ventureLAB is proud to announce the 3rd cohort of the Accelerate AI program. This transformative 6-month program is designed to champion the growth and scaling of AI startups, empowering them to deliver cutting-edge solutions and applications that tackle the challenges in the modern industry!
York Region Business News (page 5)
Creation Technologies expands Markham facility
The recently held ribbon-cutting event celebrated the move to a new site in Markham, which now boasts a custom-built, state-of-the-art space spanning 118,500 square feet. The new location represents a 54% larger physical footprint for Creation Technologies in Markham.
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.
Government of Canada invests in main streets and neighbourhoods across southern Ontario
With this investment, the organization will launch two new programs through MMS to provide funding and support for businesses and community organizations across southern Ontario. The new programs will support up to 325 businesses on main streets across 100 communities, along with 75 community projects promoting high-impact placemaking activities. These activities will help draw people to main streets and encourage locals and visitors to support an estimated 2,500 community businesses and organizations.
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.
Newmarket launching new ‘iconic’ event on Main Street this winter
Main Street from Water Street to Park Avenue is proposed to have live entertainment after 5 p.m., with restaurants invited to have outdoor expansion zones that the town will oversee. Some attractions will include igloo lounges rented for the southern portion of Main Street, two zones dedicated to ice bars, and a sign highlighting the event meant for photography from the Park Avenue entrance. There will also be art and ice sculpture installations.
StorageMart’s growth in Ontario continues with latest facility launch in Woodbridge
The new facility features modern amenities that make storing items easier than ever. Customers can quickly reserve a unit online with no long-term commitments. Not only does the facility provide an easy solution for storing items safely, but it also allows customers to access their items when it’s most convenient for them.
Vaughan headquartered Drone Delivery Canada receives approval for BVLOS flights and dangerous goods transportation on its dronecare commercial project
The approvals from Transport Canada mark a significant milestone for DDC and signifies the government’s recognition of the Company’s cutting-edge technology, rigorous safety standards, and commitment to advancing the field of drone logistics.
York Region is updating the Agriculture and Agri-Food Sector Strategy and wants your input
Do you want to see the agriculture and agri-food sector, from farm to fork, in York Region thrive? The insights you share through this survey will inform the development of York Region’s new Agriculture and Agri-Food Sector Strategy, building on the successes of the previous strategy.
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.
Markham headquartered Enghouse Systems signs agreement to acquire Mediasite
Sonic Foundry is dedicated to transforming how the world works and learns through innovative and scalable technology solutions.
Vaughan headquartered Drone Delivery Canada completes first milestone of the canary contract wit the Department of National Defence
The completion of the first milestone of the project involved nine test objectives pursuant to which the Company completed a total of 145 flights with an overall flight distance of almost 800km.
Trinity Consultants acquires Richmond Hill headquartered Valcoustics Canada
The company will operate within Trinity’s built environment business, combining its acoustical capabilities with those that span North America, Ireland, and Australia into one unified entity.
TPG acquires majority of Oxford’s GTA industrial portfolio including a Vaughan business park in new joint venture
The joint venture, which is the first between TPG and Oxford, represents one of the largest private industrial real estate transactions in Canada to date. TPG Real Estate, TPG’s diversified real estate investment platform, is acquiring the properties through its dedicated real estate equity fund series.
AbbVie Canada expanding and celebrates over a decade of thriving in Markham
“That’s why we needed a bigger office as the new home in Markham, to welcome the Ontario-based employees,” Murphy said. “We wanted to build an environment that stimulates collaboration, innovation and inspires us.”
Smart mobility innovators here’s your chance! OVIN Demonstration Zone challenges launch in Markham and Vaughan
It is no secret that the way people and goods move is changing. From the transition to hybrid or fully-electric cars to better the environment or drone delivery to support hospital capacity, there is no shortage of examples of ways innovation is propelling sustainability in our communities and moving us forward.
