Organization: Federal Economic Development Agency for Southern Ontario

NEXT Canada programs to support 100 high-potential start-ups

Up to 100 start-ups in Southern Ontario will be able to access seed funding under NEXT Canada’s innovation and entrepreneurship programs. Entrepreneurs can get up to $30,000 each in matching funding through a $3.6 million investment by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) in NEXT Canada, a not-for-profit mentoring, training and…

FedDev Ontario invests $12.7 million in ArcelorMittal

The federal government has invested $12.7 million in Woodstock ON-based ArcelorMittal Tailored Blanks Americas Ltd (AMTB) to assist in the adoption of advanced manufacturing technologies. The funding flows through the Federal Economic Development Agency for Southern Ontario. AMTB will use the funding to adopt robotic laser-welding technologies used for the production of auto parts. AMTB…

FedDev Ontario backs McMaster’s BEAM facility

McMaster Univ‘s Fraunhofer Project Centre for Biomedical Engineering and Advanced Manufacturing (BEAM) has received a $12-million federal grant, matching $12 million in commitments from the Government of Ontario, City of Hamilton and McMaster. Other organizations and private sector partners have contributed $9 million, bringing the project’s investment to $33 million. Slated to open in 2017,…

Budget for York’s health care tech project reaches $34.5M

York Univ‘s efforts to commercialize new health care technologies has been boosted by a $15-million grant from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The institution’s new project — The Health Ecosphere: An Innovation Pipeline for Commercial Health Solutions — has also received $19.5 million from 32 partners developing three dozen health…

Cyclone to boost capacity with FedDev funding

Cyclone Manufacturing Inc has received $8 million in federal funding to boost production of its aircraft parts, and expand its services and marketing activities. The Mississauga ON-based supplier to original equipment manufacturers has a strong client base including Bombardier, Airbus, Boeing and Embraer. Funding was provided by the Federal Economic Development Agency for Southern Ontario….

FedDev invests in George Brown College and Forlani

Specialty food production in southern Ontario is receiving $10.1 million through the Federal Economic Development Agency for Southern Ontario (FedDev). George Brown College will receive $7 million through FedDev’s Investing in Commercialization Partnerships initiative to expand the laboratories of its Food Innovation and Research Studio to support new food product launches. The studio is part…