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For your convenience please find a list of incentive and funding programs (pdf doc) organized into the following sections:
- Capital Funding
- Digital Media Funding
- Energy Funding
- Export Funding
- Human Resources
- Research and Development
Aurora - Incentives & Services |
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| Data Last Updated: 14 May, 2013 |
Incentives & Financial Support | Capital (+) |
Business Development Bank of Canada
Description: BDC actively supports the development and growth of Canadian small and medium-sized enterprises through its complementary financing, venture capital and consulting services.
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Canada Small Business Financing Program - Industry Canada
Description: Up to $500,000 financing for any one business, of which no more than $350,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment.
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Canadian Youth Business Foundation Start-Up Financing Program
Description: Mentoring, educational resources and start-up financing assistance to aspiring young entrepreneurs.
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NextGen Biofuels Fund - Sustainable Development Technology Canada
Description: A $500 million fund to support establishment of first-of-kind commercial scale demonstration facilities for the production of next-generation renewable fuels (i.e. cellulosic ethanol or next-generation biodiesel) and co-products.
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Ontario Innovation Demonstration Fund
Description: The Innovation Demonstration Fund (IDF) is a discretionary, non-entitlement funding program that focuses on the commercialization and initial technical demonstration of globally competitive, innovative Green technologies, processes and/or products.
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SD Tech Fund - Sustainable Development Technology Canada
Description: A $550 million fund to support late-stage development and pre-commercial demonstration of clean technology solutions contributing to clean air, clean water and clean land, and addressing issues of climate change.
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SMART Program - Canadian Manufacturers & Exporters
Description: Financial assistance for manufacturing productivity improvement projects such as lean design and lean manufacturing, quality improvement, energy efficiency, IT best practices, and environmental impact reduction.
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Strategic Aerospace and Defence Initiative - Industry Canada
Description: Firms, organizations or institutions may apply for investments assistance repayable over the long term in conducting R & D in eligible aerospace and defence technologies.
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| Commercialization (+) |
Conservation Fund
Description: The Conservation Fund provides financial support to new and innovative electricity conservation initiatives designed to enable Ontario's residents, businesses and institutions to cost-effectively reduce their demand for electricity.
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Health Technology and Commercialization Program (HTCP)
Description: The Health Technology and Commercialization Program (HTCP) is a funding program made possible through the Ministry of Research and Innovation (MRI). The HTCP is specifically designed to strengthen Ontario's Medtech cluster. The focus of the HTCP is to fund defined development projects led by Ontario-based companies, large and small, that leverage existing and emerging Medtech partnerships. The primary objective of the applicant's project should focus on the commercial advancement of an innovative product developed in conjunction with a project partner. Partners can include multinational and local companies, and academic and healthcare institutional organizations.
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Innovation Demonstration Fund (IDF) Program
Description: The Innovation Demonstration Fund (IDF) is administered by the Ministry of Economic Development and Innovation and focuses on emerging technologies, with a preference towards environmental, alternative energy, bio-products, hydrogen and other globally significant technologies. The purpose of the IDF is to support Pilot Demonstrations that will lead to the commercialization of processes and/or products in Ontario that are globally competitive, innovative Green technologies.
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MaRS Discovery District (MaRS)
Description: World-class research and business incubation facilities in biomedical innovation and commercialization.
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NextGen Biofuels Fund - Sustainable Development Technology Canada
Description: A $500 million fund to support establishment of first-of-kind commercial scale demonstration facilities for the production of next-generation renewable fuels (i.e. cellulosic ethanol or next-generation biodiesel) and co-products.
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NRC Industrial Research Assistance Program
Description: The National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) provides financial support to qualified small and medium-sized enterprises in Canada to help them develop technologies for competitive advantage. Financial support may be provided for an eligible research and development project, supporting a portion of salary and contractor costs associated with the project.
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Ontario Centres of Excellence Inc.
Description: 6 sector-based centres and various programs to strengthen research linkages between academia and industry.
