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FedDev Ontario Invests $5 Million For New Incubator Lab in Markham

Mary NgFedDev Ontario has announced a $5 million investment into innovation centre ventureLAB for the creation of a lab and incubator hub in Markham, Ont.

Mary NgFedDev Ontario has announced a $5 million investment into innovation centre ventureLAB for the creation of a lab and incubator hub in Markham, Ont.

Dubbed Hardware Catalyst Initiative (HCI), the hub has been designed to support companies producing foundational technology in fields like artificial intelligence, machine learning, and quantum computing.

The announcement was made this morning by Mary Ng, the minister of small business and export promotion and member of parliament for Markham-Thornhill, on behalf of Navdeep Bains, minister of innovation, science and economic development.

Full Article: itworldcanada.com