Government Programs
Business Development Bank of Canada (BDC)
Tel: 1-877-232-2269 (toll free) Web: www.bdc.ca
The BDC is a crown corporation financial institution that provides financing, consulting and venture capital for small and medium-sized enterprises. Services include long-term financing, working capital, refinancing, change of ownership, patent capital and venture capital.
Canada Small Business Financing (CSBF)
Tel: 1-866-959-1699 (toll-free) Web: www.ic.gc.ca/csbfa
The CSBF program promotes the availability of loans for establishing, expanding, modernizing and improving small businesses through Canadian financial institutions. Small businesses operating for profit in Canada with gross annual revenues of $5 million or less are eligible to receive a maximum of $500,000 in financing.
SMART Program - Canadian Manufacturers Exporters
Tel: 1-877-913-4263 Web: www.cme-smart.ca
The SMART Program is an initiative of the Canadian Manufacturers & Exporters and the Government of Ontario to enable small and medium-sized manufacturers in Ontario to improve their productivity and global competitiveness. Projects are eligible for up to 50% funding to a maximum of $50,000. Eligible improvement projects include Lean design and Lean manufacturing, quality improvement, energy efficiency, IT best practices, and environmental impact reduction.
Southern Ontario Development Program
Tel: 1-866-593-5505 Web: www.southernontario.gc.ca
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) was created in response to the province’s current economic challenges and threats. On December 15, 2009, FedDev Ontario launched the second intake for Community Adjustment Fund (CAF) projects in communities with populations of less than 250,000 residents.