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Ontario Research Fund - Ontario Ministry of Research and Innovation
Description: Supports the operational costs (direct and indirect) and the capital costs of research of Ontario's research community.
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SD Tech Fund - Sustainable Development Technology Canada
Description: A $550 million fund to support late-stage development and pre-commercial demonstration of clean technology solutions contributing to clean air, clean water and clean land, and addressing issues of climate change.
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| Digital Media (+) |
| EDO-Specialized marketing materials for target sectors (+) |
| Energy (+) |
Conservation Fund
Description: The Conservation Fund provides financial support to new and innovative electricity conservation initiatives designed to enable Ontario's residents, businesses and institutions to cost-effectively reduce their demand for electricity.
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Feed-in Tariff Program - Ontario Power Authority
Description: Procurement program that guarantees specific prices for various forms of renewable electricity production sources, including on-shore wind, hydroelectric, solar, biogas, biomass and landfill gas.
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High Performance New Construction
Description: Financial assistance to promote the design and construction of high performance buildings.
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NextGen Biofuels Fund - Sustainable Development Technology Canada
Description: A $500 million fund to support establishment of first-of-kind commercial scale demonstration facilities for the production of next-generation renewable fuels (i.e. cellulosic ethanol or next-generation biodiesel) and co-products.
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SMART Program - Canadian Manufacturers & Exporters
Description: Financial assistance for manufacturing productivity improvement projects such as lean design and lean manufacturing, quality improvement, energy efficiency, IT best practices, and environmental impact reduction.
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| Export (+) |
Canadian Commercial Corporation (CCC)
Description: International contracting agency provides export-related assistance in military sales and Canadian commitments for international assistance.
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Export Development Canada
Description: A crown corporation that offers financing, credit insurance and bonding solutions to Canadian exporters.
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Export Guarantee Program
Description: The Export Guarantee Program can assist with increased access to financing, guaranteeing that your loans and other financing arrangements will be paid back to your financial institution.
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Export Market Access - A Global Expansion Program
Description: A 50/50 cost-sharing grant to help Ontario SMEs cover costs incurred to develop export sales in foreign markets, predominately outside the US.
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Going Global Innovation - Foreign Affairs and International Trade Canada
Description: Pays eligible expenses for Canadian researchers to meet with key R & D players in foreign countries pursuing collaborative opportunities.
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Investment Accelerator Fund
Description: The Investment Accelerator Fund (IAF) helps accelerate the growth of new technology companies being established in Ontario and positions them for further investment by angels and venture capitalists. The fund invests up to $500,000 in companies that have the potential to be global leaders in their field and provide sustainable economic benefits to Ontario.
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Market Xpansion Loan
Description: BDC's innovative Market Xpansion Loan provides up to $100,000 and can be used to expand your domestic market or explore foreign markets.
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New Exporters to Border States (NEBS)
Description: A hands-on introduction course to the basics of exporting to the USA which includes visits to US Customs and a freight forwarder.
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SMART Prosperity Now Program
Description: The SMART Prosperity Now program provides funding for small business expansion projects that look to improve sales and services in international markets. The program's objectives are centered on retaining Canadian jobs and strengthening our national economy.
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| Human Resources and Training (+) |
Achieving Innovation & Manufacturing Excellence - Yves Landry Foundation
Description: A cost shared program to fund training that will lead to advancements in innovation within the manufacturing sector in Ontario.
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Apprenticeship Job Creation Tax Credit - Canada Revenue Agency
Description: A 10 percent Federal tax credit to cover salaries and wages paid to training new apprentices in the first two years of the contract.
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Apprenticeship Training Tax Credit
Description: The Apprenticeship Training Tax Credit (ATTC) is a refundable tax credit. It is available to employers who hire and train apprentices in certain skilled trades.
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Canada Summer Jobs
Description: Contributions for employers to hire students during the summer.
