Indigenous Entrepreneurship Hub Gets $5M from FedDev Ontario

Indigenous Entrepreneurship Hub Gets $5M from FedDev Ontario

The City of Toronto has received $5M from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) to create an Indigenous Centre for Innovation and Entrepreneurship (ICIE). The ICIE will be the first business incubator of its kind in southern Ontario and will provide space and support in Toronto for Indigenous entrepreneurs who are…

Trillium Manufacturing Network Releases Interactive Business Directory

Trillium Manufacturing Network Releases Interactive Business Directory

The Trillium Network for Advanced Manufacturing (also referred to as the Trillium Manufacturing Network) is a non-profit organization dedicated to supporting Ontario’s manufacturing industry. Funded through the Canadian federal and provincial governments, the Trillium Manufacturing Network is uniquely focused on helping Ontario manufacturers grow through mentorship and collaborative research opportunities. Recently, the organization was awarded…

$12M in Government Funding Invested in Canada’s Bioindustrial Industry

$12M in Government Funding Invested in Canada’s Bioindustrial Industry

Bio-industry companies are at the leading edge of sustainable science and innovation. These businesses develop agricultural or forestry by-products/waste and transform them into valuable chemical additives that can be used for a range of products such as bio-fuels, plastic packaging, or even automotive parts. Bioindustrial Innovation Canada (BIC) is an organization who focuses on helping…

$1.4M FedDev Ontario Government Funding Awarded to Two London Projects

$1.4M FedDev Ontario Government Funding Awarded to Two London Projects

FedDev Ontario is committed to growing the Ontario economy through a wide range of resources, support services, and government funding for small business, academic, and community projects. In 2013, Ontario accounted for 36.7% of Canada’s GDP, and the provincial government is committed to retain and improve this prominence. As a result, FedDev Ontario has helped…

Funding through Canadian Government Grants Helps Keep 750 Jobs in Windsor-Essex

Funding through Canadian Government Grants Helps Keep 750 Jobs in Windsor-Essex

Still reeling from the recent closure of the Heinz plant, the people of Leamington, Ontario received good news in the form of a funding announcement from the federal government. Investments of up to $200,000 to the Windsor-Essex Economic Development Corporation will support existing food processing businesses while attracting new investment to the region. The investment…

FAQs:  Investing in Regional Diversification

FAQs: Investing in Regional Diversification

Investing in Regional Diversification (IRD) program is offered through FedDev Ontario and is focused on providing financial support to not-for-profit organizations that have the capabilities to develop regional economic opportunities that diversify the economy and result in the creation of new jobs. Who is eligible to apply for this Canadian government funding program? The FedDev…

How to Qualify for and Apply to Investing in Regional Diversification

How to Qualify for and Apply to Investing in Regional Diversification

Does your not-for-profit support economic development in your community or region? The Federal Economic Development Agency for Southern Ontario (FedDev Ontario)’s Investing in Regional Diversification (IRD) government funding program should be of interest to you. FedDev Ontario believes that developing economic diversity will help Southern Ontario communities create sustainable, stable economies, especially for communities currently…

Investing in Regional Diversification – Canadian Government Grants

Investing in Regional Diversification – Canadian Government Grants

Investing in Regional Diversification (IRD) is a new program offered through FedDev’s Ontario 2013 Action Plan. This program is a non-repayable Canadian government grant, which covers 50% of project costs up to a maximum of $20 million. The remaining 50% must be provided as a cash contribution. IRD Government Grants Canada for Not-For-Profits -Program Focus…