FedDev Ontario has awarded a government grant of $7.5M for Invest WindsorEssex to develop and launch Canada’s first-ever automobility accelerator. The project will support 1,350 cleantech entrepreneurs, boost business growth, and attract $40M in foreign investment.
Through the Innovative Solutions Canada (ISC) Program, the Government of Canada has invested a total of $8 million in funding to eight Canadian companies that will research and develop innovative solutions related to managing COVID-19.
Administered through a $1.5B investment to the Clean Fuels Fund, the Canadian government is providing funding support for the research and development of cleaner fuel solutions that will aim to reduce fuel emissions pollution in Canada by 2030.
The Black Entrepreneurship Loan Fund aims to reduce barriers Black Canadians face in accessing funding by providing support loans of up to $250,000 to eligible Black Canadian business owners and entrepreneurs for economic business growth and success.
The Government of Ontario has announced an additional investment of $50M to the Ontario Together Fund (OTF), a program which helps businesses pivot their manufacturing operations to focus on producing solutions for fighting COVID-19.
The Investments in Forest Industry Transformation (IFIT) Program Capital Investments Stream is now accepting funding requests for eligible transformative and innovative projects. The deadline to apply is July 22, 2021.
The Government of Canada has invested $80 million over four years through the Cyber Security Innovation Network Program to support cyber security projects focusing on research, development, commercialization, and skills development for stronger systems that will protect Canadians online.
Through the Early Adopters Stream of the Agri-Tech Innovation Cost-Share Program, Ontario farm and processor businesses can receive up to 35% to a maximum of $100,000 per eligible costs on a relevant COVID-19 safety project with a value of at least $150,000.
Accelerated by COVID-19, businesses are rapidly shifting to create e-commerce solutions for customers.
The Disruptive Technology Solutions for Cell and Gene Therapy Challenge Program supports the research and development of affordable and accessible therapy solutions for Canadians living with chronic and rare diseases and conditions.