BUILD IN CANADA INNOVATION PROGRAM (BCIP)
BCIP is a permanent, competitive first purchase program offered by the Canadian government to allow small businesses in Canada to test and pre-sell technologies to the Government of Canada before commercializing them. Canadian companies can submit a proposal for their technologies that potentially improve the efficiency and effectiveness of the government. Funding Type:The program has […]
BDC Capital’s Industrial Innovation Venture Fund: Propelling Transformation in Canadian Industries
In a strategic move to foster innovation and modernization across traditional Canadian industries, BDC Capital, the investment arm of BDC Canada’s primary bank, has recently unveiled the Industrial Innovation Venture Fund. This $250 million fund is poised to make a significant impact by investing in technology companies at various stages of development, with a focus […]
IRAPID Program Ignites Northern Ontario’s Innovation
In the ever-evolving landscape of economic development, innovation stands as a catalyst for progress. Recognizing the symbiotic relationship between economic growth and product development, the Canadian government has launched a groundbreaking initiative tailored for forward-thinking businesses. The IION-Research and Prototyping in Development (IRAPID) program, unveiled to the entrepreneurial community in Northern Ontario, is a beacon […]
Government Funding for Prototypes: Driving Innovation in Canada
In today’s rapidly evolving business landscape, innovation is the driving force behind growth and success. To remain competitive, companies must constantly innovate, test, and develop new prototypes. Recognizing the pivotal role innovation plays in economic advancement, Innovation, Science, and Economic Development Canada has initiated the Innovation Solutions Canada Program. This groundbreaking initiative is designed to […]
Revitalizing Northern Ontario Manufacturing: FEDNOR Initiative
Manufacturers in Northern Ontario are facing the ever-present challenge of enhancing their capital equipment and improving manufacturing processes. To bolster competition and productivity in the region, the Federal Economic Development Agency for Northern Ontario (FEDNOR) has introduced the Targeted Manufacturing Initiative. This groundbreaking program is geared towards modernizing and revitalizing the manufacturing sector in Northern […]
Driving Growth Through Innovation- Exploring the New Brunswick Innovation Voucher Fund
In today’s fiercely competitive global economy, innovation isn’t just a buzzword; it’s the cornerstone of success for businesses striving to stay ahead. New ideas, research, and development not only propel companies forward but also foster economic growth within communities. Recognizing this, the New Brunswick Innovation Foundation (NBIF) has initiated the Innovation Voucher Fund, aimed at […]
Navigating Blockchain Integration: Overcoming Challenges for Business Advancement
In the ever-evolving landscape of technological innovation, blockchain is emerging as a transformative force with the potential to revolutionize various industries. However, despite its undeniable benefits, businesses face significant challenges when integrating blockchain technology into their operations. In this article, we delve into the key hurdles companies may encounter and explore practical solutions to pave […]
Empowering Canadian Businesses: The Global Hypergrowth Project
Anchor firms play a crucial role in sustaining economic prosperity and fostering robust labor markets across various industries. Recognizing their importance, the Canadian government has introduced the Global Hypergrowth Project (GHP), aiming to identify and support emerging companies with the potential to become industry leaders. This initiative seeks to scale operations, retain profits, and generate […]
FoodShift Program: Enabling growth by helping Ontario-based food & beverage manufacturers deploy Canada’s leading clean technologies
FoodShift Program Ontario is one of the largest food and beverage processing jurisdictions in North America, with sales of more than $32 billion per year. However, this also means that this sector will be observed to be a large emitter of greenhouse gases since there are over 3,000 food and beverage processing companies located just […]
Bridging the Innovation Gap: Alberta’s Ecosystem Development Partnerships Program
Innovation is a cornerstone of societal growth, driving advancements across all sectors. In Alberta, innovation is being championed by Alberta Innovates through its Ecosystem Development Partnerships (EDP) Program. This initiative aims to fill crucial gaps in Alberta’s entrepreneurial ecosystem, supporting entities engaged in research and innovation. This article outlines how the EDP Program can assist […]