Government of Canada investment in the Scale-Up Platform is helping Ontario businesses and entrepreneurs at all stages of growth

“When high-potential businesses are able to scale up, they contribute to long-term prosperity and create jobs across our region. Through our continued support for the Scale-Up Platform, we are investing in the potential and growth of our businesses and entrepreneurs in Ontario.”
– The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) 

“Just like so many communities across the province, Ottawa is home to successful entrepreneurs who are growing our economy of today, while developing the innovations of tomorrow. Today’s announcement will support Invest Ottawa, Communitech and MaRS Discovery District as they continue to partner with local organizations and post-secondary institutions here at home and across southern Ontario to provide regionally tailored programming and support for thousands of businesses in our communities.”
– The Honourable Jenna Sudds, Minister of Families, Children and Social Development Canada and Member of Parliament for Kanata–Carleton

“We recognize the hard work of our local businesses and entrepreneurs and the importance of providing opportunities for our talent here to grow, develop and flourish. Today’s announcement for the Scale-Up Platform will help to support thousands of businesses and entrepreneurs, providing them with the tools needed for success and creating strong Canadian firms.”
– Bryan May, Parliamentary Secretary to the Minister of Small Business and to the Minister responsible for the Federal Economic Development Agency for Southern Ontario

“The Greater Toronto Region continues to foster an innovative environment for businesses and start-ups to grow and thrive. Today’s announcement for the Scale-Up Platform will help provide entrepreneurs and businesses with the tools needed to succeed and grow.”
– James Maloney, Parliamentary Secretary to the Minister of Justice and Attorney General of Canada and Member of Parliament for Etobicoke–Lakeshore 

“Our team at Invest Ottawa is honoured to collaborate with hundreds of amazing founders and homegrown companies that are growing our economy and changing our world for the better. Together with a host of scaleup partners, we are committed to helping these entrepreneurs fulfil their dreams, commercialize powerful solutions, and accelerate their global growth and success. This includes enabling them to establish deep roots, drive revenue and build globally competitive companies that thrive here for generations. Together, we are creating the jobs, economy, and community of our future.”
– Sonya Shorey, President and CEO, Invest Ottawa  

“Today’s announcement is a big step forward in supporting our founders and building a stronger tech ecosystem. With continued support from FedDev Ontario, we are able to provide founders with the resources, connections and opportunities they need to scale and succeed. We are not only working together to strengthen our tech ecosystem but also driving a more innovative, resilient economy for everyone.”
– Jennifer Gruber, Interim CEO, Communitech

“Supporting high-potential companies to scale is essential for fostering sustainable growth in Canada’s innovation ecosystem. MaRS Discovery District has proudly contributed to this mission by helping ventures generate revenues, create and maintain jobs, and attract significant capital over the past five years as part of the Scale-up Platform. This renewed investment enables us to extend critical resources to even more entrepreneurs, empowering them to drive impact and build the next generation of Canadian anchor companies.”
– Alison Nankivell, Chief Executive Officer, MaRS Discovery District 

• Through the Scale-Up Platform, Invest Ottawa, Communitech and MaRS Discovery District will continue to offer regionally tailored programing, including support for equity-deserving groups.

• Founded in 2013, Invest Ottawa is a not-for-profit corporation which acts as the lead economic development agency for knowledge-based industries in the Ottawa region, facilitating economic growth and job creation.

• Established in 1997, Communitech is not-for-profit based innovation hub for the Region of Waterloo that supports technology companies at all stages of growth and development.

• Established in 2001, MaRS Discovery District is a not-for-profit organization that offers business services, including hands-on advice and mentorship, assistance in making connections to capital, talent development, and augmenting customer growth in Toronto and Canada-wide.

• Since November 2015, FedDev Ontario has invested more than $2.8 billion to support nearly 3,600 projects across southern Ontario.

Associated links

• FedDev Ontario
• Invest Ottawa
• Communitech
• MaRS Discovery District

Edward Hutchinson
Press Secretary
Office of the Minister responsible for the Federal Economic Development Agency for Southern Ontario
Edward.Hutchinson@feddevontario.gc.ca

FedDev Ontario Media Relations
media@feddevontario.gc.ca

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