Incentives and Funding Programs
In May 2008, Ontario announced a $25-million investment to establish the Centre for Research and Innovation in the Bio-Economy (CRIBE) in Thunder Bay. A seven-member task force was appointed to develop a report with recommendations to the Minister of Research and Innovation on the scope and function of the new centre.
The Centre for Research and Innovation in the Bio-Economy (CRIBE) was established in 2008 through a $25-million provincial initiative to transform the forest products industry in Northern Ontario. It is an independent, not-for-profit research corporation that partners closely with other relevant organizations to provide support to direct and turn research results and innovative business opportunities into operational realities.
Export Market Access
Think your company is too small to be an exporter? Well, think again.
A Global Expansion Program (EMA) is designed to assist small to medium size organizations (SMEs) to access and expand their growth in new foreign markets that are beyond the U.S. If your company has 5 or more employees and annual sales of $500,000 or more, you may qualify for a grant covering up to 50% of eligible costs incurred to develop export sales. Eligible activities include market research, marketing tools, direct contacts and foreign bidding projects. Export Market Access is an initiative of the Ontario Chamber of Commerce, with support and funding from the Government of Ontario.
Aboriginal Business Canada (ABC)
Aboriginal Business Canada
Aboriginal Business Canada is an Indian and Northern Affairs Canada program that provides financial assistance and business information to majority-owned Aboriginal enterprises on- and off-reserve, in urban, rural and remote areas. ABC works with clients of all Canadian Aboriginal heritage groups.