The Government of Ontario has invested $100M into the new Venture Ontario Fund, a joint enterprise of a total $205M to provide venture capital and business growth funding for Ontario businesses enhancing innovation, economic growth, and job creation.
Attend a Mentor Works webinar in June 2021 to learn about how government funding programs can help your business succeed.
The Government of Ontario has announced an additional investment of $50M to the Ontario Together Fund (OTF), a program which helps businesses pivot their manufacturing operations to focus on producing solutions for fighting COVID-19.
Administered by the Government of Canada through the Strategic Innovation Fund (SIF), an investment of up to $415 million has been awarded to support Sanofi in building an influenza vaccine biomanufacturing facility in Toronto, Ontario.
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.
The Ontario 2021 Budget allocated $400M towards the creation of a new funding agency called Invest Ontario which will provide business grant, loans, and funds.
Through a combination of various government funding programs, Mentor Works has helped Girotti Machine access over $450,000 in grants and loans for economic growth and innovation.
The Government of Canada and the Government of Ontario have awarded a combined $10M to First Cobalt Corporation for the domestic and ethical production of cobalt sulfate, an essential element used to develop long-range electric vehicles.
The Northern Ontario Heritage Fund Corporation (NOHFC) has announced four new government funding programs to support and develop Canadian businesses located in Northern Ontario.
There are many benefits of using Canadian government funding for business growth. Learn how grants and loans can support your top strategic projects.