Published: May 31, 2025 | Location: Barrie, Ontario
Introduction
Barrie, Ontario, is a burgeoning hub for entrepreneurs and startups, offering a plethora of incentives and grants to foster business growth. This comprehensive guide outlines the various programs and resources available to startups in Barrie, aiming to provide a roadmap for accessing financial support and business development opportunities.
Canada Digital Adoption Program (CDAP)
The CDAP offers a $15,000 grant to assist businesses in developing a strategic plan for digital adoption. This grant covers up to 90% of advisor consultation fees, enabling businesses to implement technologies such as AI, IT infrastructure, e-commerce platforms, and more. Additionally, businesses may qualify for a $100,000 interest-free loan to further support their digital transformation initiatives. :contentReference[oaicite:0]{index=0}
Starter Company Plus Program
Administered by the Ontario government, the Starter Company Plus program provides training, mentoring, and grants of up to $5,000 for entrepreneurs starting, expanding, or purchasing a small business. This program is designed to equip business owners with the skills and resources necessary for sustainable growth. :contentReference[oaicite:1]{index=1}
Small Business Centre Services
Barrie’s Small Business Centre offers a range of support services, including one-on-one consultations, business plan reviews, workshops, and access to funding sources. These services are tailored to assist entrepreneurs in evaluating their business ideas, developing strategic plans, and navigating the challenges of business ownership. :contentReference[oaicite:2]{index=2}
Invest Barrie Initiatives
Invest Barrie integrates the Economic & Creative Development Department and the Small Business Centre to provide comprehensive support to businesses. Services include assistance with site selection, connections to funding opportunities, and facilitation of business development processes. :contentReference[oaicite:3]{index=3}
Barrie Chamber of Commerce Programs
The Barrie Chamber of Commerce offers various programs to support businesses, including the “Grow Your Business Online” grant. This initiative, part of the Canada Digital Adoption Program, assists businesses in enhancing their online presence through financial support and resources. :contentReference[oaicite:4]{index=4}
Startup Barrie Community
Startup Barrie is a grassroots movement that brings together entrepreneurs, technologists, designers, and business professionals to foster collaboration and innovation. The community provides support through networking events, mentorship, and access to startup resources. :contentReference[oaicite:5]{index=5}
Scientific Research and Experimental Development (SR&ED) Tax Incentive Program
The SR&ED program offers tax credits and refunds to businesses conducting scientific research or experimental development in Canada. Eligible expenditures include wages, materials, and overhead costs associated with R&D activities. This program is a significant source of support for startups engaged in innovation. :contentReference[oaicite:6]{index=6}
SharpShooter Funding
SharpShooter Funding provides tailored financial solutions to small business owners in Barrie, including long-term funding packages and short-term cash advances. Their services are designed to meet the diverse capital needs of startups across various industries. :contentReference[oaicite:7]{index=7}
Conclusion
Barrie offers a robust ecosystem for startups, with a multitude of incentives, grants, and support programs to facilitate business growth and innovation. Entrepreneurs are encouraged to leverage these resources to navigate the challenges of starting and scaling a business in today’s competitive landscape.
