TechAlliance of Southwestern Ontario provides 20 companies with $600,000 through Cohort 1 of Government of Canada-funded i.d.e.a. Fund

Quick Facts

• Across southern Ontario, approximately 120 companies received non-repayable contributions of up to $3,600,000 in Cohort 1.
• Led by Innovation Guelph, the fund is being delivered in partnership with five Regional Innovation Centres: Haltech (Halton Region), Innovate Niagara, Innovation Factory (Hamilton), TechAlliance of Southwestern Ontario (London, Oxford, Middlesex, Elgin, Lambton and Huron) and WETechAlliance (Windsor and Chatham-Kent).
• Fifty percent of the businesses receiving support through the fund will be owned or led by women and 30 percent owned or led by Indigenous peoples, persons with disabilities, Black communities, racialized communities and members of the LGBTQ2+ community.

Associated Links

Contacts

Monica Granados
Press Secretary
Office of the Minister responsible for the Federal Economic Development Agency for Southern Ontario
[email protected]

Karen Chalmers
Vice President
TechAlliance of Southwestern Ontario
519.870.2384
[email protected] 

About FedDev Ontario

For 13 years, the Government of Canada, through FedDev Ontario, has worked to advance and diversify the southern Ontario economy through funding opportunities and business services that support innovation, growth and job creation in Canada’s most populous region. The Agency has delivered impressive results, which can be seen in southern Ontario businesses that are creating innovative technologies, improving productivity, growing revenues, creating jobs, and in the economic advancement of communities across the region. Learn more about the impacts the Agency is having in southern Ontario by exploring our pivotal projects, our Southern Ontario Spotlight, and FedDev Ontario’s Twitter, Facebook, Instagram and LinkedIn.

About TechAlliance of Southwestern Ontario

We are the place for dreamers, innovators, and world-changing ideas. We empower world-class ventures and fuel growth in Canada’s innovation economy. We do this collaboratively by championing, coaching, and amplifying businesses, fostering a vibrant technology community of innovators. Funded by the Government of Ontario, Regional Innovation Centres help Ontario-based innovators and entrepreneurs clear commercialization hurdles – accelerating the growth of companies so that they can compete and succeed globally and create high quality jobs in our province. Explore Southwestern Ontario’s innovation economy via our website and connect with us on Twitter, LinkedIn, and Instagram.