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Canadian Institutes of Health Research - Innovation and Industry Programs
Description: Major federal health research funding agency for universities, hospitals and research institutes has research programs matching industry partner's financial contributions.
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Connect Canada Internship Program
Description: Connect Canada is a national internship program that links Canadian companies with graduate students and post-doctoral fellows for research placements. Companies receive a cost-effective way to conduct R&D, while interns gain relevant industry experience that enhances their graduate studies.
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Cooperative Education Tax Credit (CETC)
Description: The Co-operative Education Tax Credit (CETC) is a refundable tax credit. The CETC is available to employers who hire students enrolled in a co-operative education program at an Ontario university or college. The Canada Revenue Agency (CRA) administers the program on behalf of Ontario through the federal income tax system.
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Employer Signing Bonus
Description: A $2,000 bonus for an employer who hires and registers an apprenticeship scholarship candidate as an apprentice.
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First Job Initiative
Description: OCE's First Job Initiative helps innovative, technology-based small/medium-sized Ontario companies, including start-ups, hire knowledgeable, highly-skilled graduates from Ontario colleges and universities. Companies improve their global competitiveness by hiring highly-qualified researchers who bring cutting-edge knowledge in their field of expertise. Companies also benefit from new ideas, fresh perspectives and enthusiasm - at a comparatively low cost.
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Industrial R & D Fellowships - Natural Sciences and Engineering Research Council of Canada
Description: Financial assistance for companies to hire recent doctoral graduates in science and engineering to conduct research and development in industries.
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Industrial Research Assistance Program - National Research Council Canada
Description: Technical advisory services, networking and financial assistance to SMEs.
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MaRS Discovery District (MaRS)
Description: World-class research and business incubation facilities in biomedical innovation and commercialization.
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Ontario Centres of Excellence Inc.
Description: 6 sector-based centres and various programs to strengthen research linkages between academia and industry.
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Ontario Labour Market Partnerships
Description: Ontario Labour Market Partnerships support partnerships among employers, employer/employee associations, and community organizations to address identified labour market issues.
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Ontario Summer Jobs Service
Description: Wage support for employers hiring students for seasonal jobs during the summer.
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Ontario Targeted Wage Subsidy
Description: The Ontario Targeted Wage Subsidy is designed to enable employers to hire people who face barriers to employment (people they might not otherwise hire) by offering temporary wage subsidies. Businesses, non-profit organizations, municipalities, First Nations councils, public health and educational institutions are eligible to apply for the Ontario Targeted Wage Subsidy
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Scientists and Engineers in Business Initiative
Description: Scientists and Engineers in Business will improve the success rate of start-up enterprises by developing the business and management skills of promising entrepreneurs in science, technology, engineering and mathematics (STEM) and supporting them as they launch their businesses. The initiative will increase business and management skills and capacity to create new, successful companies and meaningful career opportunities in southern Ontario.
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Small Business Internship Program - Industry Canada
Description: Enables small and medium-sized businesses to obtain funding to hire post-secondary students for 12-week full-time internships in a field related to information and communication technology.
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Summer Company
Description: The Summer Company program provides hands-on business training and mentoring - together with awards of up to $3,000 - to help enterprising youth start up and run their own summer business.
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The Workplace Skills Initiative - Human Resources and Skills Development Canada
Description: Call for Proposals to fund demonstration projects which respond to challenges in Canadian workplaces relating to employee skills development and organizational changes.
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Work-Sharing Program - Human Resources and Skills Development Canada
Description: Provides income support to workers eligible for Employment Insurance benefits and who are willing to work a temporary reduced work week when there is a reduction in the normal level of business activity that is beyond the control of the employer.
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Youth Employment Program - National Research Council Canada
Description: Financial assistance to innovative Canadian SMEs to hire post-secondary graduates.
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| Research and Development (+) |
Canada Foundation for Innovation
Description: To strengthen the ability of Canadian universities, colleges, research hospitals, and other not-for-profit institutions to carry out world-class research and technology development that will benefit Canadians.
