To help Canadians in rural communities access high-speed internet, the federal government launched the $1.75B Universal Broadband Fund (UBF). Recently, $2.2M was awarded to bring connectivity to 310 households in the Niagara region.
The Ontario Creates Interactive Digital Media (IDM) Fund provides eligible applicants with up to $300,000 in grants for projects that focus on strengthening and stimulating economic growth and global market expansion in the interactive digital media sector.
Designed to support companies throughout the entire business life cycle, the NOHFC INVEST North Program supports economic growth and innovation by inspiring business development and expansion projects in Northern Ontario.
FedDev Ontario has announced an investment of $750k towards the Parkdale Centre for Innovation, a not-for-profit business accelerator, to expand its entrepreneurship program and support options for less represented groups.
The Northern Ontario Heritage Fund Corporation (NOHFC) has announced four new government funding programs to support and develop Canadian businesses located in Northern Ontario.
The Government of Canada invested $40 million into the future of Canadian students through supporting the creation of 5,000 new Mitacs internships for college and university undergrads across the country to offset placement shortages as a result of COVID-19.
An NRC IRAP investment will help four Canadian businesses to produce safe and effective treatments for those fighting the COVID-19 virus, while also building strong domestic plans to fight future pandemics.
Administered through BDC, the Highly Affected Sectors Credit Availability Program (HASCAP) supports Canadian businesses that have been hit hard by the impacts of the COVID-19 pandemic.
FedDev Ontario invests $7.2 million into London’s agri-food business sector. Over the next five years, the government funding will help new and existing agri-food businesses located in London, Ontario to reach their full potential.
The Southwestern and Eastern Ontario Development Funds offer up to $5M to support businesses undertaking economic development initiatives.