Build in Canada Innovation Program Supports Energy Efficient Marine Tech

Build in Canada Innovation Program Supports Energy Efficient Marine Tech

In September 2017, the Government of Canada announced it would be supporting innovative Naval LED Lighting Solution fixtures designed for navy vessels. Marine Industrial Lighting Systems Ltd. has been awarded a $1M contract to replace traditional fluorescent lights on combat navy vessels with new LED fixtures. The investment will help make marine vessels conserve more…

BDC Capital and IAF Capital: Venture Capital for Technology Companies

BDC Capital and IAF Capital: Venture Capital for Technology Companies

Canada’s technology sector is a cornerstone of the booming knowledge economy. It’s supported by some of the world’s top post-secondary institutions and is also favourably impacted by immigration policies, which see some of the world’s top technology entrepreneurs come to Canada to launch new ideas. At a time where technology’s importance is surging globally, Canada…

Northern Ontario Heritage Fund Corporation Awards $400k to Software Startup

Northern Ontario Heritage Fund Corporation Awards $400k to Software Startup

The Government of Ontario has awarded over $400,000 in small business grants to TimeHero Inc. The investment will allow the company to develop an innovative scheduling app to help other businesses manage their time and become more efficient. The contribution will be provided through the Northern Ontario Heritage Fund Corporation (NOHFC), which supports economic development…

Is the Strategic Innovation Fund Suitable for Your Business?

Is the Strategic Innovation Fund Suitable for Your Business?

The Strategic Innovation Fund (SIF) is a Canadian government funding program that provides support for technology development and productivity-boosting projects. It promotes large-scale investments in Canada, while also encouraging technology transfer and development/commercialization of disruptive products and services. The Strategic Innovation Fund reduces eligible project costs by up to 50%; this helps businesses improve productivity…

Automotive Supplier Innovation Program Invests $11.5M in Manufacturing R&D

Automotive Supplier Innovation Program Invests $11.5M in Manufacturing R&D

The Government of Canada has awarded $11.5 million in Canadian government grants to support 6 manufacturers to accelerate the development of new automotive technologies. The investment will help each Ontario automotive supplier develop innovative technologies to be used in hybrid and electric vehicles. Each project will help address climate change concerns by creating technologies that…

Cybersecurity Fintech Innovation Pilot Program: Financial Technology Funding

Cybersecurity Fintech Innovation Pilot Program: Financial Technology Funding

The financial technology (fintech) sector is a growing component within Canada’s knowledge-based industries and focuses on the development of innovations and technologies for the financial services industry. By 2018, it is expected financial institutions will spend over $14 billion annually on fintech to solve internal technical challenges. Businesses like Secure Key, Phoenix, and eSentire are…

Canadian Government Funding to Support Open Data Enterprises

Canadian Government Funding to Support Open Data Enterprises

Can you create an open data retrieval platform that accesses non-standardized data sets? How can the thousands of parameters affecting watercourses be used to help a sport angler? Is there a way to apply machine learning to the process of interpreting satellite imagery? Enterprises are increasingly using open data sets to create or improve their…

Low Carbon Innovation Fund: CleanTech Grants Ontario

Low Carbon Innovation Fund: CleanTech Grants Ontario

Please Note: The Low Carbon Innovation Fund is closed and will not accept further applications. Please browse other research and innovation funding programs. The Province of Ontario is a leader in the development of greenhouse gas (GHG) emission policies and government funding programs. Its unique focus on maintaining and even lessening environmental degradation goes beyond the…

Emissions Reduction Alberta (ERA) Oil Sands Technology Grants

Emissions Reduction Alberta (ERA) Oil Sands Technology Grants

Alberta’s oil sands are critically important to the provincial economy, both in terms of employment and overall economic output. Despite this immense economic benefit, oil sands are Canada’s fastest growing source of greenhouse gas (GHG) emissions, and sustainable technologies are needed for the industry to survive mounting environmental pressures. Fortunately, innovative products and processes can…

Shared Mobility: One Day, Nobody Will Own Personal Vehicles

Shared Mobility: One Day, Nobody Will Own Personal Vehicles

Alternative transportation methods are growing in popularity across the world. Instead of owning or leasing vehicles, people are increasingly looking for ride-sharing and hailing services which can reduce the cost and responsibility associated with travel. These new trends have been gaining momentum for years, but have recently become common in urban areas with higher population…