-up within 30 months. The mock-up will test and demonstrate many aspects of IMSR operation, and will include the data collection over a wide range of operating scenarios of the performance of the IMSR's passive cooling systems; this will validate Terrestrial Energy's safety analysis computer codes, a common industry requirement. The results will support Terrestrial Energy's regulatory engagement and key aspects of the IMSR's Safety Case, one built on simple, natural and passive cooling mechanisms.

Continue reading Terrestrial Energy Awarded $5.7 Million Grant From Canadian Federal Government

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