| Federal Economic Development Agency for Southern Ontario
| backgrounders
FedDev Ontario is investing a combined total of up to $53,340,000 in six leading-edge organizations to lead projects that will support 870 companies, create and maintain more than 7,500 quality jobs, sustain economic growth and drive innovation across the region.
| Federal Economic Development Agency for Southern Ontario
| backgrounders
Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario, accompanied by the Honourable Bernadette Jordan, Minister of Rural Economic Development, and Francis Drouin, Member of Parliament for Glengarry−Prescott−Russell, announced funding of over $1 billion over six years for FedDev Ontario to continue to foster growth in southern Ontario.
| Federal Economic Development Agency for Southern Ontario
| backgrounders
The Canada 150 Community Infrastructure Program (CIP 150), part of the Government of Canada’s activities to celebrate the country’s 150th anniversary, provides $300 million over two years for the renovation, expansion and improvement of existing community and cultural infrastructure.
| Federal Economic Development Agency for Southern Ontario
| backgrounders
Through the Investing in Business Innovation initiative, FedDev Ontario is providing TechAlliance of Southwestern Ontario with a non-repayable contribution of up to $1.32 million to deliver the BURST program. This new incubator program will provide skills development opportunities, mentorship and access to capital to innovative early-stage technology companies in southwestern Ontario. As entrepreneurs establish and grow their businesses with help from this program, it is expected that up to 45 new full-time jobs will be created.
| Federal Economic Development Agency for Southern Ontario
| backgrounders
The national Canada 150 Community Infrastructure Program (CIP 150), part of the Government of Canada’s activities to celebrate Canada’s 150th anniversary of Confederation in 2017, provides $300 million over two years for the renovation, expansion and improvement of existing community and cultural infrastructure.
| Federal Economic Development Agency for Southern Ontario
| backgrounders
The Government of Canada is committed to helping manufacturers obtain the tools they need to grow and succeed. To this end, two manufacturers located in Tillsonburg are receiving a total of up to $5.25 million to support productivity improvements, leading to increased export opportunities and job creation. Funding is being provided through FedDev Ontario’s Investing in Business Growth and Productivity initiative.
| Federal Economic Development Agency for Southern Ontario
| backgrounders
While any member of the network can lead a project in the areas of additive manufacturing, flexible manufacturing and tooling adoption for advanced materials, each has a main area of focus:
| Federal Economic Development Agency for Southern Ontario
| backgrounders
Today, the Leader of the Government in the House of Commons, Minister of Small Business and Tourism and Member of Parliament for Waterloo, the Honourable Bardish Chagger, attended a demonstration of TritonWear technology at the University of Waterloo. The Minister announced that TritonWear and six other companies recently received funding through the Southern Ontario Fund for Investment in Innovation (SOFII).
| Federal Economic Development Agency for Southern Ontario
| backgrounders
The Government of Canada supports the development of new energy technologies that have the potential to improve the quality of life of all Canadians, while creating well-paid jobs for the middle class. As part of this commitment, Mohawk College will receive an investment of up to $4.63 million.