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Action Plan

York Region thrives as business hub where talent and opportunity intersect

“Identifying challenges in the business community and taking action to overcome them is the backbone of the 2024 to 2027 Economic Development Action Plan,” said City of Richmond Hill Regional Councillor Joe DiPaola, Chair of the Region’s Planning and Economic Development. “The 2024 to 2027 Action Plan builds on important work already underway to complement our partners’ efforts and drive economic prosperity together.”
Jonathan Wheatle presents to York Regional Council

York Region creates new plan to boost business, economy, workforce

York Region business and research leaders are welcoming a new strategy to help develop the regional economy and businesses.
ventureLAB Hardware Catalyst Initiative Cohort 7 Announcement Cover

Announcing the 7th Cohort of the Hardware Catalyst Initiative

The selection process for cohort 7 was highly competitive, including a rigorous bootcamp to ensure the selected companies were primed for success in the hardware industry, which is notoriously known for long lead times for product validation and securing investment.
Lila Fertilizer

York Region-based company, VCycene, turns food-waste to fertilizer in seven days

Yin says York Region is truly one of Canada’s key innovation engines and an economic powerhouse. “We gained direct access to a diverse network of government grants, angel investor platforms, venture capital investing, workshops for prototyping and production, testing agencies and support of big multinational corporations,” Yin comments.
Hugh Chow

Hugh Chow, global leader in innovation and technology appointed CEO at ventureLAB 

“On behalf of the Board of Directors, it is our pleasure to welcome Hugh to the dynamic ventureLAB team,” said Yalda Riahi, Chair of ventureLAB’s Board of Directors. “We believe that Hugh’s unique expertise in many of the technology-centric sectors will help move us to the next chapter of helping Canadian companies succeed globally. We also believe his leadership will contribute significantly to Canada’s goal of solidifying our position in key high-value industries, including semiconductors, AI and medtech.” 
animation of a building with four emission monitoring icons

Vaughan headquartered Kontrol Technologies selected for multi-year emission monitoring solution

“As part of our ongoing focus on organic growth and expanding our high margin business we will continue to target large, new infrastructure opportunities where our solutions can drive recurring revenues,” continues Ghezzi.
International Talent

Canada announces first-ever express entry invitations for skilled newcomers with STEM experience

This announcement signals a momentous milestone in Canada’s commitment to attracting top global talent and solidifying its position as a leader in research, development, and innovation.
USA at night with city light illumination., view from space

Vaughan headquartered Kontrol Technologies wins multiple new projects with liquified natural gas emission monitoring and analytics customer

The Company has a long history of providing continuous emissions, compliance and monitoring solutions through its operating subsidiaries. Historically the Company has provided emission technology deployment and solutions to large industrial customers in the oil, gas and cement industries across Canada and the USA.
Visual Defence funding announcement at their office in Richmond Hill.

Government of Canada invests in 17 Canadian companies creating economic growth and good jobs

Visual Defence ($4 million) of Richmond Hill, Ontario – a scale-up clean technology company that is advancing an AI-enabled solution to help cities monitor road conditions in real time, increasing operational efficiency and sustainability while reducing costs.
Kontrol Biowater Technologies

Vaughan headquartered Kontrol BioWater Technology completes successful phase 1 viral detection in wastewater: advancing biomonitoring technology

The Kontrol BioWater wastewater viral detection Phase 1 testing was completed with support from the National Research Council of Canada. The BioWater utilizes the core scientific technique of a Modified Western Blot to identify viruses.
A building with icons surrounding it

Vaughan Headquartered Kontrol Technologies operating subsidiary CEM Specialties selected by new USA customer for multiple integration projects

CEMSI won the opportunity based on its expertise in the regulated emission monitoring market as well as its ability to integrate highly complex emission systems which include real-time monitoring.
Mayor Scarpitti and MDE staff holding a map.

Markham District Energy Secures $270M Investment to Expand Clean Energy Service

MDE is a City of Markham-owned thermal energy utility that currently provides services to 13 million square feet and 230 buildings. The investments will help MDE expand its service area, ensuring more buildings can connect to its low-carbon district energy systems. The new infrastructure is expected to reduce 33,700 tonnes of greenhouse gas annually.
ESET blog featuring Tony Anscombe

Is Your Business Protected From Cyber Threats? Simple Tips From ESET During Cybersecurity Month

Earlier this year, Telus conducted a study on ransomware attacks with a staggering finding that 83% of Canadian businesses surveyed reported attempted attacks and 64% indicated they had experienced one. Read these useful digital security tips from ESET’s Chief Security Evangelist, Tony Anscombe in our latest #YRtech Blog in support of Canada’s Cybersecurity Month.
York Region Year In Review Banner

2021 Year In Review // York Region Economic Development

On behalf of York Region Economic Strategy, I am pleased to present the 2021 Economic
Development Year in Review. This is an overview of economic development activities undertaken this past year, highlights of business news from across the Region, and important economic indicators showing the strength and resilience of our business community in response to the COVID-19 pandemic.
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Federal Government Announces New Targeted COVID-19 Business Support

The Government of Canada has confirmed that certain existing income and business support programs will end on October 23, 2021, as previously announced. This includes the Canada Emergency Wage Subsidy and the Canada Emergency Rent Subsidy.
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Growatt Partners With Markham Headquartered Microgreen Solar to Expand Market Reach in Canada

Adding the Growatt product line to Microgreen’s products and full solar kits deepens our product offering and brings us into the grid-tie market at a time when government incentives are accelerating solar+storage uptake across Canada. We are excited to bring our customers a wider selection of products at a time of increasing consumer demand