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thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected] Access funding through Regional, Provincial and Federal Government programs to address your needs in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development, and Green or Energy Efficiency Initiatives. 1. R&D AND INNOVATION INCENTIVES Research & Development Support Accelerate Mitacs Matching funding starting at $15,000 Available to employers partnering with university researchers to develop a research project. Clean Energy Innovation Natural Resources Canada Funding on case by case basis Available to support technology research that supports sustainable economic growth and a transition to a low- carbon economy. GSK Life Sciences Innovation Fund GlaxoSmithKline Inc. Funding on case by case basis Intended to support early stage translational research in which pre-clinical Proof-of-Relevance is being determined. Ontario Innovation Tax Credit Ministry of Finance Refundable tax credit of 8% for qualified expenditures capped at $3 million Available to corporations that undergo scientific research and experimental development, performed in Ontario. Ontario Research and Development Tax Credit Ministry of Finance Non-refundable tax credit of 3.5% for qualified expenditures Available to corporations that undertake scientific research and experimental development expenditures performed in Ontario. Quantum Leap CQDM Funding assessed on a case-by-case basis Available to small and medium-sized enterprises and academic researchers to develop commercially-viable innovative technologies, tools and platforms to accelerate or facilitate the drug discovery/development process. Scientific Research and Experimental Development (SR&ED) Tax Incentive Program Canada Revenue Agency Refundable input tax credit:35% of qualified expenditures of a maximum of $3 million & Non-refundable input tax credit: 15% of qualified expenditures over $3 million Available for Canadian-controlled private corporations, of all sizes and in all sectors, that conduct research and development in Canada. Small Business Innovation Challenge Ontario Centres of Excellence 100% of eligible project costs to a maximum of $100,000 for phase 1 (Feasibility and Merit) and up to 75% of eligible project cash costs up to $1 million for phase 2 (Product Development and Demonstration) Supports the growth of high-potential, technology-driven small and medium-sized enterprises in Ontario, using public sector challenges as a platform to develop and test innovative technology solutions.

Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

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Page 1: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

Access funding through Regional, Provincial and Federal Government programs to address your needs in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development, and Green or Energy Efficiency Initiatives.

1. R&D AND INNOVATION INCENTIVES Research & Development Support Accelerate Mitacs

Matching funding starting at $15,000 Available to employers partnering with university researchers to develop a research project.

Clean Energy Innovation Natural Resources Canada

Funding on case by case basis Available to support technology research that supports sustainable economic growth and a transition to a low-carbon economy.

GSK Life Sciences Innovation Fund GlaxoSmithKline Inc.

Funding on case by case basis Intended to support early stage translational research in which pre-clinical Proof-of-Relevance is being determined.

Ontario Innovation Tax Credit Ministry of Finance

Refundable tax credit of 8% for qualified expenditures capped at $3 million Available to corporations that undergo scientific research and experimental development, performed in Ontario.

Ontario Research and Development Tax Credit Ministry of Finance

Non-refundable tax credit of 3.5% for qualified expenditures Available to corporations that undertake scientific research and experimental development expenditures performed in Ontario.

Quantum Leap CQDM

Funding assessed on a case-by-case basis Available to small and medium-sized enterprises and academic researchers to develop commercially-viable innovative technologies, tools and platforms to accelerate or facilitate the drug discovery/development process.

Scientific Research and Experimental Development (SR&ED) Tax Incentive Program Canada Revenue Agency

Refundable input tax credit:35% of qualified expenditures of a maximum of $3 million & Non-refundable input tax credit: 15% of qualified expenditures over $3 million Available for Canadian-controlled private corporations, of all sizes and in all sectors, that conduct research and development in Canada.

Small Business Innovation Challenge Ontario Centres of Excellence

100% of eligible project costs to a maximum of $100,000 for phase 1 (Feasibility and Merit) and up to 75% of eligible project cash costs up to $1 million for phase 2 (Product Development and Demonstration) Supports the growth of high-potential, technology-driven small and medium-sized enterprises in Ontario, using public sector challenges as a platform to develop and test innovative technology solutions.

