An Ontario corporation is a legal entity that is created and regulated by state laws. For legal, practical, and tax purposes, a corporation is legally separate from any of the people who own, control, manage, or operate it. If you want the advantages of having a corporation, you must follow legal requirements for running it. […]
Tag Archives | Invest in Ontario
Sector-specific grants, loans and support programs for Ontario businesses
Funding for food processing companies The provincial and federal governments provide more than $3 billion in funding and support to Canada’s agriculture and agri-food sector through a variety of grant and loan programs offered through Growing Forward 2 (GF2). In addition to free workshops and resources, GF2 funds activities that encourage innovation, competitiveness and market […]
Ontario Grants and incentives for innovation and R&D
Ontario-based businesses can benefit from a number of government grant and tax incentive programs that drastically reduce the cost of performing research and development activities. Opportunities include: Industrial Research Assistance Program (IRAP) offered through the National Research Council provides financial support to qualified small and medium-sized enterprises (less than 500 employees) in Canada to help […]
Region-specific funding for businesses in Ontario
Depending on which region of Ontario you are based in, your business may be eligible for region-specific funding to support business expansion. Funding for businesses in Southwestern Ontario Southwestern Ontario Development Fund (SWODF) provides grant and loan funding for economic development in southwestern Ontario. The funds support projects that create jobs, encourage innovation, collaboration and […]
Ontario Government grants to cover the cost of hiring and training
Government grants for hiring and training abound for businesses operating in Ontario, with both federal and provincial programs offering as much as $20,000 or more to companies that hire and/or train workers. Here are just a few opportunities your business can cash in on when you hire in Ontario: Access Mitacs funding programs to benefit […]
