With the changes in economy, many business owners are struggling to get a foothold on what they need to do to ensure that their business is stable now and into the future. At Pivotleader we have seen some tremendous transformations when businesses have the opportunity to hire outside help to guide them towards increased profitability and
less stress.
Our team has found 24 grants that your business might qualify for in helping you take
your business to the next level.
Please let us know if you need any more information. Info@pivotleader.com
Business Grants - Canada:
Canada Job Grant (CJG)
The Canada Job Grant (CJG) is a Canadian government funding program designed to
reduce the costs of providing third-party skills training to new and existing
employees. Launched in 2014, the Canada Job Grant allocates upwards of $194M
annually to support the upskilling of new and existing employees so that they can
perform learn new skills and become more valuable to their organization.
Canada Small Business Financing Program
The Canada Small Business Financing Program is part of the Canada Small Business
Financing Act and was created to help support business growth through business loans
with competitive interest rates. Up to $1M for business expansion activities, including
the acquisition of a building, leasehold improvements, purchasing new or used
equipment, and software components.
The Canada Small Business Financing Program
The Canada Small Business Financing Program is part of the Canada Small Business
Financing Act and was created to help support business growth through business loans
with competitive interest rates.
Strategic Innovation Fund (SIF)
The SIF is a Canadian government funding program uniquely targeted at Canada’s
industrial and technology sectors. It offers financial contributions (both repayable and
non-repayable) valued at up to 50% of project costs with the purpose of promoting
investment into the types of activities that drive sustained productivity and economic
benefits.
Business Grants - British Columbia:
Canada-B.C. Job Grant
The B.C. Employer Training Grant program (ETG) supports skills training to address
provincial labor market shortages. Reimbursement amounts vary between 60% and
100% depending on the training stream. Employers are eligible to receive up to
$300,000 per fiscal year (April 1 – March 31).
Foundational Training Stream (Gov’t of Canada through the Canada-BC
workforce development agreement)
This stream supports unemployed and low-skilled British Columbians to gain essential,
transferable and certified skills to obtain good-paying jobs and increase job security.
Under the Foundational Training Stream, employers may receive 100 percent of eligible
training costs, up to a maximum of $10,000 per participant per fiscal year.
Workforce Training stream (Gov’t of Canada through the Canada-BC workforce
development agreement)
This stream supports training that is relevant to the immediate needs of the business
and the participant's job. Under the Workforce Training Stream, employers may receive
60 percent of eligible training costs, up to a maximum of $5,000 per participant per fiscal
year.
Link: https://www.workbc.ca/Employer-Resources/BC-Employer-Training-Grant/Workforce-Training-Stream.aspx
Technical Training Stream
This stream supports employers to train current or new employees in technical skills in
response to technological advancements. Under the Technical Training Stream,
employers may receive 80 percent of eligible training costs, up to a maximum of
$10,000 per participant per fiscal year.
Business Grants - Northern British Columbia:
Competitive consulting Grant
The Competitiveness Consulting Rebate program provides a rebate to small and
medium sized businesses engaged in manufacturing, innovative technologies, resource
processing, transportation, distribution and their first line suppliers for external business
consulting projects. Projects must focus on increased productivity, new or incremental
revenues, profitability and/or job creation.
Covid 19 Recovery Program
This program is designed to help businesses reduce the barrier to accessing
professional expertise and recover the costs of third-party consulting projects. These
types of projects must focus on ways to sustain businesses during the current economic
downturn. The SBR Consulting Rebate will reimburse small and medium sized
businesses (operators) for contracted consulting services.
Northern Industries Innovation Fund
The Northern Industries Innovation Fund (NIIF) program provides incremental funding to
support innovation projects that increase the competitiveness of local businesses in
traditional industries across Northern B.C. The program is also intended to support
economic diversification and/or viability of businesses to mitigate the economic impact
of the pine beetle epidemic. NIIF supports applied research and development, new or
improved products and services, and testing of innovative equipment or technologies to
support capital investment decisions
Marketing initiatives
The Marketing Initiative program provides funding to support new marketing campaigns
or projects that position a community or region to take advantage of opportunities that
support economic vitality and diversification. These marketing projects must be new
initiatives that stand alone from existing marketing activities.
