The Southern Ontario Fund for Investment in Innovation (SOFII) provides Ontario government loans to help innovative businesses scale-up.
The federal Aerospace Regional Recovery Initiative funding program will provide $250 million over the next three years to support recovery from COVID-19 for small and medium-sized aerospace sector businesses across Canada.
The Jobs and Growth Fund (JGF) is a $700 million federal government funding program that aims to strengthen Canadian economies and create jobs for long-term growth following the global COVID-19 pandemic.
FedDev Ontario has awarded a government grant of $7.5M for Invest WindsorEssex to develop and launch Canada’s first-ever automobility accelerator. The project will support 1,350 cleantech entrepreneurs, boost business growth, and attract $40M in foreign investment.
FedDev Ontario is investing $3.9M to support the job growth and innovation of two manufacturers, Kumi Canada Corporation and York Metal Products.
Ontario is awarding a total $3 million to Techo-Bloc to establish its first manufacturing facility in Ontario which is expected to create 50 new jobs in the Waterloo Region as the province prepares for recovery following COVID-19.
FedDev Ontario has announced an investment of $750k towards the Parkdale Centre for Innovation, a not-for-profit business accelerator, to expand its entrepreneurship program and support options for less represented groups.
FedDev Ontario invests $7.2 million into London’s agri-food business sector. Over the next five years, the government funding will help new and existing agri-food businesses located in London, Ontario to reach their full potential.
Kilmarnock Enterprise, an industrial solutions provider, has been awarded FedDev Ontario funding for COVID-19 solution projects, including a simplified and inexpensive ventilator.
FedDev Ontario grants $370k to be distributed by ventureLAB’s Tech Undivided for the growth of women-led businesses.