Investing in Business Growth and Productivity (IBGP)
What is Investing in Business Growth and Productivity (IBGP)?
The Investing in Business Growth and Productivity (IBGP) initiative focuses on established businesses that have the potential to be global players with innovative and unique opportunities to accelerate growth and support job creation. This initiative supports economic growth and job creation by helping businesses to expand their markets and facilities, adopt new technologies and processes to improve productivity, and increase business capacity to participate in global markets and integrate into global value chains.
Who can apply?
IBGP funding is available to small- and medium-sized enterprises (SMEs) with at least 15 employees, a sustainable business model and a profitable track record with the potential to become a strong global player; and not-for-profit industry associations and/or regional economic development organizations that have a history of successful delivery of productivity enhancement initiatives to SMEs.
How is IBGP delivered?
IBGP is delivered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The Agency was launched in 2009 to work with the region's communities, businesses and not-for-profit organizations to actively promote the region and build a strong foundation of partnerships and relationships to secure Canada's long-term prosperity. Today, FedDev Ontario continues to deliver programs aimed at strengthening the economy and positioning the region to compete globally by helping create and grow businesses, cultivating partnerships and building strong communities.
Contact FedDev Ontario for more information.
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