FedDev Ontario is committed to growing the Ontario economy through a wide range of resources, support services, and government funding for small business, academic, and community projects. In 2013, Ontario accounted for 36.7% of Canada’s GDP, and the provincial government is committed to retain and improve this prominence. As a result, FedDev Ontario has helped…
Technology companies are constantly innovating and transforming ideas into exciting new products and services. The Ontario technology sector is growing substantially with companies developing new products, and according to Invest in Ontario the IT sector here is the second largest cluster after California. Ontario’s IT cluster is centred on Kitchener-Waterloo, a region host to a…
Mississauga, Ontario based aerospace parts manufacturer, Koss Aerospace, will receive Ontario government funding from one of FedDev Ontario’s Southern Ontario Prosperity Initiatives (SOPI) to support facility expansion efforts, creating jobs in the region. Through the Investing in Business Growth & Productivity (IBGP) Ontario funding, Koss Aerospace will receive an investment of nearly $5M, which will…
The Ontario provincial government is actively distributing their Southern Ontario Prosperity Initiatives (SOPIs) to encourage economic growth, job creation, and innovation. Wolf Steel Ltd., a Barrie-based manufacturer of Napoleon Fireplaces, was recently awarded over $4 million in repayable Ontario government funding through the Investing in Business Growth & Productivity (IBGP) small business loan. This funding…
Three medical companies located in the Greater Toronto Area (GTA) will receive up to $2.2 million in investments in the year 2015. In an effort to continually advance and develop southern Ontario’s innovation sector, the Investing in Business Innovation (IBI) Initiative provides new entrepreneurs with a 0% interest business loan to support commercialization projects for…
The first phase of the Investing in Business Innovation Canadian business grants and loans program is positioned to make a big impact on small businesses in southern Ontario, including most recently healthcare solutions businesses in London and Toronto. London Ontario Cancer Treatment Receives Backing from FedDev Ontario and Venture Capital Trillium Therapeutics Incorporated was the…
FedDev recently launched a new suite of Canadian business grants and loans called Southern Ontario Prosperity Initiatives worth $530 million collectively. In response, Mentor Works is offering a string of complimentary workshops and webinars to help educate applicable businesses. Our webinars will focus on these new programs, including Investing in Business Innovation (IBI) and Investing…
To provide a more productive, diversified and competitive economy in Southern Ontario, FEDDEV Ontario has allocated $210 million to this new program called the Prosperity Initiative
FedDev Ontario invests in Next Hydrogen and Pulp Moulded Products, boosting Southern Ontario’s sustainable manufacturing and green tech leadership.
FedDev Ontario Receive up to $10M in Government Funding. The Spring Intake for FedDev Ontario is now open. FedDev Ontario helps businesses grow, adopt innovative technologies and gain competitive advantages through strategic funding that supports productivity improvements, increased exports, and workforce expansions. FedDev Ontario offers a variety of programs tailored to accommodate your business initiatives….