Scale-Up Platform
Highlights
Hello,
We understand that growing your high-tech business can be challenging. That's why the Invest Ottawa Global Expansion Program is a perfect fit for you. Gain access to strategic mentorship and advisory services specifically designed for businesses like yours. These services will help you build your internal capabilities and explore new markets. It's like having a team of experts guiding you every step of the way.
What's in it for you? Connect with key players in Ottawa's vibrant tech scene. This program offers networking opportunities with community leaders, partners, and funding sources. These connections can be the key to unlocking new market opportunities and expanding your business. Plus, the program helps you cut through red tape when dealing with government processes, making it easier to apply for federal funding and work with regulators.
Qualifying is straightforward, and once approved, you'll have a wealth of resources at your fingertips. Think of it as having a direct line to the heart of Ottawa's tech ecosystem. This program is more than just financing; it's a gateway to growth and innovation. We’re here to make the process smooth and efficient, so you can focus on what you do best—growing your business.
Financing Details
The financing provided through this program is primarily in the form of Grants. These grants are non-repayable, meaning once awarded, they do not need to be paid back, offering a significant financial advantage without the burden of debt or interest.
Eligible Expenses:
- Funds from these grants can be used towards a variety of expenses that are crucial for scaling and expanding your business. This includes costs associated with market research, technology acquisition, hiring of key personnel, and marketing initiatives aimed at entering new markets.
- Additionally, the program covers expenses related to regulatory compliance and intellectual property protection, which are essential for tech companies looking to innovate and expand globally.
Restrictions on Use of Funds:
- It's important to note that the funds cannot be used for debt repayment, dividend payouts, or as direct financial incentives to company executives.
Fees:
- There are no application or processing fees associated with these grants, making it a cost-effective option for funding growth initiatives.
Qualifications
Location Requirement: The business must be looking to grow in Ottawa.
Industry Focus: The business should be a high-growth technology company.
Growth Potential: The company must have potential for significant growth.
Business Capabilities: The business should be interested in building internal business, market, and R&D capabilities.
Networking Interest: The company should be open to participating in networking groups for new market opportunities.
Description
Your business can tap into a wealth of resources with the Invest Ottawa Global Expansion Program. Gain access to strategic mentorship and advisory services tailored for high-growth technology companies like yours. These services are designed to enhance your internal capabilities and open doors to new markets.
Connect with key players in Ottawa's vibrant tech scene. The program offers you networking opportunities with community leaders, partners, and funding sources. These connections can be crucial for expanding your business and exploring new market opportunities.
Navigating government processes can be tricky, but you're in good hands. Invest Ottawa helps you cut through red tape, making it easier to work with government entities and apply for federal funding. With their expertise, you can focus on what you do best—growing your business.
Program Steps
Prepare Your Documentation
Gather the following documents needed for your application:- Business registration documents
- Financial statements (last two years)
- Business plan outlining growth strategies
- Proof of technology or innovation (if applicable)
- Any relevant partnerships or collaborations
Complete the Application Form
Fill out the application form provided by Invest Ottawa. Ensure all sections are completed accurately.Submit Your Application
Send your completed application form along with the required documentation to Invest Ottawa.Attend an Introductory Meeting
Schedule a meeting with the Invest Ottawa team to discuss your application and explore how they can assist you further.Engage with Mentorship and Advisory Services
Once approved, take advantage of the strategic mentorship and advisory services offered to enhance your business capabilities.Network with Key Players
Participate in networking events organized by Invest Ottawa to connect with community leaders, partners, and funding sources.Follow Up on Government Processes
Work with Invest Ottawa to navigate any government processes or funding applications you may need to pursue.
