Business Development

The following resources will be useful for the business development stage of commercialization:

Overview
Business Development Assistance

Overview

The first step on the path to commercialization is business development. The commercial viability of an idea must be thoroughly researched before deciding to go forward. Once satisfied that a market exists, a business plan should be developed. A business plan is an essential element of the business development process. It involves a significant amount of research concerning costs, pro-forma revenues, customers, competitors, economic conditions, marketing, milestones, partners, and employees.

Learn more about Business Plan Preparation.

Business Development Assistance

Business Start-Up Assistant

A comprehensive site for starting a business in Canada. This resource provides information for each of the provinces and territories, and links the user to information on:

• Business registration
• Market research
• Business planning and business plan preparation
• Financing
• Taxation
• Human resources
• Importing and exporting
• Intellectual property

Guide to Government of Canada Services and Support for Small Businesses

This guide is a collection of government services and programs that are available to support small businesses. Chapter seven of this document lists the services and programs specifically tailored to support firms in the areas of science, technology, and innovation.

Interactive Business Planner

This online tool guides entrepreneurs through the process of writing a business plan.

Canada One - Starting a Business

This site directs users to information on ownership structures, year-end selection, naming of the business, and business registration by province.