Administered by the Government of Canada through the Strategic Innovation Fund (SIF), an investment of up to $415 million has been awarded to support Sanofi in building an influenza vaccine biomanufacturing facility in Toronto, Ontario.
FedDev Ontario is investing $3.9M to support the job growth and innovation of two manufacturers, Kumi Canada Corporation and York Metal Products.
Ontario is awarding a total $3 million to Techo-Bloc to establish its first manufacturing facility in Ontario which is expected to create 50 new jobs in the Waterloo Region as the province prepares for recovery following COVID-19.
Through a combination of various government funding programs, Mentor Works has helped Girotti Machine access over $450,000 in grants and loans for economic growth and innovation.
The Government of Canada and the Government of Ontario have awarded a combined $10M to First Cobalt Corporation for the domestic and ethical production of cobalt sulfate, an essential element used to develop long-range electric vehicles.
Administered through Sustainable Development Technology Canada (STDC), the Government of Canada has announced $55 million in government funding support to 20 leading cleantech companies to work on revolutionary projects that will help meet Canada’s net zero climate change goals.
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.
Sixteen northern Ontario projects will create new skilled jobs and retain workers in local communities thanks to the $800K investment from the Rural Economic Development (RED) program.
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 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.