Page 2: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

Southern Ontario Fund for Investment in Innovation FedDev Ontario

Interest-bearing business loans of a maximum of $500,000 Available to high-growth, innovative small and medium-sized enterprises to support innovation and growth.

Strategic Innovation Fund Innovation, Science and Economic Development Canada

Repayable and non-repayable contributions assessed on a case-by-case basis Available to firms of all sizes across all of Canada’s industrial and technology sectors to encourage research and development, facilitate the growth and expansion of firms, attract and retain large scale investments and advanced collaboration with academia and non-profit organizations.

Research & Academic Partnership Support Collaborative Research and Development Grants Natural Sciences and Engineering Research Council of Canada

Matching funding to a maximum of $500,000 Available to companies undertaking research and development projects with university researchers.

Collaboration Voucher Program: Voucher for E-Business Ontario Centres of Excellence

Funding up to $25,000 Available to companies seeking resources and support from Ontario colleges to implement online tools to drive innovation.

Collaboration Voucher Program: Voucher for Innovation and Productivity Ontario Centres of Excellence

Funding up to 50% of eligible research costs, with a maximum of $20,000 (VIP I) and $50,000 (VIP II) Available to companies seeking partnerships with academia to develop innovative products, processes and services with a focus on expanding export markets.

College and Community Innovation Program – Applied Research and Development Grants Natural Sciences and Engineering Research Council of Canada

Funding up to $75,000 per year Available to companies undertaking applied research and development projects with college researchers.

Colleges Applied Research & Development Fund – College Strategic Sector/Cluster/Technology Platform Program Colleges Ontario, Ontario Centres of Excellence and the Ministry of Research, Innovation and Science

Matching funding of up to $1 million to support eligible research and development costs Funding to support industry-college projects to address sector or cross-sector-wide research and development challenges, align with college Strategic Mandates and enhance the capability of companies.

Colleges Applied Research & Development Fund – College Voucher For Technology Adoption Colleges Ontario, Ontario Centres of Excellence and the Ministry of Research, Innovation and Science

Funding up to a maximum of $250,000 to support eligible research and development costs Connects companies with the expertise and resources available at Ontario colleges to identify and solve their business and innovation challenges.

Colleges Ontario Network for Industry Innovation Ontario Centres of Excellence

Access to space and equipment, talented faculty and students as well as case-by-case funding Available to Ontario companies looking for applied research,

Page 3: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

development and commercialization expertise. Elevate Mitacs

$50,000 minimum annual stipend and training curriculum valued at $7,500 per year A postdoctoral fellowship with a customized research management training program for business partnerships with postdoctoral fellows.

Engage Grant Natural Sciences and Engineering Research Council of Canada

Maximum funding of $25,000 Available to university or college researchers interested in undertaking short-term research and development projects with private sector companies.

Globalink Mitacs

Matching funding starting at $7,500 for a 16 to 24 week project Bilateral collaboration between business and Canadian or international researchers.

High Performance Computing Southern Ontario Smart Computing Innovation Platform, SOSCIP

Advanced Computing Solutions SOSCIP is a research and development consortium that pairs academic and industry researchers with advanced computing tools to fuel Canadian innovation within the areas of agile computing, cities, mining, health, digital media, energy, cybersecurity, water and advanced manufacturing.

Ontario Business Research Institute Tax Credit Ministry of Finance

Refundable tax credit: 20% of qualified expenditures capped at $20 million annually Available to corporations undergoing scientific research and experimental development work performed in Ontario and under contract with eligible research institutes.

TalentEdge Fellowship Program Ontario Centres of Excellence

$35,000 funding per twelve-month fellowship Support to access PhD graduated and post-doctoral fellows to work on industry-driven research and development projects.

International Partnerships Canadian International Innovation Program Global Affairs Canada and National Research Council of Canada Industrial Research Assistance program

Funding assessed on a case-by-case basis Seed funding for industrial R&D partnerships and matchmaking activities between Canadian companies and foreign partners working in Brazil, India, China and South Korea with a focus of accelerating commercialization and facilitating market access.

