
Business advisory services for small and medium-sized businesses
At a glance
- No Condition
- Open Date : November 14, 2019
Overview
Connect with a senior business advisor to get tailored options, advice, analysis and practical recommendations to help your business scale and grow or overcome unique challenges.
Financing terms and conditions
This grant focuses on offering business advisory services to small and medium-sized businesses in Ontario, aimed at fostering their growth and capacity building. While specific financing modalities are not detailed in the provided information, the grant emphasizes support through advisory means rather than direct funding.
Activities funded
This grant provides business advisory services to support small and medium-sized enterprises in Ontario. The eligible activities focus on offering tailored analysis, practical recommendations, and fostering connections for business growth.
- Providing tailored business advisory services to small and medium-sized businesses.
- Identifying business needs and growth opportunities for capacity building.
- Offering advice and recommendations on accessing capital.
- Facilitating connections to navigate government regulations and compliance challenges.
- Networking with other businesses and connecting with local partners.
- Supporting discussions on technology adoption and export readiness programs.
Eligibility
Eligibility for this grant is determined by specific requirements related to the size and nature of the business seeking advisory services in Ontario.
- The business must be an established small or medium-sized enterprise with 10 to 500 employees.
- The business should be a producer of tradable goods and services across any sector.
Who is eligible?
Eligible types of companies for the grant:
- Established small and medium-sized businesses with 10-500 employees
- Producers of tradable goods and services across all sectors
Eligible expenses
This grant supports activities that enhance the growth and capacity of small and medium-sized businesses in Ontario. The eligible projects focus on providing advisory services and facilitating access to resources and networks for these businesses across various sectors.
- Providing tailored business advisory services to help businesses understand and address unique challenges.
- Helping businesses access capital and identify growth opportunities.
- Assisting with navigating government regulations and compliance requirements.
- Facilitating connections to provincial ministries and different levels of government for business support.
- Encouraging networking and partnerships with other businesses and local partners.
- Facilitating technology adoption and export readiness through discussions and referrals.
Eligible geographic areas
The grant offers support to small and medium-sized businesses in Ontario to help them scale and grow. Eligible geographical areas for the program are outlined according to regional business advisory contacts.
- Greater Toronto and Hamilton Area
- Niagara Region
- Simcoe County
- Muskoka Region
- All counties east of Durham Region
- All counties west of Hamilton Region
Selection criteria
There are evaluation and selection criteria for this grant:
- Demonstrated need for business advisory services
- Potential for growth and scalability of the business
- Alignment with the program's objectives
- Value proposition and impact of the advisory services
How to apply
Identify Eligibility and Gather Information
- Contact your local Senior Business Advisor using the provided email or phone number to confirm your business's eligibility for support.
- Gather all relevant information regarding your business including size, sector, and specific advisory needs.
Prepare Required Documentation
- Prepare necessary documents such as business registration details, organizational charts, and proof of business operations in Ontario.
- Draft a detailed outline of your business needs and objectives for seeking advisory services.
Initial Consultation
- Schedule an initial consultation with a Senior Business Advisor through the provided contact emails or phone number.
- Discuss your business needs, growth objectives, and how the advisory services can assist in achieving them.
Develop Advisory Plan
- Work with your assigned advisor to develop a tailored business advisory plan.
- Include practical recommendations, timelines, and expected outcomes in the plan.
Confirm Participation
- Agree upon the advisory plan and confirm your participation in the program with your advisor.
- Ensure all required agreements or waivers are completed and submitted.
Additional information
Here are additional relevant details for this grant:
- The program supports the growth of businesses across all sectors by providing tailored recommendations and practical advice.
- Senior Business Advisors facilitate connections with local partners to help find skilled staff and enhance business networks.
- Businesses receive support in technology adoption and export readiness programs to increase business capacity.
- There are additional resources available for specific industries such as food and beverage processing, tourism, and businesses in Northern Ontario.
Frequently Asked Questions about the Business advisory services for small and medium-sized businesses Program
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Is the Business advisory services for small and medium-sized businesses a grant, loan, or tax credit?
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