Workforce Development Funding for Biotech Companies
As issues with climate change and rapidly depleting resources are becoming more urgent, there is a pressing need to form strategies to achieve sustainable development goals (SDGs). In Canada, a bio-economy is being adapted as a key strategy to support SDGs. Bio-economy is defined as economic activities associated with the invention, development, production and use […]
Redefining Medical Technology in the Toronto-Waterloo Corridor

As the second-largest technology supercluster in North America, the Toronto Waterloo Corridor is a global hub of research, innovation, and talent with over 5000 tech startups, 16 universities and colleges, and 81 innovations hubs and accelerators. The Toronto-Waterloo Region ranked in the top 20 global ecosystems for Artificial Intelligence and Life Science and one of […]
Federal SR&ED Legislative Proposal Status Update
on June 21, 2019, Bill C-97, an Act to implement certain provisions of the 2019 federal budget received royal assent and became law. The Scientific Research and Experimental Development (SR&ED) Tax Incentive Program provides a basic 15%, non-refundable credit to all businesses performing SR&ED in Canada. Eligible small and medium-sized enterprises (SMEs) can qualify for […]
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 […]