EUREKA National Research Council Canada-Industrial Research Assistance Program

Projects financed through national public and private funding mechanisms including NRC’s Industrial Research Assistance Program (IRAP) Available to small and medium sized enterprises looking for an international network to conduct market-driven industrial research and development that includes European Union countries, Israel, and South Korea.

Eurostars Funding approximately $250 CDN per project reviewed

Page 4: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

National Research Council Canada-Industrial Research Assistance Program

Available to small and medium sized enterprises performing research and development with a focus on a technological area with an aim to develop a new product, process or service alongside partner(s) or other participant(s) in Eurostars countries (European Union).

Going Global Innovation Global Affairs Canada

Maximum of75% of eligible expenses or $75,000 per project Available to small or medium-sized enterprises who aim to commercialize technology by pursuing collaborative international research and development opportunities through partnerships with key players in foreign markets.

2. GLOBAL EXPANSION INCENTIVES

Global Market Access AgricMarketing Program Agriculture and Agri-Food Canada

Up to 50%, to a maximum of $100,000 over two years, for eligible costs Available to support small and medium sized agriculture and food based companies implement international export plans.

CanExport Global Affairs Canada

Reimburses 50% of eligible expenses, up to a maximum of $99,999 Available to small and medium-sized businesses registered in Canada that are seeking to develop new export opportunities and markets, especially high-growth emerging markets.

China Angels Mentorship Program Ontario Centres of Excellence and the China Canada Angels Alliance

Capital investment of up to $500,000 from China Canada Angels Alliance investors with potential co-investment through the Market Readiness Investment Program and access to Chinese investors and mentors to develop Chinese market opportunities Support for start-ups to prepare their businesses for the Chinese market.

Export Fund – Film and Television Ontario Media Development Corporation

Maximum funding $15,000 capped at 50% of total costs Available to eligible Ontario producers that pursue strategic export development activities (e.g. targeted sales trips, attendance at international market events, etc.) that support company growth and produce measurable business development results.

Export Market Access Ontario Chamber of Commerce

Up to 50% of eligible costs incurred to develop export sales Available to small and medium-sized enterprises that are looking for access to expand their growth in foreign markets.

Investing in Business Growth and Productivity FedDev Ontario

Repayable contribution of 25% of eligible costs to a maximum of $20 million per project Available to small and medium-sized enterprises to help expand their markets and facilities, adopt new technologies and processes to improve productivity, and increase business capacity to participate in global markets and integrate into

Page 5: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

global value chains. Ontario Exporters Fund Ontario Chamber of Commerce

50% of eligible costs associated with hiring an experienced Export Manager, to a maximum of $80,000 Available for Ontario small to medium-sized enterprises within the following priority sectors; Advanced Manufacturing, Aerospace, Building Products and Construction, Clean Technology, Exportable Professional Services, ICT, and Life Sciences.

Ontario Scale-Up Vouchers Program Ministry of Economic Development and Growth and the Ministry of Research, Innovation and Science

Access to a network of Growth Coaches and vouchers to offset between $150,000 to $250,000 in eligible expenses Available to high-potential Ontario technology and innovation-based firms aiming to become globally competitive.

ScaleUP Ventures

Funding assessed on a case-by-case basis Available to high-potential Ontario start-up companies looking for investment and mentorship opportunities in order to expand their business to the global market.

Soft Landing Canadian Digital Media Network

Up to $4,000 to reimburse transportation and accommodation costs Available to qualified, mature start-ups that are looking to open new markets, close international sales, secure investment and connect with new partners abroad.

Shipping Support Canada Post’s Large-Volume Business Canada Post

Discounts apply on a volume-basis Available to businesses shipping more than 1,250 parcels a year or sending more than 100,000 pieces of direct mail annually.

Canada Post’s Small Business Canada Post

Membership- based program to reduce shipping costs Available to small businesses shipping fewer than 1,250 parcels and sending less than 100,000 pieces of direct mail in a year.

Customs Bonded Warehouses Canada Border Services Agency

Savings program for companies with storage facilities under the authority of the Canada Border Service Agency. Available to companies both importing and exporting goods.

