Climate change is one of the most significant global challenges humankind has ever faced. To overcome it, a variety of solutions will need to be implemented across the world. Clean technologies (cleantech) comprise the most promising solutions so far; as technologies are developed and deployed, carbon emissions decrease and the effects of climate change lessens….
Guided by regulatory requirements and a shift in consumer preferences, electric vehicles are on the path to taking over global market share for new vehicle sales. While there are still many years ahead where internal combustion will reign supreme, the inevitable swing in market preference will eventually catch up. But when will this be? How…
In March 2016, QD Solar Inc. was awarded $2.5 million in Canadian government grants to help commercialize its latest clean technology development project. This investment has helped enhance and accelerate the market readiness of the company’s new solar photovoltaic technologies. This contribution was provided by the SD Tech Fund, which supports development and demonstration of…
Please Note: JPF is closed. Please consider the Business Scale-up and Productivity program for similar support. The Jobs and Prosperity Fund (JPF) is an Ontario government funding program created to support large-scale business expansion and capital investment projects. The initiative awards Ontario business grants for projects that enhance productivity, become more innovative, and compete in international markets. JPF…
The future of electric vehicles (EVs) are becoming increasingly clear. Battery and engine technologies are being researched and developed at record pace; this has allowed global consumer demand to increase steadily. As more consumers begin to understand the technology and feel comfortable investing in electric vehicles, the market will become dominated by this trend. This…
New data released by Statistics Canada has shown that Ontario’s economy is strengthening, particularly in relation to employment. Although some metrics may fluctuate from month to month, contrasts to the same period last year (or even the last 10+ years) show some emerging trends all businesses should be aware of. In April 2017, Ontario’s unemployment…
St. Catharines manufacturer, Girotti Machine Ltd., has been awarded nearly $23,000 in Ontario training grants and that’s just the beginning of their funding plans. Government funding has allowed the company to implement technical training for its 40 employees. The manufacturer recently integrated funding into its strategic planning process to support upcoming projects. To implement its…
Canada’s aerospace industry has been strong for decades, but new trends are transforming the industry and requiring aerospace manufacturers to be more proactive in their approach to growth. In 2015, Canada’s aerospace industry generated nearly $30 billion in revenues, of which 70% came from manufacturing – this marks an 11% increase between 2010 and 2015….
Marine technology manufacturer, Kraken Sonar Systems Inc., will receive up to $1.47 million in NRC IRAP research grants to support the development of underwater robotics. This investment will help the company develop a technology demonstration platform to increase Autonomous Underwater Vehicle (AUV) capabilities. The contribution will be provided through the NRC-IRAP Mid-Size Project program, which…
Marwood Metal Fabrication Ltd. is a Tillsonburg, Ontario-based supplier of metal stampings and assemblies who supplies some of the world’s largest automotive original equipment manufacturers (OEMs). Since being founded in 1990, they have enjoyed great success and have scaled-up over time to provide customers with more innovative products and services. Growth in recent years has…