On Feb. 6 in Markham, Ont., ventureLAB, a York Region-based tech business development organization, celebrated the launch of its new incubator for silicon-powered technologies, the Hardware Catalyst Initiative (HCI).
First announced in June 2019, with $5 million in funding from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), HCI is described by VentureLAB as Canada’s first silicon incubator, providing support to southern Ontario firms developing hardware solutions in healthcare technology, consumer electronics, telecommunications, smart energy and connected transportation.
Full Article: canadianmanufacturing.com