York Region Economic Development’s monthly e-newsletter shares highlights and news from the business community, small business supports, events, economic data, and more.
IN THIS ISSUE
BUSINESS COMMUNITY & INVESTMENT NEWS HIGHLIGHTS
- Tech Investments, Jobs, and Tech Experts Collide in York Region’s #YRtech Pavilion
- SpaceRyde in Vaughan is Competing With SpaceX to Send Cargo to the Moon
- Piramal Expansion is Beginning of New Chapter for Healthcare Company in Aurora
SMALL BUSINESS & ENTREPRENEURSHIP HIGHLIGHTS
- Starter Company Plus Program is Open for Applications
- ventureLAB’s HardTech Pitch Competition Offers $50,000 to Innovative Companies
- Agri-Robotics Demonstrations Hosted in the Holland Marsh
YORK REGION ECONOMIC DATA
- Unemployment Rates
- Office Real Estate Vacancy & Availability Rates
- Industrial Real Estate Vacancy & Availability Rates
BUSINESS EVENTS & OTHER INFORMATION
BUSINESS COMMUNITY & INVESTMENT NEWS HIGHLIGHTS
Tech Investments, Jobs, and Tech Experts Collide in York Region’s #YRtech Pavilion at Collision
Last month, 35,000 attendees from over 140 countries flocked to Toronto for Collision Conference, which returned to an in-person format for the first time since 2019. With the announcement of over $250 million in business investments and expansions, along with the creation of 800 jobs, new partnerships, and multiple startup pitch competitions, York Region’s #YRtech Pavilion was a big draw for those that came to check out the ‘Olympics of Tech’ in North America. READ MORE
SpaceRyde in Vaughan is Competing With SpaceX to Send Cargo to the Moon
Imagine getting the chance to vacation in space: You pack your bags, launch into the heavens and find yourself floating among a sea of stars.
Now imagine having an unexpected allergic reaction. Suddenly you’re hundreds of kilometres above Earth, wheezing, itching with your eyes swollen and no medication in sight. “Are you going to wait for two months for SpaceX’s next rocket to deliver you the Benadryl?” asks Saharnaz Safari. “No, you need it now.“ READ MORE
Piramal Expansion is Beginning of New Chapter for Healthcare Company in Aurora
Piramal Pharma Solutions, which manufactures pharmaceutical products, formally opened its third plant in Aurora last Thursday. “A great deal has changed in the world since we did our ground-breaking just prior to COVID, but it’s wonderful to see everyone out here [for a] nice opportunity to celebrate a wonderful achievement on behalf of Piramal, the Aurora site, and the Aurora community,” said Piramal Executive Vice President Paolo Fiorino. READ MORE
SMALL BUSINESS & ENTREPRENEURSHIP NEWS HIGHLIGHTS
Starter Company Plus Program is Open for Applications
Are you starting a new small business or growing an existing one? The Starter Company Plus program – delivered by our very own York Small Business Enterprise Centre – can help you get started! It provides entrepreneurs aged 18 and over with tailored advice, mentoring and training to help you launch or expand your business. Additionally, you have the opportunity to receive a grant of up to $5,000. READ MORE
Want more small business news? Subscribe to the Small Business E-Newsletter
ventureLAB’s HardTech Pitch Competition Offers $50,000 to Innovative Companies
The HardTech Pitch Competition, delivered in partnership by ventureLAB and The Regional Municipality of York, is open for applications to small and medium enterprises incorporated in Canada developing hardware innovations. Finalists will have the opportunity to showcase their technology to a broad audience including industry, investors, government, media, and compete to win a collective of $50,000 in cash prizing! The deadline to apply is September 12, 2022 at 9 a.m. EST. READ MORE
Agri-Robotics Demonstrations Hosted in the Holland Marsh
Earlier this month, our team visited the University of Guelph’s Muck Crops Research Station in the Holland Marsh to get a first-hand look of some impressive robots changing the agri-tech space. These high-tech robots are improving agricultural techniques and practices now and into the future by automating a number of jobs. This includes navigating and remove weeds autonomously, using cameras and a neural network to differentiate between weeds and crops. READ MORE
Want more agri-food news? Subscribe to York Region’s Agri-Food E-Newsletter
YORK REGION ECONOMIC DATA
Unemployment Rates (%)*
*Statistics Canada, Labour Force Characteristics, 3-month moving average, unadjusted for seasonality
CMA – Census Metropolitan Area
Office Vacancy & Availability Rates
Source: CoStar | Statistics Note: Office building space at a minimum of 20,000 sq. ft.
Office Vacancy & Availability Rates
Source: CoStar | Statistics Note: Industrial properties include flex building space
BUSINESS EVENTS & OTHER INFORMATION
A Selection of Upcoming Business Events:
07/26 | BUSINESS FOUNDATIONS – FINANCE 101 | YSpace
07/28 | 2022 SUMMER COMPANY SHOWCASE | YSBEC
08/09 | SECURE FUNDING FOR HIRING & TRAINING | Mentor Works
Subscribe to our other monthly e-newsletters on these topics:
YORK REGION BUSINESS UPDATE / AGRI-FOOD / SMALL BUSINESS
York Link | York Region Economic Development
The York Link team are here to help and are committed to supporting local businesses. We are still providing business advisory and consultation services, information on business resources, support for startups, and more in a virtual capacity at this time.