Previously, StartupSource
has covered the Government of Canada's Global Skills Strategy, aimed at streamlining
and accelerating access to global talent. Now the Ontario
provincial government is following the federal government's
lead by helping accelerate the development of high-growth Canadian
companies.
The Government of Ontario launched its Scale-Up Vouchers program in late April. This
program is aimed at increasing the global competitiveness of
home-grown Canadian technology and innovation-based companies. The
program targets small and medium-sized enterprises that demonstrate
high-growth and strong potential.
Successful applicants will receive access to experienced growth
coaches who will help lead companies and firms in developing and
executing "growth plans." The provincial government is
also offering vouchers valued at anywhere between $150,000 to
$250,000 to help offset expenses attributable to global growth and
expansion to all successful applicants.