Canada Invests $3B in Net Zero Accelerator Program for Cleantech Innovation
The Net Zero Accelerator Program promises Canadian innovation of cleantech projects and economic growth.
Strategic Innovation Fund (SIF) Bio-Manufacturing Funding for COVID-19 Response
Strategic Innovation Fund (SIF) support is expediting bio-manufacturing projects related to COVID-19.
Strategic Innovation Fund: Rockport Networks Awarded $12M
An Ontario-based technology company, Rockport Networks, has received funding from the federal government to develop Networking at the Edge (NATE). The $49.9M project will create software-enabled network systems for data storage, making these systems more energy efficient, as well as faster and more secure.
Rockport Networks, located in Ottawa and founded
Strategic Innovation Fund Awards $20M for Gerdau Ameristeel
Gerdau Ameristeel, a major producer of long steel in the Americas and one of the world’s largest suppliers of special steel, has been awarded funding from the federal government to complete facility upgrades at its locations in Whitby and Cambridge, Ontario, and to help increase the organization’s global competitiveness.
Gerdau Ameristeel
Strategic Innovation Fund (SIF): $20M for Woodbridge Foam Corporation
Woodbridge Foam Corporation, based out of Mississauga, Ontario, is a global systems solution provider specializing in fully-integrated foam solutions. These solutions – including polyurethane, polypropylene, polystyrene, and polyethylene – are destined for both automotive and non-automotive markets. The company has recently received Canadian government funding to support facility upgrades and
Strategic Innovation Fund: National Ecosystems (Stream 5) Now Open
Since its launch in 2017, Canada’s Strategic Innovation Fund (SIF) has undergone several enhancements to support investments in advanced technology. This includes the launch of a fourth funding stream, Research Consortiums and Networks and more recently, the launch of a fifth stream called “National Ecosystems.” Unlike SIF’s fourth stream, which
Strategic Innovation Fund: $7.3M for Smart Home Security Technology
Based in Waterloo, Ontario, Cognitive Systems is contributing to the continuous development of motion technology to advance the smart home ecosystem. Their primary technology, WiFi Motion™, uses wireless signals to sense motion in homes and is intended for the security, smart home, and wellness monitoring markets. This disruptive technology uses
Strategic Innovation Fund Invests $37.5M into BioVectra Inc.
BioVectra Inc., based in Charlottetown, Prince Edward Island, serves the medical and biotech sectors and manufactures pharmaceutical products. These products have been used in the treatment of illnesses such as kidney disease, cancer, multiple sclerosis, and cardiovascular disease. The firm has recently received Canadian government funding to support strategic growth
Budget 2019: Impacts on the Canadian Government Funding Landscape
When Canada’s federal budget was released on March 19, it gave Canadians another look at the Liberal party’s spending strategies. Like previous years, the federal government is staying committed to investment aimed at boosting the economy, especially as it relates to middle-class families. However, Budget 2019 also provided many great
Strategic Innovation Fund (SIF): $40M for Steel Producer
EVRAZ North America is a leading producer of engineered steel products for the energy, industrial, and rail industries. Throughout their multiple locations in the United States and Canada, the company employs more than 3,000 people. EVRAZ North America has recently received government funding which will support the costs of facility