Waterloo Region Scale-ups receive nearly $30M in Federal Investment
On July 29, 2020, Minister Mélanie Joly announced an investment of nearly $30M by FedDev Ontario for Waterloo Region based scale-ups in the fields of advanced manufacturing, medical technology, information and communications technology and video communications. The announcement was made as part of Minister Joly’s visit with Waterloo Region’s tech community to discuss current challenges […]
New FedDev Funding For Rural Innovation Projects
SMEs operating in rural Southern Ontario within priority sectors such as advanced manufacturing, clean technology, digital industries, and food processing and Agtech may be eligible to receive a non-repayable grant to cover up to 50% of eligible project costs for a maximum of $100,000 through the FedDev Rural Innovation Initiative (RII) Regional stream. FedDev is […]
New FedDev Funding Announced- Business Scale-up and Productivity Stream
If your company is a Canadian or provincially incorporated businesses located in southern Ontario you may be eligible to receive a repayable grant to cover up to 35% of eligible project costs for a maximum of $10 million per project through the FedDev Stream 1: Business Scale-up and Productivity Stream. The recently announced Business Scale-up and Productivity Stream aims […]
Investing In Business Growth and Productivity (IBGP)
FedDev recently announced a new funding program called Investing in Business Growth and Productivity (IBGP). Funding will target projects that assist businesses to grow through market diversification and expanding facilities; or projects that increase adoption of new technologies and processes to improve productivity. Through a repayable contribution, companies can receive up to 25% of eligible […]
New Southern Ontario Prosperity Initiatives From FedDev Ontario
FedDev Ontario has announced their Southern Ontario Prosperity Initiatives, which will have funding available effective April 1, 2014. The 4 main programs under the Southern Ontario Prosperity Initiatives are: Investing in Business Growth and Productivity (IBGP) – Assists existing southern Ontario businesses to adopt new technologies that have the potential to improve productivity and expand […]
CME-SMART Prosperity Now Program
The CME-SMART Prosperity Now program provides funding to manufacturers in South Ontario who commercialize technologies, enter new markets, invest in renewable energy, improve efficiency, and invest in manufacturing efficiencies. In January, FedDev Ontario announced that it would contribute $18.9 million to support Smart Prosperity Now. SMART provides: 1. Up to 33 percent of costs for productivity […]