To further promote the use of clean technologies, the Government of Canada is providing nearly $8 million in funding to support three Ontario-based companies. The investment will help each company accelerate the development of their clean energy technologies. Canadian government funding will provided through Sustainable Development Technology Canada’s SD Tech Fund, which supports the development…
Climate change is one of the most significant global challenges humankind has ever faced. To overcome it, a variety of solutions will need to be implemented across the world. Clean technologies (cleantech) comprise the most promising solutions so far; as technologies are developed and deployed, carbon emissions decrease and the effects of climate change lessens….
Guided by regulatory requirements and a shift in consumer preferences, electric vehicles are on the path to taking over global market share for new vehicle sales. While there are still many years ahead where internal combustion will reign supreme, the inevitable swing in market preference will eventually catch up. But when will this be? How…
BacTech Environmental Corporation has been awarded $75,000 in Ontario research grants to collaborate with Laurentian University. Ontario government funding will help BacTech and Laurentian University test and refine bioleaching technologies that extract metals and stabilize arsenic found in mine tailings. The partners hope to develop a sustainable solution for reducing the volume of arsenic and…
Automotive technologies are constantly improving to meet customer demand. The popularity of cutting-edge, technology-filled vehicles continues to increase across the world; therefore, automotive suppliers and technology developers must be willing to develop these systems. There are incredible opportunities for businesses who respond to growing interest for electric, autonomous, and connected vehicles. Canadian automotive companies should…
Please Note: The Scale-Up Vouchers Program is closed and no longer accepts applications. Please explore more business expansion funding opportunities. Ontario’s small business community is booming, yet few of these companies effectively scale their solutions into global markets. In December 2015, there were 48.3 times more small businesses (1-99 employees) than medium-sized (100-499 employees) companies…
Colleges and universities play a key role in driving innovation and entrepreneurship across Ontario. As a launchpad for tomorrow’s business leaders, these institutions promote leading-edge research and supporting young entrepreneurs who wish to transform new ideas into a sustainable business. However, young entrepreneurs often struggle to scale-up these post-secondary businesses post-graduation and much of their…
The future of electric vehicles (EVs) are becoming increasingly clear. Battery and engine technologies are being researched and developed at record pace; this has allowed global consumer demand to increase steadily. As more consumers begin to understand the technology and feel comfortable investing in electric vehicles, the market will become dominated by this trend. This…
Biopharmaceutical specialists, Qu Biologics Inc., has been awarded Canadian government funding to study the unspecified lifecycle of administered antibodies. Over the next six months, the business will collaborate with the University of Ottawa’s Dr. Adam Shuhendler to carry out this research project. Qu Biologics Inc. will receive up to $25,000 in research grants through the…
Innovation can happen in businesses of all sizes. Both Canadian small and medium-sized enterprises (SMEs) and large firms have an important role to play in securing Canada as a globally competitive innovation hub. Bringing new ideas to market, however, can be challenging if only one company’s financial and planning resources are used. Increasingly, companies are overcoming…