Steel Manufacturer Awarded $60M in Ontario Government Funding

Steel Manufacturer Awarded $60M in Ontario Government Funding

Essar Steel Algoma is a northern Ontario steel manufacturer operating from Sault Ste. Marie, Ontario. Their products, including rolled sheet and plate metal, service customers in a variety of automotive, manufacturing, construction, and energy industries. Essar Steel has recently been announced as the recipients of $60 million in Canadian government funding, which will provide capital…

Therapure’s $20 Million AMF Canadian Government Funding Success

Therapure’s $20 Million AMF Canadian Government Funding Success

Therapure Biopharma is a leading manufacturer of biologics for medical use with expertise in working with plasma-derived proteins. The Mississauga, Ontario-based business has been able to use this industry-leading knowledge to create a proprietary system known as PlasmaCap Expanded Bed Absorption (EBA). PlasmaCap EBA yields an increased amount of protein from the same quantity of…

Advanced Manufacturing Fund: Business Loans for Technology Innovation

Advanced Manufacturing Fund: Business Loans for Technology Innovation

According to PLANT Magazine’s publication “Manufacturer’s Outlook 2015”, nearly 80% of Canadian manufacturing businesses will be investing in machinery, equipment, and technology over the next three years. Despite this, only 16% of manufacturers plan to use government funding programs as a means to assist their business expansion initiatives. Substantial funding has been provided by the…

Therapure Biopharma Receives $20M through AMF Canadian Government Loan

Therapure Biopharma Receives $20M through AMF Canadian Government Loan

Mississauga, Ontario business Therapure Biopharma Inc. is an industry leader in manufacturing biologics for medical use. With an expertise in plasma-derived proteins, Therapure has created a novel technology called PlasmaCap Expanded Bed Adsorption (PlasmaCap EBA), which seeks to separate proteins faster and produce a greater yield from the same quantity of plasma used. This highly…

How to Qualify for the Advanced Manufacturing Fund

How to Qualify for the Advanced Manufacturing Fund

In fall 2013, The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) released new government funding initiatives for Ontario businesses. The Advanced Manufacturing Fund (AMF) was developed to provide financial assistance to businesses in manufacturing that are lagging behind and lacking competitiveness with respect to innovation, information and communications technology (ICT) adoption, productivity and…

The Advanced Manufacturing Fund: Ontario Business Grants & Loans

The Advanced Manufacturing Fund: Ontario Business Grants & Loans

As a part of The Federal Government’s Action Plan the Advanced Manufacturing Fund will distribute up to $200 million in funding to small businesses through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). Advanced Manufacturing Fund to Promote Innovation & Boost Competitiveness The Advanced Manufacturing Fund will support Ontario businesses that invest in…

Advanced Manufacturing Fund Ontario Business Loans – Now Receiving Applications

Advanced Manufacturing Fund Ontario Business Loans – Now Receiving Applications

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) is providing up to $200 million in funding over five years through The Advanced Manufacturing Fund. This Ontario business grants and loans program is aimed at helping southern Ontario organizations that look toward technological innovations, while encouraging projects that provide benefits to manufacturing clusters and…