Elliot Schiller is a Director at Toronto’s Teeger Schiller Inc., a firm specializing in government funding and systems selection/implementation. His clients receive over $5 M annually to support ongoing business innovation. E-mail eschiller@teegerschiller.com, visit www.FundingHelp.ca or phone 1-888-816-0222 Ext. 102

Financial help for the manufacturing sector

It started April 1, 2014 as part of the Government of Canada’s 2013 Economic Action Plan introduced in December of that same year. The Advanced Manufacturing Fund (AMF) is a $200 million fund targeting the southern Ontario manufacturing sector and is being delivered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). Specifically, … Read more →

The News Business Innovation Access Program

The newly announced Business Innovation Access Program (BIAP) is a $20 million funded program from the federal government with the objective of providing entrepreneurial small- to medium-sized companies (SMEs) with resources, both intellectual and monetary, to help them move past barriers, various hurdles and capital constraints to bring a new product or service to market. … Read more →

Funding help for your business expansion

Are you ready to take your business to the next level but don’t have the finances available to do so? Perhaps you should consider the Canada Small Business Financing Program. The Canada Small Business Financing Program makes it easier for small businesses to obtain loans from financial institutions because the government shares the risk. If … Read more →

Introduction to IRAP

IRAP is the Industrial Research Assistance Program. Like SR&ED, which we discussed last month, IRAP is funded by the Industry Canada and managed by the National Research Council of Canada (NRC). It has a budget of $220 million for 2013/2014. After SR&ED, IRAP is the second largest government source of funding for Small- to Medium-sized … Read more →

Getting government funds for your R & D

Let’s begin with a discussion of the largest source of funding help for industry in Canada – the approximately $6 billion that the federal government returns to businesses every year via the Scientific Research & Experimental Development Program (SR&ED). This program has been described as the most important way that the federal government can support … Read more →