Drawback Program Canada Border Services Agency

Qualified companies may be refunded customs duties paid for imported goods Available to companies whose imported goods are eventually exported or when imported goods go beyond their natural shelf life, become obsolete, or become surplus.

Duties Relief Program Canada Border Services Agency

Qualified companies import goods without paying duties Available to companies that import goods that are later exported as-is, or that import goods to produce other goods for export.

3. COMMERCIALIZATION AND BUSINESS DEVELOPMENT INCENTIVES Strategic Investments & Technology Adoption

Page 6: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

Automotive Supplier Competitiveness Improvement Program Automotive Parts Manufacturer’s Association, Ontario Centres of Excellence and the Ministry of Economic Development and Growth

A grant of up to 50% of eligible expenses, to a maximum of $100,000 Available to industry partners (including an automotive supplier) to undertake technology adoption or a mentorship pilot program.

Business Loans Business Development Bank of Canada

Funding assessed on a case-by-case basis Available for entrepreneurs looking to expand production, purchase new equipment or access financing for a special project.

Dairy Process Investment Fund Agriculture and Agri-Food Canada

Non-repayable contributions to support capital investments or access to expertise Available to dairy processors for investments that will improve productivity and competitiveness, as well as help them prepare to market changes resulting from the Canada-European Union Comprehensive Economic and Trade Agreement.

Equipment Purchase Financing Business Development Bank of Canada

Business loans for equipment financing Available to companies purchasing equipment and looking for solutions to offer flexible repayment terms that foster business growth (equipment financing or equipment line options).

Jobs and Prosperity Fund Ministry of Economic Development and Growth

A grant of up to 20%, a loan of up to 40% or a combination of grants and loans of up to 40% of eligible project costs Funding available for strategic investments in the following streams; Food and Beverage, New Economy (including Advanced Manufacturing, Life Sciences, ICT and anchor investments), and Forestry.

Jobs and Prosperity Fund: Strategic Partnerships Stream Ministry of Economic Development and Growth

A grant of up to 66% of eligible project costs, to a maximum of $25 million Funding available for open innovation partnerships between a business and at least one other company, research institution, supplier, investor, or customer. Technology development should focus on enabling technologies (those with the potential to transform a range of industries).

Commercialization CENGN Projects Centre of Excellence in Next Generation Networks

Commercialization support $50,000 to $100,000 Available to small and medium-sized technology companies, start-ups or researchers that are looking to commercialize innovative technologies, products, applications or services.

Excellence in Clinical Innovation Technology Evaluation (EXCITE) MaRS

Funding administered over the course of project milestones Available to health technology innovators looking to be connected with experienced, award-winning researchers to get the right evidence and data they need to show the value of

Page 7: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

their product. Health Technologies Fund Ontario Centres of Excellence

Up to 50% of eligible project costs to a maximum of $1,000,000 over 24 months Program aims to accelerating health technology evaluation, procurement, adoption and diffusion in the Ontario health system and foster collaboration between public health service providers, patients, academia and industry.

I3 Customer Demonstration Program Ontario Centres of Excellence

Up to 50% of eligible project expenditures, to a maximum of $50,000 Commercialization support for small and medium sized enterprises that have a validated innovative smart computing product or service ready for demonstration.

Investment Accelerator Fund MaRS

Funding of $500,000 Available to IT, Health and Cleantech companies that are in the early-stage of technology, close to commercialization, ideally have a product that has been built, and there is some early market traction.

Market Readiness Investment Program Ontario Centres of Excellence

Co-investment: $125,000 for phase 1 (Market Readiness Customer Creation Program) based on matching funding, and $250,000 for phase 2 (Market Readiness Company Building Program) Financial support for companies in early-stage commercialization stage that are looking to scale their business. The program supports companies in both the Customer Creation (CC) and Company Building (CB) stages of the Customer Development Model, as defined by Lean Start-up principles.

Financing & Venture Capital ArcTern Ventures MaRS

Funding assessed on a case-by-case basis Available to breakthrough cleantech start-ups that are looking to solve climate change issues.

