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2015 Social Enterprise "EnterPrize" Recipients Announced PDF  | Print |  E-mail

Calgary, Alberta (November 12th, 2015)

Created by the Trico Charitable Foundation in 2011, the famous social EnterPrize is a bi-annual grant that focuses on Canadian social enterprises that demonstrate best practices, impact and innovation.

Social enterprises are profit or non-profit organizations, which are based on financial success and social impact using the markets to solve social problems.

The 2015 Social Enterprize beneficiaries are:

The Cleaning Solution: A non-profit social enterprise based in Vancouver, British Columbia, this contract cleaning company is dedicated to providing support, quality jobs for people living with mental illness. It has grown from three employees and $ 14,000 of income in 2004 to 75 employees and $ 1.2 million in revenues in 2014. The Cleaning Solution clients pay $ 2 an hour above the average of the Cleaning industry and in 2014 had year-over-year retention rates for employees of 80% and 100% for customers; an industry leader on both counts. They are active on the environmental front (eg: the use of environmentally friendly products and participating in Climate Smart), engaged with their industry (eg: member of the BC Cleaning Contractors Association) and active in the support of the social impact of community (eg: members of the social enterprise League to Vancouver).

Women in need of Calgary Society (WINS): A non-profit social enterprise based in Calgary, Alberta, its thrift stores were available in all four quadrants of Calgary for over 20 years. WINS was originally established to provide a worthy place for women in crisis to find affordable clothing, household items, furniture. Today their stores serve Calgary at all socioeconomic levels. In 2014 WINS 'thrift stores generated $ 3.3 million of savings income and financed 80% of their community programs. The stores also partnered with local organizations to provide entry level job opportunities for newcomers to Canada, people in need of work experience, and individuals who are struggling to find jobs elsewhere. In addition to their four thrift stores, they have developed a reference program for free products, recycling services and six family resource centers. To date, WINS served 7,112 adults and 5,050 children, connecting them to over 7562 services.

Each recipient receives 2015 Social Enterprize:

•  A $50,000 cash prize
•  $5,000 in consulting services from the Business Development Bank of Canada(BDC)
•  A video profile
•  An in-depth case study conducted by a Canadian post-secondary institution
•  Airline tickets, lodging and registration for three team members to participate in the Social Finance Forum 2015.

TAGS: GOVERNMENT BUSINESS GRANTS, SMALL BUSINESS GRANTS, GOVERNMENT GRANTS FOR BUSINESS, GRANTS FOR SOCIAL ENTERPRISE, BUSINESS GRANTS, AB BUSINESS FUNDING, BC BUSINESS GRANTS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

 
New Government means new Business Funding Opportunities PDF  | Print |  E-mail

November 6th, 2015 Ottawa, Ontario

With the swearing in of the new Prime Minister and his Cabinet in Ottawa this week, small business owners are anxious to be updated on the changes and updates to funding programs that will be made by this new government in the coming days, weeks, and months.

The Liberal government has pledged a commitment to supporting small businesses and the economy, leading us to be optimistic about the potential for new and improved funding programs for small businesses and farms in Canada. Existing programs will continue to be offered in the near-term, but program information changes regularly.

In order to make sure that your business has the most up to date funding information, it is of great importance that you contact the Canadian Grants Business Center in order to apply to the existing and new programs as they become available.

 

Contact us now to find out more!

Canadian Toll Free 1-888-231-0075

 
Government Assistance for Oyster Farmers PDF  | Print |  E-mail

Oct 19th 2015 -MONCTON, NB -

The federal and New Brunswick invest $ 1.2 million to help seven oyster producers.

Oyster farming is, by definition, green and sustainable. Oysters cannot tolerate the discharge of sewage or other toxins; the presence of oyster farming, therefore, often results in increased awareness and monitoring of coastal waters. In addition to being important modulators of nutrient cycles in ecological systems, farmed oysters help to reduce greenhouse gases by removing carbon dioxide from the ocean for shell formation.

The seven companies to get money are Acadian Bay Enterprises Inc. in Sainte-Anne -de- Kent, Cape Oysters Ltd. Dieppe, Aquador Oysters Inc. Aldouane, R & D Shellfish Ltd. in Cocagne, King Aquaculture Inc. -Village in Richibucto, Bouctouche Mauril Bastarache and Oyster Farm Ltd. Norm -Village in Richibucto.

The province spends just over $ 377,000 through the Development Fund and the Miramichi Regional Economic Innovation, while the federal government provides repayable contributions worth about $ 893,000 by the Atlantic Opportunities Agency.

The money will be used to expand operations, increase sales and improve productivity.

In 2013, production of New Brunswick oysters were valued at over $ 5.6 million.

TAGS: GOVERNMENT FARM LOANS, GOVERNMENT BUSINESS LOANS, GOVERNMENT FARM GRANTS, GOVERNMENT GRANTS FOR BUSINESS, GRANTS FOR FARMING, BUSINESS GRANTS, NB BUSINESS FUNDING, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

 
Government Assistance for Oyster Farmers PDF  | Print |  E-mail

Oct 19th 2015 -MONCTON, NB -

The federal and New Brunswick invest $ 1.2 million to help seven oyster producers.