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Canadian Institutes of Health Research - Innovation and Industry Programs
Description: Major federal health research funding agency for universities, hospitals and research institutes has research programs matching industry partner's financial contributions.
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Communications Research Centre Canada - Industry Canada
Description: Helps SMEs take part in strategic R&D collaborations that leverage CRC's activities, resulting in knowledge and technology transfer that benefit Canadian industry, the economy and Canadians.
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Going Global Innovation - Foreign Affairs and International Trade Canada
Description: Pays eligible expenses for Canadian researchers to meet with key R & D players in foreign countries pursuing collaborative opportunities.
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Industrial R & D Fellowships - Natural Sciences and Engineering Research Council of Canada
Description: Financial assistance for companies to hire recent doctoral graduates in science and engineering to conduct research and development in industries.
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Industrial Research Assistance Program - National Research Council Canada
Description: Technical advisory services, networking and financial assistance to SMEs.
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Mitacs Accelerate
Description: A unique cost-shared R&D internship program which connects companies with Canadian universities' research expertise, in all disciplines.
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NextGen Biofuels Fund - Sustainable Development Technology Canada
Description: A $500 million fund to support establishment of first-of-kind commercial scale demonstration facilities for the production of next-generation renewable fuels (i.e. cellulosic ethanol or next-generation biodiesel) and co-products.
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Ontario Business Research Institute Tax Credit (OBRITC)
Description: A refundable tax credit for corporations incurring expenditures in respect of Scientific Research & Experimental Development under a contract with an Eligible Research Institute.
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Ontario Centres of Excellence Inc.
Description: 6 sector-based centres and various programs to strengthen research linkages between academia and industry.
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Ontario Emerging Technologies Fund - Ontario Capital Growth Corporation
Description: Up to $5 million initial investment to leverage private sector capital in clean technology, life sciences and advanced health technologies, digital media and information and communications technology sectors. Program will make a direct co-investment into a successful company alongside the qualified investor.
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Ontario Innovation Demonstration Fund
Description: The Innovation Demonstration Fund (IDF) is a discretionary, non-entitlement funding program that focuses on the commercialization and initial technical demonstration of globally competitive, innovative Green technologies, processes and/or products.
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Ontario Innovation Tax Credit (OITC)
Description: Refundable provincial tax credit on R & D expenditure claims.
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Ontario Research and Development Tax Credit
Description: Tax credit for Scientific Research & Experimental Development expenditures.
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Ontario Research Fund - Ontario Ministry of Research and Innovation
Description: Supports the operational costs (direct and indirect) and the capital costs of research of Ontario's research community.
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Scientific Research and Experimental Development Tax Incentive Program - Canada Revenue Agency
Description: The largest single source of federal support for industrial R & D. Investment tax credits for expenditures such as wages, materials, machinery, equipment, some overhead, and SR & ED contracts.
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SD Tech Fund - Sustainable Development Technology Canada
Description: A $550 million fund to support late-stage development and pre-commercial demonstration of clean technology solutions contributing to clean air, clean water and clean land, and addressing issues of climate change.
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SDTC funding
Description: The $590M SD Tech Fund is aimed at supporting the late-stage development and pre-commercial demonstration of clean technology solutions: products and processes that contribute to clean air, clean water and clean land, that address climate change and improve the productivity and the global competitiveness of the Canadian industry.
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Strategic Aerospace and Defence Initiative - Industry Canada
Description: Firms, organizations or institutions may apply for investments assistance repayable over the long term in conducting R & D in eligible aerospace and defence technologies.
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Youth Employment Program - National Research Council Canada
Description: Financial assistance to innovative Canadian SMEs to hire post-secondary graduates.
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| Business Support Services |
| Aurora Chamber of Commerce | |
| Serves The Town of Aurora | |
| 905 727-7262 | |
| Promotion of the commercial, retail and industrial enterprises in Aurora. |
| http://www.aurorachamber.on.ca/ |
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