Canada Small Business Financing Program Industry Canada

Maximum loan of $1M Available for small businesses or start-ups operating for profit in Canada with gross annual revenues of $10 million or less.

Catalyst Fund MaRS

First round investment of between $150,000 and $350,000; Second round investments are two-to-three times the first-round amount when appropriate Provides funding and support to Canadian companies pursuing social and environmental outcomes with business models that scale.

Cybersecurity Fintech Technology Development and Demonstration Projects Ontario Centres of Excellence

Up to 50% of eligible project costs to a maximum of $100,000 Available to start-ups with innovative cybersecurity products/services looking to be matched with large and medium sized Financial Institutions (end users of the

Page 8: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

technologies) to develop and/or demonstrate cybersecurity solutions in the finance sector.

Investing in Business Innovation FedDev Ontario

Funding up to $20 million per project and up to 100% of eligible costs Available to new entrepreneurs in Southern Ontario to assist in business start-up and attraction of private angel and /or venture capital.

Ontario Emerging Technologies Fund Ontario Capital Growth Corporation

Venture capital investments assessed on a case-by-case basis Available to innovative, high-growth, private, Ontario companies experiencing a challenge in raising capital within the following sectors: clean technologies; life sciences and advanced health technologies; digital media and information; and communications technologies.

Venture Capital Business Development Bank of Canada

Venture capital investments Venture capital fund focuses on early stage technologies. Three venture fund teams; Industrial, Clean and Energy Technology Fund, Healthcare Fund, and IT Fund.

Business Supports Industry Development Program Ontario Media Development Corporation

Funding assessed on a case-by-case basis Available to Ontario’s established trade and event organizations to offer initiatives, events and activities that stimulate the growth of the cultural media industries.

Interactive Digital Media Fund Ontario Media Development Corporation

Funding dependent on program stream Available to Ontario’s cultural entrepreneurs and established trade and event organizations to create new products, access existing and new markets and grow their business.

Matching Investment Fund Canadian Dairy Commission

Non-repayable contributions; 50% of eligible costs up to a maximum of $150,000 Available for companies and Food Technology Centres with product development initiatives that help stimulate demand for Canadian dairy products and ingredients.

OCE-Fintech Sandbox Partnership Ontario Centres of Excellence

Access to data, networks, platforms, and events for the fintech sector Available to fintech small and medium sized enterprises and start-ups throughout Ontario looking for free access to critical data and resources.

Ontario Computer Animation & Special Effects Tax Ontario Media Development Corporation

Refundable tax credit of 18% of eligible Ontario labour expenditures Available to companies to cover labour expenditures incurred to eligible computer animation and special effects activities.

Ontario Interactive Digital Media Tax Credit Ontario Media Development Corporation

Refundable tax credit of 40% for eligible labour, marketing and distribution expenditures Available to qualifying corporations for expenditures related to the creation of eligible interactive digital media products.

Page 9: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

Tax Incentives and Credits Ontario Small Business Deduction Ministry of Finance

Reduces the corporate income tax rate on the first $500,000 of active business income to 3.5% Available to Canadian-controlled private corporations.

Ontario Tax Credit for Manufacturing and Processing Ministry of Finance

Tax credit to reduce the corporate income tax rate to 10% Available to manufacturing and processing companies if the corporation has had Ontario taxable income during the tax year as well as eligible Canadian profits from manufacturing and processing, fishing, farming, mining and logging.

Ontario Tax Exemption for Commercialization Ministry of Research and Innovation and Science

Tax refund determined by Minister of Revenue based upon Applicant’s assessment Available to companies that are commercializing IP developed at Canadian universities and colleges and operate in the following sectors; advanced health, bioeconomy, telecommunications, computer, or digital technologies production.

Early Stage & Pre-Commercialization Support Build in Canada Innovation Program Public Works and Government Services Canada

Maximum funding $500,000 for non-military innovations - $1M for military Available to companies of all sizes to help move their state-of-the-art goods and services from the laboratory to the marketplace.

Innovative Solutions Canada Government of Canada

Funding assessed on a case-by-case basis Procurement program to support the development of early-stage, pre-commercial businesses.