Oyster farming is, by definition, green and sustainable. Oysters cannot tolerate the discharge of sewage or other toxins; the presence of oyster farming, therefore, often results in increased awareness and monitoring of coastal waters. In addition to being important modulators of nutrient cycles in ecological systems, farmed oysters help to reduce greenhouse gases by removing carbon dioxide from the ocean for shell formation.

The seven companies to get money are Acadian Bay Enterprises Inc. in Sainte-Anne -de- Kent, Cape Oysters Ltd. Dieppe, Aquador Oysters Inc. Aldouane, R & D Shellfish Ltd. in Cocagne, King Aquaculture Inc. -Village in Richibucto, Bouctouche Mauril Bastarache and Oyster Farm Ltd. Norm -Village in Richibucto.

The province spends just over $ 377,000 through the Development Fund and the Miramichi Regional Economic Innovation, while the federal government provides repayable contributions worth about $ 893,000 by the Atlantic Opportunities Agency.

The money will be used to expand operations, increase sales and improve productivity.

In 2013, production of New Brunswick oysters were valued at over $ 5.6 million.

TAGS: GOVERNMENT FARM LOANS, GOVERNMENT BUSINESS LOANS, GOVERNMENT FARM GRANTS, GOVERNMENT GRANTS FOR BUSINESS, GRANTS FOR FARMING, BUSINESS GRANTS, NB BUSINESS FUNDING, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

 
Government Funding for Ontario Manufacturing Firms. PDF  | Print |  E-mail

OCTOBER 14th 2015, PRINCE EDWARD COUNTY, ONTARIO

Multiple tech companies are expanding while an automotive parts business will be increasing production following funding announcements in the region Monday.

Federal Economic Development Agency (FEDEV) for Southern Ontario Minister Gary Goodyear and Prince Edward-Hastings MP Daryl Kramp visited two local businesses to announce this government funding and the positive impact it will have on businesses in the area.

The pair were at Huff Estates Winery Monday afternoon to speak about a $900,000 investment in two tech companies.

The companies – Open Ocean Apps and Komodo OpenLab – will receive the money thanks to a partnership between the Prince Edward/Lennox and Addington Community Futures Development Corporation and First Stone Venture Partners. The influx of cash will create eight new jobs locally within the two tech companies to help them improve growth.

PELA CFDC received a non-repayable $5 million contribution through FedDev’s Ontario Investing in Regional Diversification initiative. That dollar amount was matched by a private investment from First Stone Venture Partners to establish a $10 million investment fund to support venture capital investments.

Open Ocean Apps received $400,000 to help the company’s Pro Angler app grow on a global level.

CEO and co-founder of Pro Angler, Kyle Reid, said the app is the “number one ranked fishing app in the U.S., providing anglers in Florida and Texas with comprehensive, real-time fishing information.”

Reid said the company was utilizing the Ryerson University Digital Media Zone (a business incubator for early-stage technology start-ups) before coming to the Picton Innovation Centre.

Reid said the investment has allowed them to hire a local staff to help create a constant stream of up-to-date fishing content.

“This capital allows us to employ high-talented, local individuals,” he said.

Komodo OpenLab will receive $500,000 to expand their device compatibility and introduce their product Tecla, in global markets. Tecla is a set of hardware and software tools that “changes the lives of people with physical disabilities who are unable to use touchscreen.”

Tecla allows people with spinal cord injuries, cerebral palsy, MS, ALS and other conditions to interact with their smartphones and tablets via adaptive controls they already use such as wheelchair joysticks, button, sip-and-puff controllers of head arrays.

Komodo OpenLab CEO Mauricio Meza said Tecla allows people to be more independent.

“We want these people to have access to the same tools we have.”

Mauro Lollo, president of First Stone Venture Partners, said the investments will help enhance and diversify the economic profile of the local community and create “some world class products with a local stamp on them.”

Earlier in the day, Kramp and Goodyear announced an investment of up to $2.175 million for Halla Visteon Climate Control Canada Inc. (Halla Visteon Canada) to launch a new line of thermal engine control parts.

Halla Visteon Canada, a subsidiary of global auto parts supplier Halla Visteon Climate Control, manufactures parts for automotive climate control systems. The company is adopting new technologies and manufacturing processes for one of its Belleville plants where electronic throttle bodies and electronic coolant valves will be produced. These parts are elements of the company’s expanded product offering into the thermal and emissions segment of the automotive industry. The adoption of new advanced technologies has allowed Halla Visteon to reverse its decision to close an underutilized Belleville plant. The company will diversify its climate control products and will be better equipped to respond to the automotive industry demand for new technologies and innovations that improve the fuel efficiency of vehicles.

The project, which will take place at the College Street plant, is expected to create up to 70 new jobs and maintain 25 existing jobs.

TAGS: GOVERNMENT LOANS, GOVERNMENT BUSINESS LOANS, GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, BUSINESS GRANTS, ONTARIO BUSINESS FUNDING, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS, SMALL BUSINESS GOVERNMENT GRANTS

 
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