Canadian Manufacturing

Manufacturers got $227.6M in government funding in July and August

Government funding can help you grow your business and take on new and fruitful projects. Learn more

September 13, 2018  by

Canadian businesses and organizations in the manufacturing sector secured $227.6M in government grants, contributions and incentives from federal and provincial programs this July and August, according to new data from Fundingportal, a leading funding services and solutions provider.

July-August’s Top Recipients Include:

  • A Kruger Products subsidiary in Sherbrooke, QC receives a $105M loan from the Government of Quebec to establish a new tissue paper factory (Source).
  • Corrugated veneer manufacturer Corruven in Saint-Basile, NB receives $1M from the Atlantic Canada Opportunities Agency’s (ACOA) Business Development Program, $1.25M from Natural Resources Canada’s Investments in Forest Industry Transformation (IFIT) Program, and $247k from National Research Council of Canada’s Industrial Research Assistance Program (NRC IRAP) to innovate, export, boost sales and create jobs (Source).
  • Koltech International Limited in Debert, NS receives an $843k innovation rebate from Nova Scotia Business Inc. to invest in its insulated glass fabrication line (Source).

How to Find Government Funding for Your Business?

  1. Define Your Objectives: Determine which of your upcoming projects could attract government funding. These typically focus on expansion, export, job creation and training, innovation, and technology adoption.
  2. Try an Aggregator: Visit websites like, which aggregate thousands of federal, provincial, and municipal programs across Canada. You can also visit government websites to supplement your research.
  3. Eligibility: Once your shortlist of programs is ready, double-check the eligibility criteria for each before applying. Funders report that around 80% of applications they receive are ultimately rejected for non-compliance, so make sure you meet all of the program’s requirements before you apply.

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