Organization: FedDev Ontario

The Short Report, Sept 11, 2019: Genome lab, industrial IoT, ecommerce

The federal government and the province of Quebec are teaming up to fund the creation and operation of a Montreal-based international centre of expertise for the advancement of artificial intelligence, focused on the responsible and ethical development of AI technologies, as part of the Global Partnership on AI (GPAI). Ottawa is committing $10 million over five…

CAN Health Network to offer integrated market for high-growth SMEs

The Government of Canada has announced an initial investment of $7 million to create the CAN Health Network, a pilot project that seeks to help high-growth health companies scale faster in the domestic market by accessing consolidated procurement opportunities.

The Short Report, July 17, 2019: Frailty, electric vehicles, cloud computing

A new report by the Toronto Region Board of Trade’s World Trade Centre Toronto (WTC-T) argues that the Toronto region needs a better scaleup ecosystem to grow its small and medium enterprises. Titled ”Defying Gravity: Building a Scaleup Ecosystem,” the report claims that the region provides ample support to tech startups through its numerous accelerators…

The Short Report, June 19, 2019 – Research chairs, cybersecurity, Strategic Innovation Fund

Science and Sports minister Kirsty Duncan has announced over $275 million for 346 new and renewed Canada Research Chairs at 52 institutions across Canada. It was the most gender diverse competition yet: 47% women, 22% visible minorities, 5% persons with disabilities, and 4% Indigenous peoples. The Canada Foundation for Innovation is contributing another $5.2 million…

The Short Report – May 15, 2019: Early career awards, cannabis R&D, AI

Minister of Science and Sport Kirsty Duncan has announced the first 157 early career researchers to share $38 million under the recently launched New Frontiers in Research Fund. Each recipient will receive up to $250,000 over the next two years to support international, interdisciplinary, fast-breaking and high-risk research. – Newswire Vancouver-based Centre for Drug Research…

The Short Report – April 17, 2019: Indigenous innovation, Ontario budget, scaling network

Western Economic Diversification Canada (WD) announced more than $1 million over four years for a new Social Purpose Institute (SPI), launched by United Way of the Lower Mainland. The initiative aims to promote economic growth and social purpose in British Columbia.  – Newswire The governments of Canada and Quebec are investing $8.4 million in Uniboard Canada…

FedDev Ontario receives $1B from ISED to fuel economic growth

Navdeep Bains, Minister of Innovation, Science and Economic Development, has announced more than $1 billion in funding for FedDev Ontario to invest in innovative businesses and networks in southern Ontario over six years.

Fed-Dev Ontario Announces Funding for Ontario Angel Networks

The federal government is providing new funding for angel investments in Ontario. Mary Ng, Federal Minister of Small Business and Export Promotion, made the official announcement on September 26 as she was participating in a panel discussion on angel investments at the National Angel Capital Organization’s World Angel Investment Summit. Up to $1.5 million will…

Sanofi to build vaccine facility with government help

Sanofi Pasteur Limited will receive up to $70 million to help construct the 150,000-square-foot Bulk Biologics Facility at the Connaught Campus in Toronto. The governments of Canada and Ontario contributed the amount to help establish the $500-million vaccine-manufacturing facility. Through the Advanced Manufacturing Fund, FedDev Ontario contributed $20 million, which is a repayable contribution. For its…