With the changes in the economy with inflation and supply chain issues, 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 21 grants in August of 2022 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:
1. 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. Currently there are two open funding opportunities: “Apprenticeship Incentive Grant for Women” and “Enabling Accessibility Fund - Youth innovation projects for Youth accessibility leaders.” Click here to view more details.
2. 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. The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. Click here to view more details.
3. Canada Small Business Financing Program
The Canada Small Business Financing Program helps Canadian small businesses secure loans by sharing risk with lenders, therefore making it easier to get loans from financial institutions. This program is offered through Innovation, Science, and Economic Development Canada and interested businesses can apply directly through their Canadian financial institution of choice. Click here to view more details.
4. 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. Click here to view more details.
Business Grants - British Columbia:
5. Canada-B.C. Job Grant
Receive up to $300,000 for Skills Training. The B.C. Employer Training Grant provides funding to small, medium and large enterprises to support skills training for their workforces, including prospective new hires. Employees can apply as often as they need and may receive up to $10,000 per employee, with a maximum annual amount per employer of $300,000. The Province will reimburse employees 80% of eligible training costs. The employer must contribute the remaining 20%. Applicants will no longer need to choose between streams when applying. Click here to view more details.
Business Grants - Northern British Columbia:
6. 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. Northern Development will accept Competitiveness Consulting Rebate applications on a continuous basis until the annual budget is committed. Northern Development’s fiscal year is January to December. Click here to view more details.
7. Small Business Recovery (SBR) Consulting Rebate
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 business operations and recover business health and profitability to pre-event levels. The SBR Consulting Rebate will reimburse small and medium sized businesses (operators) for contracted consulting services. Click here to view more details.
8. 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. Click here to view more details.
9. 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. Northern Development approves Marketing Initiatives projects on a quarterly basis. Click here to view more details.
Grants for Wage Subsidies:
10. 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. Click here to view more details.
11. 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. Click here to view more details.
12. Career Ready Program - TECHNATION
As a part of the Government of Canada’s Student Work Placement Program (SWPP), TECHNATION’s wage subsidy program, Career Ready supports businesses by financing their decision to hire a student for a work-term placement. This in turn creates a rewarding opportunity for the student to apply their learning in real-world settings and puts them on a path to a bright career. The program provides 50% (to a maximum of $5000.00) of a student’s pay in wage subsidies to employers. Click here to view more details.
13. Innovate BC - Tech Coop Grants
Innovate BC is pleased to offer the Tech Co-op Grants Program to support talent development in B.C.’s technology sector. Tech companies and nonprofits hiring for any role and non-tech companies hiring for tech-specific roles can receive funding through this program to help subsidize their co-op student's salary. B.C.-based companies if up to 500 employees can receive up to four $5,000 grants - that’s $20,000 per year = to hire co-op students. Click here to view more details.
14. Innovative BC - Innovator Skills Initiative
Get up to $10,000 to hire a new employee from an under-represented group.
The Innovator Skills Initiative provides up to $10,000 to help employers hire a new employee. The program helps underrepresented people get their first job in B.C.’s tech sector and supports companies facing skills shortages to grow and expand. Click here to view more details.
15. Mitacs Accelerate
Solve your research challenges with academic expertise, leveraged funding, and one-to-one support from Mitacs. Internships start at four months and can scale up as much as you need — your financial contribution starts at $7,500. Click here to view more details.
Grants for Research:
16. IRAP Accelerated Review Process (ARP)
If you're a small or medium-sized Canadian business pursuing technology-driven innovation, you may be eligible for financial support from NRC IRAP. We provide this funding to eligible firms under our technology innovation projects and youth employment strategy programs.NRC IRAP provides funding to support research and development projects at various stages of the innovation cycle. Click here to view more details.
Grants for Indigenous Entrepreneurs:
17. 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. There are four rounds of funding each year. The next and final deadline for the year is September 30th. Click here to view more details.
18. 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. There is no deadline to apply. Applications made after all annual funding has been distributed may be considered for the next financial year. Click here to view more details.
19. 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. Click here to view more details.
Other Grants:
20. 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 skill sets. 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. Click here to view more details.
21. 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 skill sets. 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. Click here to view more details.
Need Help to Increase Your Profits? Set up a discovery call with Norm or Dave or Ed!
Send email at info@pivotleader.ca or Call us (250) 617-7467.