OVIN demonstration zones in Markham, and Vaughan now open for applications
The City of Markham and City of Vaughan, with funding from the Ontario Government through Ontario Vehicle Innovation Network (OVIN), officially launched the Demonstration Zone and are now inviting businesses to apply to demonstrate their mobility technologies. The first round of selected businesses will pilot their technologies in early 2024.
YSBEC Success Story: Young at Heart Painting
Check out the latest YSBEC success story about Young at Heart Painting, which leveraged small business support services to help their company grow.
Innovative York Region-based AI company powers car shopping experiences
Most of the team members call York Region home. “This allowed us to centrally serve customers across GTA and beyond, enabling consumers to buy and sell cars with just a click,” Ng explains. “Carity introduced an industry-first profit-sharing car selling program, which allows consumers to share in the profits when Carity resells their vehicle, while also guaranteeing a selling price and offering upfront payments.”
Ghost Taco arrives on Newmarket Main Street
Ghost Taco began as a pop-up restaurant at EventMrkt in 2021 as a way to keep staff working during lockdowns. Its popularity prompted the Buckleys, who also own Ground Burger Bar, to expand to a permanent location.
Aurora restaurateur’s challenge to help feed those in need goes viral
Now, as owner of Tina’s Grill, the popular restaurant in Aurora’s southwest, Saberi is working hard to help families stave off hunger and erase any sort of stigma in the process.
Markham company developing AI wearable device to help people who are blind, visually impaired
The most common way for people with visual impairments to navigate outside is through the use of guide canes and raised tactile indicators at intersections. Yu said these devices are more than 100 years old, and there hasn’t been much progress made with alternative solutions, while the Visiontif wearable device is a screen reader for the real world.
Aurora’s Christmas Market features vendors, attractions, performers
Top 100 Ontario event in Town Park Dec. 1-3, 8-10 features 115 vendors, buskers, geodome, inflatables playground, Christmas tree lighting.
Here’s where to have holiday fun in Newmarket, York Region
Frozen Fridays return in Newmarket, along with holiday markets, Santa Claus parades, and more this week.
Revolutionizing healthcare: MedTech start-ups win $50,000 at ventureLAB’s third annual Hard Tech Summit
The summit featured an exclusive Pitch Gala where eight companies vie for a chance to win a collective $50,000 in non-dilutive cash prizes to further advance research and scale operations.
Vaughan headquartered Drone Delivery Canada completes first U.S. demonstration with West Michigan Drone Delivery MMFP pilot project
DDC flew its Sparrow RPA and Workhorse Aero flew its Horsefly RPA to successfully demonstrate the delivery of medical products and handoff to Caduceus Medical Logistics in Holland, Michigan.
East Gwillimbury makes The 5 Fastest Growing Towns in Canada Everyone is Talking About list
Situated along the East Holland River in the Regional Municipality of York, East Gwillimbury is a town in Southern Ontario and is also part of the Greater Toronto Area. Made up of several villages in the suburbs of the big city, East Gwillimbury is one of the best places to live for families and young professionals.
Beloved brewery, Muddy York Brewing Co. is relocating to Stouffville
Echoing others’ sentiments about Toronto’s volatile real estate market, Michalek adds, “we’re victims of this crazy financial economic situation right now where even for a successful business like ours, certain things are just not within grasp, especially in Toronto. It’s hard.”
ventureLAB’s latest HardTech Summit explores barriers, opportunities facing Canadian deep tech startups
At ventureLAB’s third HardTech Summit, speakers discussed challenges and opportunities facing deep technology startups across the country and offered entrepreneurs advice on navigating them.
telMAX breaks ground to bring new high-speed fibre internet to Aurora
“We know that Aurorans increasingly need more reliable and faster internet, especially with the massive shift we’ve seen in the number of people working from home,” he said at the time. “The reality is that access to high-speed and affordable broadband service is now a necessity not a luxury, especially in today’s economy. And what’s incredibly important for us is that this project will only strengthen the town’s ability to get critical information to residents and businesses, while also allowing us to explore exciting new initiatives like offering free wi-fi at places like Town Park.”