Celebrating Eight Years of FedDev Ontario!
On August 13, 2017, FedDev Ontario will be celebrating eight years as champion for the southern Ontario economy! We invite you to follow the conversation on our social media channels and encourage you to join in! #8Years4FDO #8innovations
FedDev Ontario Invests in Additive Manufacturing Innovation
The Honourable Bardish Chagger, Leader of the Government in the House of Commons, Minister of Small Business and Tourism and Member of Parliament for Waterloo, announced a new investment of up to $8.9 million for the University of Waterloo to establish the Multi-Scale Additive Manufacturing Lab. The contribution, through FedDev Ontario’s Investing in Commercialization Partnerships Initiative, will support up to 18 new partnerships, help commercialize up to 21 advanced manufacturing technologies and create over 80 jobs.
FedDev Ontario Invests in Automotive Innovation
The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario, announced a $17-million investment in Astrex to establish a facility that produces lightweight, high-strength aluminum auto components through FedDev Ontario's Advanced Manufacturing Fund.
FedDev Ontario Announces Support for Investment Attraction
The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario, along with the Honourable Brad Duguid, Ontario's Minister of Economic Development and Growth; John Tory, Mayor of Toronto; and Bonnie Crombie, Mayor of Mississauga, announced a total $19.5 million in funding to create Toronto Global, a new agency that aims to increase global investments in the Toronto Region.
Minister Chagger Sees How TritonWear Technology is Making a Splash
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, was given a demonstration of TritonWear technology – a wearable device that is making Canadian swimmers more competitive by providing state-of-the-art training data. TritonWear received $500,000 through the Southern Ontario Fund for Investment in Innovation (SOFII) to support the development and commercialization of the TritonWear product.