The Government of Ontario has invested $100M into the new Venture Ontario Fund, a joint enterprise of a total $205M to provide venture capital and business growth funding for Ontario businesses enhancing innovation, economic growth, and job creation.
The Government of Ontario has announced an additional investment of $50M to the Ontario Together Fund (OTF), a program which helps businesses pivot their manufacturing operations to focus on producing solutions for fighting COVID-19.
Administered by the Government of Canada through the Strategic Innovation Fund (SIF), an investment of up to $415 million has been awarded to support Sanofi in building an influenza vaccine biomanufacturing facility in Toronto, Ontario.
Ontario is awarding a total $3 million to Techo-Bloc to establish its first manufacturing facility in Ontario which is expected to create 50 new jobs in the Waterloo Region as the province prepares for recovery following COVID-19.
The Ontario 2021 Budget allocated $400M towards the creation of a new funding agency called Invest Ontario which will provide business grant, loans, and funds.
Through a combination of various government funding programs, Ryan has helped Girotti Machine access over $450,000 in grants and loans for economic growth and innovation.
The Government of Canada and the Government of Ontario have awarded a combined $10M to First Cobalt Corporation for the domestic and ethical production of cobalt sulfate, an essential element used to develop long-range electric vehicles.
The Northern Ontario Heritage Fund Corporation (NOHFC) has announced four new government funding programs to support and develop Canadian businesses located in Northern Ontario.
