To transition small businesses through industry and consumer preferences, the Federal and Provincial governments have allotted millions of dollars towards grant programs. These grant programs are devoted to helping to increase business capital through hiring and training programs, exploring new markets globally, saving on energy costs, and increasing online presence to name a few.
Government grant programs that businesses may qualify for:
Research & Development
NRC Industrial Research Assistance Programs (IRAP): Provides funding to qualified firms and their innovative research and development related projects.
Yves Landry Foundation Achieving Innovation and Manufacturing Excellence (AIME):Training-focused, to improve Southern Ontario’s manufacturing sector’s competitive standing within the global market.
Ontario Power Authority SaveOnEnergy Programs (OPA): Reduce energy consumption and save money on facility energy bills.
Export Market Access (EMA): Cost-sharing grant program designed to help small to medium sized organizations to export to the US and other global markets.
Ontario Exporters Fund (OEF): Assists SMEs become export ready and help them gain/increase access to international export markets.
Canadian Manufacturers & Exporters Association SMART Prosperity Now:To help companies determine the current state of operations and understand and overcome the barriers they face in the global competitive market.