Link: https://www.northerndevelopment.bc.ca/funding-programs/community-development/marketing-initiatives/
Grants for Wage Subsidies:
Industrial Research Assistance Program Youth Employment Program
This program helps your business create business or technology jobs for highly skilled
youth. We will pay a part of wage-related costs so you can hire young talent to work on
innovation-related projects.
Venture for Canada Partner Opportunities
From short-term support to full-time hires, we offer a wide of programs at various costs
commitment levels. We provide students and recent grads with the entrepreneurial skills
today's Canadian startups and SMEs need.
Career Ready Program - TECHNATION
For employers within the technology sector (or related projects).
Innovate BC - Tech Coop Grants
Get up to $20,000 per year in funding to hire coo-op students through the Tech Co-op
Grant, which is available for technology-based companies looking to grow or a non-tech
company, organization or non-profit hiring for a tech role.
New Ventures BC - Innovator Skills Initiative Grant
Get up to $10,000 per year in funding to hire students through WIL programs (not
including co-op), such as internships and work placements. Eligible employers are tech
companies or tech-focused non-profits hiring for a business or tech role, or a business
or non-profit hiring for a tech role.
Mitacs Accelerate
Mitacs Accelerate pairs businesses with Masters, PhD, and PDF interns to overcome
innovation challenges. Interns complete research and develop tools, models,
technology, or solutions to support the host business’ challenges.
Grants for Research:
IRAP Accelerated Review Process (ARP)
The Industrial Research Assistance Program (IRAP) offers Canadian small business
grants for any company committed to internal R&D. One such program is called IRAP
Accelerated Review Process (ARP), which covers as much as $50,000 towards a wide
array of different projects so long as they are aimed at solving an internal technical
challenge.
Grants for Indigenous Entrepreneurs:
Economic development fund
A participating First Nation (one of the 27 First Nations or 3 Regional Organizations
specified in Schedule G of the Conservation Investments and Incentives Agreement as
represented by the authorized governing body of the Nation; or Any other entity fully or
partially owned or controlled by the Participating First Nation which has a resolution
from the Participating First Nation supporting a complete funding application; or An
individual member of a Participating First Nation or business owned by any such
individual who has a resolution supporting a complete funding application.
Aboriginal Entrepreneurship Program
The Aboriginal Entrepreneurship Program (AEP) seeks to increase the number of viable
businesses in Canada owned and controlled by Indigenous people. The AEP funds a
broad range of entrepreneurial pursuits and aims to build capacity, reduce barriers and
increase access to capital, by forging partnerships that will increase economic
opportunities for First Nations, Inuit and Métis people.
Money for Indigenous Tourism Businesses in Northern Canada.
If you’re working on a project to enhance tourism experiences in your region or helping the community attract more visitors, you could get a maximum $100,000 non-repayable contribution for up to 50% of your project’s costs or a maximum $500,000 repayable contribution for up to 75% of the costs. If you’re also a non-profit, the contribution is most likely non-repayable.
Link: https://innovation.ised-isde.canada.ca/s/list-listelanguage=en_CA&token=a0B5W000000UO2CUAW
Other Grants:
Canada-Alberta Job Grant (CAJG)
The Canada-Alberta Job Grant (CAJG)is an Alberta government funding program that
offers training grants to employers. Through the program, companies may receive non-
repayable funding from the government to purchase third-party business training
programs, including training for in-demand skillsets. Training is expected to improve the
employability and value employees can provide; including new hires in these training
sessions can also maximize your funding potential.
The Canada-Ontario Job Grant (COJG)
The COJG is an Ontario government funding program that offers training grants to
employers. Through the program, companies may receive non-repayable funding from
the government to purchase third-party business training programs, including training
for in-demand skillsets. Training is expected to improve the employability and value
employees can provide; including new hires in these training sessions can also
maximize your funding potential.
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