ODX Ventures Open Data Exchange (ODX)

Financial support of up to $50,000 Available to start-ups, small and medium sized enterprises that use Canadian open data for company products or services, and that are looking to develop their products, stimulate market traction and scale-up their company.

4. HIRING AND WORKFORCE DEVELOPMENT INCENTIVES Training and Skills Development Canada-Ontario Job Grant Employment and Social Development Canada/Ministry of Advanced Education and Skills Development

Maximum of $10,000 per person Available to employers who wish to purchase training for existing and new employees. As part of the Job Grant, employers may apply for Canada-Ontario Job Grant Customized Training and UpSkill pilot training programs.

Labour Market Partnerships Ministry of Advanced Education and Skills Development

Funding awarded to each project will vary depending on the project

Page 10: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

Available to companies that address a labour market issue and include two or more partners, in order to promote the creation of broad industry/community partnerships necessary to address labour market issues.

Ontario Job Creation Partnerships Ministry of Advanced Education and Skills Development

Employee salary coverage via EI benefits Available to employers for up to 52 weeks to provide new skills and experience.

Union Training and Innovation Program: Investments in Training Equipment Stream Employment and Social Development Canada

Maximum $5,000,000 annually per project - Cash contributions equal to or greater than 10% of total eligible project costs must be provided through sources other than the Government of Canada Project activities must relate to activities that support the purchase of equipment and/or materials for the purpose of training in a Red Seal trade. Open to unions representing workers in the Red Seal trades.

Union Training and Innovation Program: Innovation in Apprenticeship Stream Employment and Social Development Canada

Maximum $5,000,000 annually per project - Cash contributions equal to or greater than 10% of total eligible project costs must be provided through sources other than the Government of Canada Projects must support the development, testing, evaluation and promotion of innovative approaches to address challenges to participating and succeeding in the Red Seal Trades; or the expansion and/or replication, including evaluation, of best practices to support individuals to prepare for, or progress in and complete an apprenticeship in the Red Seal Trades.

Apprenticeships Apprenticeship Completion Employer Bonus Ministry of Advanced Education and Skills Development

$1,000 taxable cash grant Available for each apprentice employed and trained who completes their apprenticeship, receives a Certificate of Apprenticeship and where, applicable, a Certificate of Qualification. Restricted to trades outside the 129 GAGE program (see below)

Apprenticeship Job Creation Tax Credit Canada Revenue Agency

Non-refundable tax credit: 10% of eligible salaries and wages, maximum of $2,000 per year per apprenticeship Available to employers who hire a registered apprentice working in a prescribed trade in the first

Page 11: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

two years of their apprenticeship contract.

Graduated Apprenticeship Grant for Employers, GAGE Ministry of Advanced Education and Skills Development

Up to $19,200 to Train an Apprenticeship Eligibility and distribution of grant is done automatically once an apprentice is registered. Eligibility restricted to 129 identified trades and successful completion of training levels and receipt of final certification.

Youth and Underemployed Programs Canada Summer Jobs Employment and Social Development Canada

Employer Wage Subsidy Eligibility restricted to public sector and small businesses that hire 15-30 year old, returning full-time students.

Career Focus Local and Regional Projects Employment and Social Development Canada

Maximum of 80% of eligible costs - recipients required to cover a minimum of 20% of total project costs Funding for employers and organizations to design and deliver a range of activities that enable youth to make more informed career decisions and develop their skills.

Employing Young Talent Incentive Ministry of Advanced Education & Skills

$2,000 per youth hire to a maximum of $50,000 per employer Funding is available for employers with less than 100 employees, for the hiring and subsequent retention of youth (below 30 years old).

Opportunities Fund for Persons with Disabilities Employment and Social Development Canada

Funding awarded to each project will vary depending on the project Available to for-profit organizations working on projects that will help people with disabilities prepare for, obtain and maintain employment or self-employment.

Opportunities Fund Wage Subsidy Program BioTalent Canada

Maximum of $13,500 towards a salary Available to Canadian biotechnology companies in the private sector needing to fill any position within the company (e.g. research, business, manufacturing, production, commercialization, quality control/assurance, sales, regulatory affairs, biosafety and more). Program designed to alleviate the low employment of persons with disabilities.

