Success Story: Over $41M awarded in January

Success Story: Over $41M awarded in January

The Canadian Government awarded over $24M in business grant and loan support through the Prosperity Initiative to Ontario companies in the month of January.  This support will be used by businesses and not for profits to acquire new capital equipment, improve facilities, create jobs, and support their supply chain. Of this, Mentor Works clients were…

Canadian Government Funding Supports Innovation in Waterloo Region

Canadian Government Funding Supports Innovation in Waterloo Region

Communitech Corporation is receiving a Canadian government funding for small business contribution of up to $6.4 million through FedDev Ontario’s Technology Development Program to construct two next-generation satellites.  Members of Parliament for Kitchener Centre and Kitchener-Waterloo were on-hand, on behalf of Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario)…

FedDev Prosperity Initiative: $20M Canadian Government Funding for Business Expansion

FedDev Prosperity Initiative: $20M Canadian Government Funding for Business Expansion

FedDev Government Funding for Small Business Much like many of the small business grants offered by FedDev, this initiative is aimed at developing a more diversified and competitive economy in Southern Ontario.   FedDev has pledged $210 million to this program which will give businesses the tools they need to expand geographically as well as generate…

SOFII Government Funding for Investment in Innovation Release

SOFII Government Funding for Investment in Innovation Release

The Southern Ontario Fund for Investment in Innovation (SOFII), a Canadian government funding program, was first showcased in a blog in early July 2012. FedDev Ontario announced that this $20M investment, funded by their Prosperity Initiative, would support SME’s across Southern Ontario. The Canadian Government Funding program is  divided into two regional areas with involvement…

New Government Funding for Investment in Innovation – SOFII Jobs Growth

New Government Funding for Investment in Innovation – SOFII Jobs Growth

The Southern Ontario Fund for Investment in Innovation (SOFII) is a new Canadian government funding program that was released yesterday. FedDev Ontario announced that this $20M investment funded by their Prosperity Initiative would support SME’s across Southern Ontario. There was a strong realization that innovation is critical to creating high-value job opportunities and creating a…