Southern Ontario Fund for Investment in Innovation (SOFII) Released

Reading Time: 3 minutes

Canadian SMEs are paramount to Canada’s economic performance as they employ over half the nation’s workforce and make significant contributions to Canada’s GDP. Innovation is critical to the growth of Canadian SMEs, allowing them to create high-value job opportunities and shape a prosperous economic future in any community. With these realizations, FedDev Ontario has recently…

New Government Funding for Investment in Innovation – SOFII Jobs Growth

New Government Funding for Investment in Innovation – SOFII Jobs Growth

Reading Time: 4 minutes

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…