Kilmarnock Enterprise, an industrial solutions provider, has been awarded FedDev Ontario funding for COVID-19 solution projects, including a simplified and inexpensive ventilator.
The Canadian federal or provincial governments offer numerous programs that support Canadian companies with projects aimed at growing international partnerships and increasing exports.
The Tourism Economic Development and Recovery Fund supports projects that improve Ontario’s visitation and visitor spending by developing innovative tourism products and/or services.
The Quantum Leap Funding Program helps SMEs and Canadian universities develop innovative pharmaceutical solutions for safer drug options.
A $24.8 million investment from the SDTC Tech Fund is providing nine Canadian businesses with the opportunity to research and develop sustainability projects focused on innovative clean technology.
Alberta has invested an additional $5M into the Accelerate Fund to provide financial aid towards the early growth stages of innovative technology projects.
The Government of Canada has extended the Innovation Assistance Program (IAP) by $155 million to continue supporting Canadian businesses through the adverse economic impacts caused by COVID-19.
The Canada Media Fund (CMF) has announced an investment of $40.6M to support the development, production, and marketing of 94 Canadian projects.
The NRC has awarded government funding towards Canadian projects that will research and develop solutions to help prevent and fight the COVID-19 pandemic.
Led by the APMA, Project Arrow pursues construction of a zero-emissions vehicle to highlight Canada’s innovation in the automotive sector.