Canada’s forestry sector is a vital part of the Canadian economy and is crucial to the wellbeing of many communities that rely on it. Incorporating more advanced technology to drive environmental, community, and economic benefits is one of the government’s top priorities for the Canadian forestry industry. Innovations in wood processing can advance the development…
exactEarth is a Satellite Automatic Identification Systems (S-AIS) technology developer that collects and transmits global maritime vessel data. Since 2009, the Cambridge, Ontario-based company has been a top innovator of AIS vessel tracking systems and now captures significantly more data than any other space-based AIS system. With global customers ranging from national governments to coast…
Canadian women often face financial barriers as they start and expand businesses. While there are many factors that have led to women owning fewer than 16% of businesses in Canada, access to financial resources is undoubtedly one of the greatest hurdles to overcome. Although there is greater gender equality in the workforce now than ever…
Canadian companies are continuing to develop innovative products and processes to solve environmental challenges. Quebec-based Alliance Magnesium is one of these innovative companies and has recently been awarded clean technology grants for their environmentally friendly mining project. The company has created a clean magnesium technology in efforts to position itself as an emerging global leader…
The government of Canada has recently awarded Hamilton steel and aluminum producer ArcelorMittal Dofasco with Canadian government funding. Financial support from the government will help the company retain over 6,000 jobs, modernize its facilities to enhance productivity and reduce environmental impact, and sustain its competitiveness and long-term prosperity with global partnerships. ArcelorMittal has received $49,900,000…
For many businesses, entering a new market is a risky, time consuming, costly, and stressful endeavor. While businesses that already export can benefit from previous experience, existing processes, and internal know-how when entering a new market, there are still many risks in export expansion. Risk is amplified for businesses entering their first export market. While…
The Canadian International Innovation Program (CIIP) is a research and development funding program that incentivizes global commercialization partnerships. Through the program, Canadian businesses can find international innovators to help further develop and commercialize technologies. Funding offsets a portion of eligible costs associated with technology adaptation, validation, and co-development projects. CIIP research and development funding reduces the…
The Government of Canada has awarded 14 innovative companies government funding for clean technology development projects. These cleantech projects will create jobs, provide solutions for a variety of environmental challenges, and help Canada meet its climate change goals. 14 Canadian companies have received a combined total of $58,600,000 in cleantech grants from the Sustainable Development…
Ottawa-based communications technology firm Martello Technologies has recently received federal government funding to accelerate the development of their network performance management services. In today’s age of rapid digital transformation, an increasing need for bandwidth-intensive real-time services, such as video streaming, has generated a network performance management challenge; which Martello saw an opportunity to capitalize on….
Ontario’s innovation landscape is continuing to grow and transform at a rapid pace. This creates a demand for early-stage, high-growth businesses to have access to incubation space and entrepreneurial expertise that can support the development of competitive products and services in service of both national and international markets. Serving these companies and offering resources for…