The Provincial dollars supports a $96,000 investment by Thermogenics to build a second test bay and create five new jobs.
Government Funding
Government of Canada supporting Richmond Hill headquartered Acentury in developing semiconductor technologies for wireless communications
“Acentury is a home-grown Canadian technology company dedicated to the acceleration of research and development for terrestrial and space-based wireless communication systems. Through this funding and project, Acentury will expand its SynMatrix RF filter design platform into the semiconductor industry, which will increase coverage to new RF filter technologies and structures, and position the product for global marketplace adoption.”
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.
Government of Canada supports expansion of services at ventureLAB
$4.5 million for the next phase of the Hardware Catalyst Initiative, supporting 30 technology companies while creating and maintaining over 170 jobs in southern Ontario.
York Region giving $1.08M boost to international, women-led businesses
The funding proposed would be over three years and would come from the region’s Innovation Investment Fund, which the region includes in its budget to support innovative projects on an application basis.
$6.1M investment supports new pathway, footbridge at David Dunlap Observatory park in Richmond Hill
Government of Canada, City of Richmond Hill contribute $6.1M toward active transportation infrastructure with the construction of a new pathway and footbridge at the Richmond Hill David Dunlap Observatory Park (RHDDO).
OVIN to launch demonstration sites for automotive and mobility technologies in Markham and Vaughan
The OVIN Demonstration Zone will give Ontario small and medium-sized businesses real-world environments to pilot and demonstrate innovative automotive and mobility solutions, including electric vehicle technologies, shared and integrated mobility solutions, robotics, and connected and autonomous vehicle technologies.
Ontario launches free job training for newcomers
The program will prepare jobseekers for well-paying careers in manufacturing, finance, administration, communications, hospitality and the arts. Participants will have the chance to explore a range of employment and training options through paid internships, job placements, language training and digital literacy courses.
Ontario Supporting More Innovation in Growing Tech Sector
The province’s $107 million Critical Technology Initiatives funding supports programs led by not-for-profit organizations that will accelerate the use of critical technology by Ontario companies and enable the development of innovative made-in-Ontario solutions. Full news release: news.ontario.ca
Culture, recreation-based initiatives could get up to $10K from Aurora’s new community grant program
The grant program will offer up to $10,000 to eligible organizations and individuals through four submission deadlines each year.
Federal government invests in Vaughan-based auto parts manufacturer, AMTB to bolster EV supply chain
“Canadian manufacturers are reaching their potential as they support Canada’s transition to a net-zero economy. Today, our government is investing in ArcelorMittal Tailored Blanks Americas Limited as it transitions its Concord facility to support a cleaner, more fuel-efficient future for the automotive sector while creating 65 good, skilled jobs.
Celebrating the future of women in tech at ventureLAB
On March 29, women entrepreneurs, founders from ventureLAB’s Tech Undivided initiative and senior leaders in the hardware and semiconductor industry came together from across the province to celebrate and recognize women in the tech sector.
Newmarket Startup Accelerator Marks 250 Successful Participants
By the end of the next cohort in March 2023, the Treefrog Accelerator will have supported 300 founders and wants to expand this to help 400 more individuals in the next two years.
Are You Up For The Single-Use Innovation Challenge?
Apply today to the Single-Use Innovation Challenge for a chance to receive up to $20,000 in funding.
Missed Applying for Canada Summer Jobs (CSJ)? Here’s More Youth Wage Subsidies
If you’re looking to hire a youth during this season but missed the application window for CSJ, there are still a ton of Canadian federal and provincial wage subsidies you can apply for.
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.
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.
Succeeding as a Canadian Food Entrepreneur
Being an entrepreneur isn’t easy. You need courage, perseverance, and an obvious passion for what you are pursuing. And when it comes to food entrepreneurialism, achieving success demands a special ingredient — a true love for making and sharing incredible…
ventureLAB Secures $2.5 million in Provincial Funding to Expand Semiconductor Incubator
Markham, York Region-based ventureLab has received a $2.5 million investment from the Government of Ontario to establish a medical technology stream within its Hardware Catalyst Initiative (HCI)
Oat Canada and Roquette Receive $4.1M as Part of a Project to Improve Oat-Processing Capacity
Oat Canada received scale-up support through the York Region Food and Beverage Accelerator Program through York University’s YSpace. This investment will see the development of novel oat ingredients and nutritionally superior oat-based food and beverage products.
Richmond Hill Partners with OCAD University and eCampusOntario to Launch CLIC
CLIC brings together expertise from Richmond Hill’s Small Business Enterprise Centre and OCAD University to help businesses review their offerings and business models through a design-thinking lens.
Governments Helping Workers Start Careers in the Agri-food Sector
The governments of Canada and Ontario are investing up to $4 million to help build a strong and competitive agri-food workforce that will ensure people can continue to access the safe and healthy food grown and made in Ontario.
York Region Invests $1.5M Into Canada’s Only Hardware-Focused Lab and Incubator, Aims to Attract Global Tech Firms
ventureLAB and the Regional Municipality of York have partnered to expand the Hardware Catalyst Initiative, Canada’s only lab and incubator for hardware and semiconductor companies.
Ontario Launches Program to Support Advanced Manufacturers Across Province
As Ontario continues to recover from the impacts of COVID-19, AMIC will help to create and retain good jobs and address the need to restore the essential supply chains that will support economic recovery across the province.
Government Extends Loan Forgiveness Repayment Deadline for the Canada Emergency Business Account
The repayment deadline for CEBA loans to qualify for partial loan forgiveness is being extended from December 31, 2022, to December 31, 2023.
ventureLAB and York Region announce 2021 Entrepreneurship and Innovation Fund Recipients
Funded with the generous support of the Regional Municipality of York, the fund allows local organizations to increase innovation and elevate sustainability in York Region while expanding inclusion, diversity, and accessibility.
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.
Funding Agriculture With Canadian Agricultural Partnership (CAP) Ontario
The Canadian Agricultural Partnership (CAP) Ontario program is a funding initiative that improves Ontario’s agricultural businesses. This funding overview is provided in partnership with Mentor Works.
Digital Technology Supercluster Announces $20 Million Digital Wellness Project Featuring Tech From Richmond Hill Headquartered Wysdom AI
The platform is being developed in partnership with Lululemon, Wysdom.AI, Microsoft, Mitacs, and Queen’s University. Wellbeing.ai aims to leverage artificial intelligence-powered virtual agents or chatbots.
York University’s YSpace Releases 2020-2021 Annual Report
It was a year unlike any other for Innovation York, the innovation office for York University with a mandate to facilitate and maximize the commercial, economic, and social impacts of research and innovation. Their 2020-2021 Annual Report has just been released and it outlines impressive successes, including supporting new ventures, launching new programs and more.
Accelerate Newmarket – Three Unique Organizations. The Perfect Mix to Accelerate Your Business
Through this unique model, Accelerate Newmarket helps entrepreneurs continuously learn and develop new skills in order to stay relevant in tomorrow’s world.