The Interactive Digital Media Tax Credit has been extended to December 31, 2024.
Companies developing an interactive digital media product in Newfoundland and Labrador may receive a 40 per cent tax credit on qualifying expenditures.
Clickhere for more eligibility information, and to learn how to apply.
Prince Edward Island:
Innovation PEI launched four new programs to support Island businesses.
The Equity Investors Incentive will provide PEI strategic sector businesses with a tool to attract private sector investment, the Innovation Fund will assist businesses in bringing a new product, service, or process to market, Small Business Assistance will increase support to small businesses that serve the local market, and Strategic Improvement Assistance will improve productivity, profitability and competitiveness in the global market.
The provincial government is providing $75,638.47 to Développement industrielle Granby et région and the Corporation de développement commercial et tourisme de Granby et région for the holding of training cohorts intended for start-up businesses, and commercial and tourist businesses in La Haute-Yamaska.
The eight companies that will participate in the Acceleration Program training will have access to 67.5 hours of apprenticeship to support them in start-up and development.
Digital Shift training will be offered to 40 businesses in the commercial and tourism sectors.
The provincial government is providing $ 5million over four years to McGill University’s Bensadoun Retail School to help accelerate the digital transformation of Quebec retailers.
École Bensadoun will assist retailers and retail technology companies in Quebec in their digital transformation and in the implementation of their omnichannel strategy. This initiative is based on four pillars, namely interdisciplinary applied research, knowledge dissemination, talent development and support for the growth of SMEs.
The provincial government is providing an estimated $100 million for a new one-time Ontario Tourism and Hospitality Small Business Support Grant and $100 million for a new one-time recovery program.
The grant will provide an estimated $100 million in one-time payments of $10,000 to $20,000 to eligible small businesses including hotels, motels, travel agencies, amusement and water parks, hunting and fishing camps, and recreational and vacation camps including children’s overnight summer camps.
Businesses must demonstrate they have experienced a minimum 20 per cent revenue decline and have less than 100 employees to qualify.
Any small businesses that received the Ontario Small Business Support Grant will not be eligible for this new grant.
The provincial government is providing $1.3 million in financial relief to the tourism industry by waiving certain licences and crown land use fees.
Licensing fees have been waived for bear hunting and baitfish harvesters and dealers. Land Use Fees for Commercial Outpost Camps, Bear Management Area fees and Baitfish Harvest Area fees have also been waived.
The provincial government is investing $592,000 to help prepare 150 people in Hamilton for well-paying jobs in the construction sector, such as environmental engineers, surveyors, civil engineers and general managers to address the challenges brought on by COVID-19.
Funding is provided through the government’s $115 million Skills Development Fund.
The provincial government is providing $5.6 million to the Manitoba Non-Profit Housing Association (MNPHA) to deliver a rent bank program that will support stable housing for low-income to moderate-income families.
The Manitoba Rent Bank will provide interest-free loans to tenants who are behind in their rent or need to move to housing that is more suitable. The program will be administered through the MNPHA and will be delivered regionally through local rent banks.
The provincial government is supporting innovation and diversification in the manufacturing sector with a $10 million investment in small and medium-sized businesses.
The Accelerating Manufacturing Scale-Up Grant program, which provides funding to eligible businesses to help them adjust to the economic changes created by the COVID-19 pandemic and better prepare for the future.
The program will provide 75% of project costs to a maximum of $250,000 for individual business projects, or up to $500,000 for projects by a group of businesses.
Grant applications will be accepted between April 15 and May 31, 2021.