Skills Link Employment and Social Development Canada

Maximum of $25,000 Available to hire and train a minimum of 8 youth (ages 15-30) who face barriers to employment.

Youth Employment Programs Maximum of $30,000 per graduate

Page 12: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

National Research Council Canada Funding is available under two Youth Programs: Youth Employment Program (YEP) and Youth Employment Program – Green (Youth-Green).

Internships and Post-Graduate Hiring BioReady Paid Internship Program BioTalent Canada

Wage subsidy program, covers up to $11,500 per intern Program aims to assist internationally educated professionals integrate into the Canadian bio-economy.

Career Connect Mitacs

Wage subsidy at up to 50% of the intern salary Available to companies looking for talent that will grow their business through projects that aim to protect the environment, create positive environmental outcomes, or address an environmental or climate change-related challenge.

Career Launcher Internships Colleges and Institutes Canada

Maximum of $15,000 per employer Funding available for employers offering skilled graduate internships in the areas of clean technology and natural resources.

Co-Operative Education Tax Credit Ministry of Finance

Refundable tax credit: 25%-30% of eligible expenditures and a maximum of $3,000 per work placement Available to employers who hire students enrolled in a co-operative education program at an Ontario university or college.

ECO Wage Subsidies ECO Canada

Up to 50% of an intern’s salary, to a maximum of $15,000 Available to employers that work in science, technology, engineering, mathematics (STEM) or natural resources looking to hire for a new full-time environmental job.

Experience Awards Natural Sciences and Engineering Research Council of Canada

Maximum of $4,500 for a 16-week work term Encourages companies to access natural sciences and engineering undergraduate students for a work term to address company-specific R&D challenges.

Green Jobs Program Mining Industry Human Resources Council

Up to 50% of an intern’s salary, to a maximum of $12,000 Available to small, medium, or large Canadian companies involved in the mining or mineral exploration sector with an established payroll system, well-developed training plan and a process for supervising and mentoring interns.

Page 13: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

Science Horizons Youth Internship Program BioTalent Canada

Wage subsidy program, covers up to $15,000 per intern Program aims to assist recent graduates in science, technology, engineering, or mathematics (STEM) gain work experience.

Student Work-Integrated Learning Program BioTalent Canada

Maximum 50% of the wage cost for the placement or $5,000; Maximum 70% or $7,000 per placement for first-year students and under-represented groups (women, indigenous students, people with disabilities and newcomers) Available to employers, including small and medium-sized enterprises, post-secondary education institutions, industry associations and organizations that represent the interests of businesses in key sectors in science, technology, engineering, mathematics (STEM) and business.

TalentEdge Internship Program Ontario Centres of Excellence

$10,000 funding per four-month internship Support to access college/university students and recent Masters graduates to work on industry-driven research and development projects.

Young Canada Works at Building Careers in English and French Canadian Heritage

Up to 75% cost subsidy for an international internship, maximum $13,000 Available to incorporated businesses that provide services in English and French looking to hire interns internationally.

5. GREEN AND ENERGY EFFICIENCY INCENTIVES Energy Efficiency & Conservation Conservation Fund Independent Electricity System Operator

Funding assessed on a case-by-case basis Supports innovation conservation technologies, practices, research and programs that have the potential to deliver significant energy savings.

Demand Response Auction Independent Electricity System Operator

Case by case opportunity Opportunity to generate revenue by shifting energy use on short notice.

Enbridge Commercial Programs Enbridge

Funding varies with commercial office upgrade or installation type Eligible upgrades and installations include high efficiency heating, energy management, water conservation and ventilation equipment.

Enbridge Industrial Programs Enbridge

Funding varies with industrial program type Eligible services and projects include energy assessment and management incentives, fixed

Page 14: Access funding through Regional, Provincial and Federal ...€¦ · in R&D and Innovation, Global Expansion, Commercialization and Business Development, Hiring and Workforce Development,

thefutureisunlimited.ca Connect with Mississauga’s Economic Development Office today. 1-800-456-2181 or [email protected]

incentives for upgrades and new installations, and incentives for greenhouse operations.

