Grant Synergy

Funding Programs

There are five main sectors that government funding focuses on. These include:

Hiring & Training: Help ensure your company is running with the most qualified and trained employees. Government funding can help you cover costs to hire and train staff in new areas of technology, processes, and essential skills.

• Canadian-Ontario Job grant
  Up to $10,000 per employee. $15,000 for small businesses (<100 employees) with new hires.
• Funding for recent Post-Secondary Graduates
  Up to 80% of recent post-secondary grad’s wages during the first 12 months of employment. Typically $25,000 – $30,000 per hire.
• STEM and Business Student Co-ops and Interns
• From 75% up to $7,500 non-repayable funding.
• Manufacturing Ontario Training Program
• Up to $100,000 grant or 25-50% of trainer costs (third party or in-house) and 25-50% of trainees’ internal labour costs.

Expansion & Capital Investment: Allow your business to grow with government funding to help cover the cost of capital investments including leasehold improvements/building expansions, equipment/machinery, marketing, software., etc.

• Jobs & Growth Fund
  Eligible businesses could receive interest-free repayable contributions for up to 50% of eligible costs, not-for-profit organizations could receive 90%, indigenous organizations may receive up to 100%.
• CAP – Canadian Agriculture Partnership Agri-Food Energy Costs Savings Initiative
  20% of eligible cost to a maximum $300,000 in funding per project.
• Southwestern Ontario Development Fund (SWODF)
  Up to 15% of eligible project expenses to a maximum of $500,000 for small and rural companies.
• Business Scale-up and Productivity
  Interest free, repayable loan from $500,000 to $10 million.
• CME Technology Investment Program
  Up to 50% funding to a max of $50,000 for eligible expenses.

Research & Development: Stay competitive in your industry with funding to help cover costs of continual innovation to your business processes, products, and/or services.

• SR&ED (Scientific Research & Experimental Development)
  Canadian Controlled Private Corporations: Can earn a refundable tax credit at the enhanced rate of 35% on qualified projects of $3 million and a basic rate of 15% on any amount over $3 million.
• Industrial Research Assistance Program (IRAP)
  Up to $50,000 to  fund research, development and commercialized technology projects.
• Scale AI Supercluster
  Up to 40% of total project costs.
• Canadian Food Innovation Network (CFIN)
  Up to 50% of eligible expenses.
  

Export Growth: Looking to expand your product into new market areas? Export Growth funding can provide financial support to help you reach new foreign partners, grow your business abroad, and attract potential foreign investors.

• • CanExport SMEs
    Up to 50% funding to a maximum $50,000 per project. (Average grant approvals range between $40K-60k per project).
  • CanExport Innovation
    Up to 50% of expenses covered, max $50,000 per project.
  • Export Guarantee
    Determined based on credit rating, amount of financing needed and duration of coverage. Cannot exceed $10 million

Environmental Funding:  The Government of Canada has specific funding opportunities to support projects that help or directly contribute to restoring and protecting water quality, address plastic pollution and climate change, the recovery of species at risk, and improve sustainability of ecosystems.

• Hiring Grants
  Up to 80% of new hire’s salary to a maximum of $25,000.
• Zero-Emission Vehicle Infrastructure Program
  Up to 50% to a maximum of $5,000,000 per project.
• Energy Innovation Program
  Up to 75% of total costs covered for research & development projects and 50% for demonstration projects.
• Green Municipal Fund
  Funding ranges from 50% to 80% of eligible expenses covered based on sector project is in.
• thrive FORWARD
  Up to 50% of costs reimbursed up to $100,000
• CME Smart Green Funding
  Up to 50%  of eligible costs up to $200,000