How the New Federal Cabinet Might Impact R&D Funding in Canada
On November 4th, Prime Minister Justin Trudeau’s first, thirty-person cabinet was sworn into office. This group includes two ministers who will hold research and development-related portfolios in the new government. Kirsty Duncan, a medical geographer and former professor at the University of Windsor and the University of Toronto, was named Minister of Science, replacing outgoing […]
FedDev Announces Creation of Canadian Centre for Product Validation
On March 6, 2015, it was announced that London-based Fanshawe College in southern Ontario will be receiving an $8.1 million federal contribution to build a 20,000 square foot facility to validate and test industrial, internationally developed products for market. The Canadian Centre for Production Validation (CCPV) will be the first facility in Canada to offer […]
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 […]
Government Continues to Support Ontario Businesses Through Extension of Eastern Ontario Development Program
Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario, met with stakeholders from the Ontario Association of Community Futures Development Corporations (OACFDC) for their 20th annual conference on September 25th. It was noted that while Ontario has made significant progress (creating jobs and growing the economy) since 2009, Southern Ontario […]
Cornwall Business Expands with Assistance From the Southern Ontario Fund for Investment in Innovation (SOFII)
Chalk up another victory for Canadian government funding as MPIQC expands its facilities with assistance from the Southern Ontario Fund for Investment in Innovation (SOFII) program. MPIQC is an electronics manufacturer that provides products and services for a vast assortment of clientele including space and satellite, military and defense contractors, communication firms, government, automotive speciality […]
FedDev leads $20M funding round for 8 Toronto startups
The Federal Economic Development Agency for Southern Ontario (FedDev) put up $4.85 million into young startups, in order to leverage an additional $15.2 million from venture capital and angel investment groups. The companies to receive funding are as follows: Trillium Therapeutics Inc. Total funding: $2.97-million Sources: $965,000 from FedDev and $2-million from Covington Capital, GrowthWorks, […]