Toyotetsu Canada is an automotive parts manufacturer that develops body, chassis, and functional parts for Toyota vehicles. With operations in Simcoe, Ontario, Toyotetsu Canada is an integral member of Toyota’s supply chain. The parts produced at this facility supply Toyota’s assembly facilities in Cambridge and Woodstock, Ontario, where the Lexus RX and RAV4 models are…
Geomatics technologies measure, analyse, and display spatial information describing geological features and manmade structures. These innovations are used across many of Canada’s top industries like agriculture, energy, mining and energy. Refining commonly used technologies can drive even greater profitability among these industries, which makes geomatics technology research and development so important in Canada. TECTERRA is…
The Build in Canada Innovation Program (BCIP) is a competitive first-purchase procurement program led by Canada’s federal government. Through BCIP, Canadian technology developers can connect with government departments, test their pre-revenue innovations in real-world settings, and potentially sell their solution to the government in exchange for a federal government contract. BCIP funding can help Canadian innovators access…
Moving new and innovative technologies from research and development to the marketplace is not an easy process. Along the way, innovators need to formalize a commercialization strategy – requiring significant capital and human resource expenses. Yet for many Western Canadian businesses, pre-commercialization funding gaps are the main cause for products and services being delayed or…
Ontario-based interactive digital media companies have many options when it comes to accessing government funding for software production projects. In addition to federal grants and incentives, the Ontario Creates (formerly OMDC) also offers provincial funding programs to extend support for innovative software development and commercialization projects. These include digital media grants and tax credits designed…
In September 2017, the Government of Canada announced it would be supporting innovative Naval LED Lighting Solution fixtures designed for navy vessels. Marine Industrial Lighting Systems Ltd. has been awarded a $1M contract to replace traditional fluorescent lights on combat navy vessels with new LED fixtures. The investment will help make marine vessels conserve more…
Canada’s technology sector is a cornerstone of the booming knowledge economy. It’s supported by some of the world’s top post-secondary institutions and is also favourably impacted by immigration policies, which see some of the world’s top technology entrepreneurs come to Canada to launch new ideas. At a time where technology’s importance is surging globally, Canada…
The Government of Ontario has awarded over $400,000 in small business grants to TimeHero Inc. The investment will allow the company to develop an innovative scheduling app to help other businesses manage their time and become more efficient. The contribution will be provided through the Northern Ontario Heritage Fund Corporation (NOHFC), which supports economic development…
The Strategic Innovation Fund (SIF) is a Canadian government funding program that provides support for technology development and productivity-boosting projects. It promotes large-scale investments in Canada, while also encouraging technology transfer and development/commercialization of disruptive products and services. The Strategic Innovation Fund reduces eligible project costs by up to 50%; this helps businesses improve productivity…
The Government of Canada has awarded $11.5 million in Canadian government grants to support 6 manufacturers to accelerate the development of new automotive technologies. The investment will help each Ontario automotive supplier develop innovative technologies to be used in hybrid and electric vehicles. Each project will help address climate change concerns by creating technologies that…