Energy Efficiency for Industry Financial Assistance Natural Resources Canada

Up to 50% of eligible costs to a maximum of $40,000 Available for industrial companies that are implementing energy management projects, including CAN/CSA-ISO 50001 Energy Management Systems Standard pilots and Process Integration and Computational Fluid Dynamics studies.

Global Adjustment Class A Eligibility Independent Electricity System Operator

Case by case opportunity for energy savings Opportunity to reduce electricity bills by reducing peak energy use.

Industrial Accelerator Program Independent Electricity System Operator

Incentives vary within four program streams – Retrofit, Process & Systems, New Construction, and Energy Managers Available to high-voltage, transmission-connected companies looking to fast track capital investment in major energy conservation projects within the four streams.

Save Money & Energy Union Gas – An Enbridge Company

Incentives vary with specific program stream Available for businesses looking to improve company’s energy efficiency and return on investment through the following: space heating, water heating, food service, custom engineering and commercial savings by design.

Save-on-Energy: Business Incentive Programs Independent Electricity System Operator

Funding varies according to specific incentive Programs include incentives for energy efficiency retrofits, lighting upgrades, energy audits and managers, refrigeration upgrades and incentives for small businesses.

Clean Technology and Infrastructure Support

Cleantech Financing Export Development Canada

Funding assessed on a case-by-case basis EDC provides financing, risk protection, market knowledge and global contacts in support of high-impact clean technology projects.

Cleantech Funding Business Development Bank of Canada

Funding assessed on a case-by-case basis Dedicated financial capital and advice for clean technology firms.

Climate Financing Canadian Trade Commissioner Service

Funding varies according to specific project Available to Canadian firms with services that can help developing countries mitigate the effects of climate change.

Green Focus on Innovation and Technology (GreenFIT)

Procurement and Innovative Green Solution Opportunities

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Ministry of Government and Consumer Services Available to companies looking for opportunities to apply their innovative green technologies to address Government of Ontario needs and showcase their technologies.

Low-Carbon Enterprises Toronto Atmospheric Fund

Financing structures vary and offered on a case-by-case basis Available to businesses looking to accelerate the adoption of new, low-carbon technologies but are facing difficulty accessing capital, are undergoing clients’ lack of familiarity with new technology, and the absence of a track-record in the marketplace.

Low Carbon Economy Fund Government of Canada

$1-50 million per project Available for market-ready technologies that reduce greenhouse gas emissions.

SD Tech Fund Sustainable Development Technology Canada

Non-repayable grants of up to 33% of eligible project costs, with an average contribution of $2 million to $4 million Available for projects that are pre-commercial and have the potential to demonstrate significant and quantifiable environmental and economic benefits in one or more of the following areas: climate change, clean air, clean water, and clean soil.

Social Innovation Toronto Atmospheric Fund

Funding assessed on a case-by-case basis Available to creative, high-impact projects that address climate change and/or air pollution in the GTHA.

Sky’s the Limit Challenge Natural Resources Canada

$2 million each to four winners Competition that rewards biojet fuel development.

TargetGHG Ontario Centres of Excellence

Funding on a case by case assessment Program intended to support both the development and adoption of technologies that reduce greenhouse gas emissions in large industrial plants.

Renewable Energy Generation

microFIT Program Independent Electricity System Operator

Participants paid a fixed-price over a 20-year term (40 years for waterpower projects) Available to small- or “micro” renewable electricity generation projects (10 kW or less in size) including biogas, renewable biomass, landfill gas, solar photovoltaic, waterpower and wind

Green Job Supports

Career Focus Green Jobs BioTalent Canada

Wage subsidy program, covers up to $13,500 per hire

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Program aims to encourage employment opportunities that have a green mandate or any job with an employer that has an environmental focus.

Please note: Government funding is subject to change at any time. The information in this document was updated October 2 2018. All financial incentives are based on eligibility requirements as set out by the funders. Specific eligibility requirements apply for each program. Contact the listed agencies for more detailed information.