The financial technology (fintech) sector is a growing component within Canada’s knowledge-based industries and focuses on the development of innovations and technologies for the financial services industry. By 2018, it is expected financial institutions will spend over $14 billion annually on fintech to solve internal technical challenges. Businesses like Secure Key, Phoenix, and eSentire are…
Can you create an open data retrieval platform that accesses non-standardized data sets? How can the thousands of parameters affecting watercourses be used to help a sport angler? Is there a way to apply machine learning to the process of interpreting satellite imagery? Enterprises are increasingly using open data sets to create or improve their…
Please Note: The Low Carbon Innovation Fund is closed and will not accept further applications. Please browse other research and innovation funding programs. The Province of Ontario is a leader in the development of greenhouse gas (GHG) emission policies and government funding programs. Its unique focus on maintaining and even lessening environmental degradation goes beyond the…
Alberta’s oil sands are critically important to the provincial economy, both in terms of employment and overall economic output. Despite this immense economic benefit, oil sands are Canada’s fastest growing source of greenhouse gas (GHG) emissions, and sustainable technologies are needed for the industry to survive mounting environmental pressures. Fortunately, innovative products and processes can…
Alternative transportation methods are growing in popularity across the world. Instead of owning or leasing vehicles, people are increasingly looking for ride-sharing and hailing services which can reduce the cost and responsibility associated with travel. These new trends have been gaining momentum for years, but have recently become common in urban areas with higher population…
The Government of Ontario has a vested interest in the development and commercialization of innovative disruptive technologies. We see this through a number of available government funding programs. Rapid advances in technology, such as 3D printing and artificial intelligence, are transforming many of Ontario’s key industries and the government wants to help. To support this…
The Government of Canada recently announced it would be investing a combined total of $5.5M to support two innovative technology development projects. The investment will support research activities for improve drone technologies in Newfoundland and Labrador. The contribution will be provided through the Atlantic Innovation Fund (AIF), which supports industry-led research and development collaboration projects….
One of the most exciting automotive technology trends happening in Canada and globally is the emergence of autonomous vehicles. Self-driving cars reduce involvement in the driving process; this helps eliminate accidents, lower fatigue and stress, and improves passenger productivity. It’s a disruptive trend that will impact automotive manufacturers and technology developers alike for the foreseeable…
Since launching in 2010, the Build in Canada Innovation Program (BCIP) has extended more than 240 government contracts and provided over $100 million to Canadian innovators. This includes a range of military and non-military innovations, such as these two BCIP success stories from early-2017. A total of 30 Canadian government departments have participated in the…
The Advancing Water Technologies (AWT) program provides Ontario government funding to support tech-focused research collaborations between businesses and post-secondary institutions. The program provides industry partners with up to 50% coverage of project expenses to a maximum $100,000 in technology grants. Ontario small business grants can be used to support the commercialization of globally competitive technologies,…