Organization: FedDev Ontario

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…

CME’s SMART program receives another $20 million

FedDev Ontario has invested $20 million in the renewal of Canadian Manufacturers & Exporters’ SMART Advanced Technologies for Global Growth program to assist firms in southern Ontario with the acquisition and use of advanced technologies in their manufacturing operations. The program provides grants up to $15,000 (covering 50% of eligible costs) for advanced technology assessments…

FedDev refunds YLF-delivered manufacturing fund

FedDev Ontario is providing the Yves Landry Foundation (YLF) with $9 million to continue delivering the Achieving Innovation and Manufacturing Excellence Global initiative. The program is designed to assist export-oriented manufacturers with employee training in support of the adaptation of new technologies, processes and procedures that boost productivity and competitiveness. It provides up to 50%…