Three companies in the Greater Toronto Area have in total received $5.6M in research and development funding from the National Research Council’s Industrial Research Assistance Program (NRC IRAP). The research and development projects of the three firms are some of the first to benefit from the federal government’s Budget 2018 investment of $700M over five…
Toronto company Datametrex AI Ltd. has been awarded $945K from the federal government’s Department of National Defence (DND) to continue the company’s development of its social media discovery and monitoring platform. Funding comes from the DND’s Innovation for Defence Excellence and Security (IDEaS), a federal procurement program that supports the development of defence and security…
The City of Toronto has received $5M from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) to create an Indigenous Centre for Innovation and Entrepreneurship (ICIE). The ICIE will be the first business incubator of its kind in southern Ontario and will provide space and support in Toronto for Indigenous entrepreneurs who are…
As of 2018, SCALE.AI has been one of five business-led superclusters as part of Canada’s Innovative Superclusters Initiative. SCALE.AI (Supply Chains and Logistics Excellence AI), based out of Quebec, specifically focuses on strengthening Canada’s leadership in artificial intelligence, and accelerating industry adoption of enabling technologies through collaborative and incremental projects. In summer of this year,…
Indoor farming is taking off in Ontario, Canada as a whole – in businesses, remote communities, cities with harsh climates, even in homes. It’s not just a greenhouse model; these plants are often grown without soil and in climate-controlled environments. While indoor agriculture reduces the amount of water and energy that goes into agriculture production,…
VoxNeuro has received financial support from the National Research Centre’s Industrial Research Assistance Program (NRC IRAP) to accelerate the company’s commercialization of the world’s first objective cognitive health assessments. The assessments use EEG-based neuroimaging to diagnose brain injuries in new ways. VoxNeuro received nearly $250K in Canadian research grants for technology that helps identify specific…
FCA Canada recently received funding from the Ontario provincial government to support an investment in a new Vehicle Dynamics Simulator (VDS) lab that features the most advanced driving simulation technology in North America. FCA Canada, a subsidiary of FCA US, operates assembly facilities in Windsor and Brampton, Ontario; these facilities produce several Chrysler and Dodge…
Many businesses that Mentor Works deals with have heard of the two most popular research and development (R&D) funding programs: NRC’s Industrial Research Assistance Program (NRC-IRAP) and the SR&ED tax credit program. Both are valuable programs that support innovation and commercialization efforts. However, most of our clients are unaware of the wider range of programs…
Next Generation Manufacturing Canada (NGen), one of the Canadian government’s Innovation Superclusters, has approved its first project, a collaborative undertaking with total costs of $4.2M, led by iVexSol Canada (Intelligent Vector Solutions). NGen will provide $1.89M to develop a new manufacturing process for viral vectors, which are crucial components in the treatment of cancers and…
An Ontario-based technology company, Rockport Networks, has received funding from the federal government to develop Networking at the Edge (NATE). The $49.9M project will create software-enabled network systems for data storage, making these systems more energy efficient, as well as faster and more secure. Rockport Networks, located in Ottawa and founded in 2012, specializes in…