The Georgian Angel Network is a non-profit organization comprised of angel investors. The group provides expert knowledge and resources to support innovative tech startups in central Ontario. FedDev Ontario’s Investing in Business Innovation (IBI) program recently provided the Georgian Angel Network with a $300,000 federal investment. The organization will use this amount to attract 18…
The Government of Canada is investing in agricultural technologies that increase farming productivity. As recently announced by the Canadian federal government, up to $425,000 in repayable government funding has been committed through the Western Innovation Initiative (WINN). This funding will assist a British Columbian technology developer to create a system that will help farmers reduce…
Ontario’s advanced manufacturing industry is a top driver of Canada’s economic performance. In 2015 alone, manufacturing sales in Ontario contributed nearly $290 million in GDP and sustained nearly 800,000 high-quality jobs. One of the reasons for this success is because Ontario government funding supports manufacturing investments that lead to productivity improvements, innovation, and international exports….
Canada’s leading advanced technology businesses continue to thrive because of constant investments into innovative R&D. In 2015 alone, the Canadian technology industry contributed more than $9.1 million towards innovative research and development initiatives. This is a calculated approach to growth, since research typically leads to innovation and to international competitiveness. As one of the world’s…
Ontario is positioned to become a leader in advanced marine technologies. Not only do Ontario-based companies have access to skilled employees, but our proximity to the Great Lakes region supports better product testing and commercialization opportunities. The government realizes this opportunity and has begun investing in marine technology companies. On November 8, 2016, the Ontario…
To stay competitive in the automotive industry, manufacturers must find innovative solutions to differentiate themselves and their products. Investing in new research and technology developments can enable both small and large manufacturing businesses to achieve higher profits, and become more competitive. In support of this ideology, Magna International Inc. has invested in the development of…
Every day, Canadian hospitals create environmental and health and safety hazards by expelling destructive greenhouse gases (GHGs) into the atmosphere. Surgical operations requiring the use of halogenated anaesthetic drugs release alarmingly high amounts of carbon dioxide emissions. With approximately 54,000 operating facilities in Canada, GHGs produced could soon exceed amounts comparable to two million vehicles….
Kraken Sonar Systems Inc. is an engineer and manufacturer of advanced sonar and acoustic velocity sensors for Unmanned Underwater Vehicles. The technologies developed and commercialized by Kraken Sonar are widely used among military and commercial applications. On November 10, 2016, Kraken Sonar was announced as recipients of up to $485,000 in Canadian government grants from…
The Federal Economic Development Agency for Northern Ontario (FedNor) recently announced support for six northern Ontario infrastructure projects. Up to $377,800 in Canadian government grants will be provided to northern Ontario municipalities and First Nations communities completing critical infrastructure projects. These investments are result of the federal government’s Canada 150 Community Infrastructure Program (CIP 150)….
Canada’s second largest wheat and flour milling operation, Parrish and Heimbecker, Ltd., was recently awarded a federal funding investment of $10M to build a new grain processing plant in Hamilton, Ontario. Canadian government funding provided through Agriculture and Agri-food Canada (AAFC) will allow the company to increase its production capacity and market exports. Parrish and…