dollars and sense event - how to navigate your way to 1.3 billion of government incentives

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Government departments award over $1 billion a year to businesses of all sizes to stimulate local economies, foster economic development and create employment opportunities. But how do you find the right program and take advantage of these tremendous incentives? Listen to our experts to learn how to identify a program and secure key funding for your business.

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Dollars and Sense

How to Navigate Your Way to $1.3 Billion of Government Incentives

NRC Industrial Research Assistance Program 2

Business advice

Networking

Intellectual property

Market assessment

Strategic planning

Partnerships

DTAPP $

YEP $

Innovation IRAP projects $

Funding organizations $

Business

Innovation

Our business model

NRC Industrial Research Assistance Program

Ministry of Economic Development, Trade and

Employment – Business Advisory Branch

Export Market Access (EMA) $500,000+ annual sales – Min. 5 employees Up to 50% of eligible costs, up to a maximum of $30,000/application Booth rental and trade show costs, airfare, per diem, translation services, marketing materials, signage,

product testing to meet foreign standard (CE Mark)

Ontario Exporter’s Fund (OEF) 50% of costs Up to $40,000 per year for 2 years to hire an export manager Total annual sales $1 million - $20 million ; 5 to 500 employees Export sales ranging from 10% - 50% of total annual sales

Eastern Ontario Development Fund (EODF) 3 year old business with 10 + employees, 10/15% grant, maximum value $1.5 M must be a minimum investment of $500,000 (projects 2 - 4 years in length); Create 10 jobs; if business has

between 10-20 employees must create 50% of current employment Eligible investments more than $10 million and creation of 50 or more jobs, funding of up to 15% of eligible

investment to a maximum $5.0M will be offered as a loan.  $1.5 million of the principal of the loan may be forgiven based on achievement of performance targets. Manufacturing, ICT, Life Sciences, Processing.

New investment in new operations in Eastern Ontario, plant/business upgrades, expansions

Others: FedDev, Youth Programs, Yves Landry, SMART

For more information contact: Marcelo Grinfeld, Senior Business Advisor, Business Advisory Branch , MEDTE

marcelo.grinfeld@ontario.ca

BDC: a unique client service experience

An unwavering commitment to the success of Canadian entrepreneurs

Our mission

Help create and develop Canadian businesses through financing, venture capital and consulting services, with a focus on SMEs

> Be a complementary lender in the market to other traditional financing institutions

> A beyond the money approach

RBC Knowledge-Based-Industries Group

The Lifecycle of Funding

Sources of funding at each stage of growth (Equity vs. RBC Debt)

Equity

DebtTIME

GR

OW

TH

Bootstrapping

RBC Capital Markets

Friends & Family

IRAP,OCE, SRED

Equity 2nd Round

Sub/ Venture Debt

IPO, M&A, JVs, Sale

Equity 1st Round

Personal Credit

Angel, Seed

CSBFL, Leasing,Operating Loans,Term Loans

SRED Financing

EDC EGP

FX Facilities

Credit Cards

Mezzanine Debt

Acquisition Financing

Greg C. MatthewsTechnology Banker613-564-2014greg.matthews@rbc.com

For more information, please contact:

Dollars and Sense

Bruce RaganoldDirector of Business Developmentbraganold@welchllp.com

Terry LavinewayDirector of Business Incentivestlavineway@welchllp.com

Greg MatthewsTechnology Bankergreg.matthews@rbc.com

Luke ClareBusiness Development & Client Servicesluke.clare@gowlings.com

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