Feds pumps nearly $31 million into Ontario firms

Guest Contributor
November 23, 2009

The federal government is investing $30.75 million in two programs targeting firms in southern Ontario firms hit hard by the recession. The Canadian Manufacturers and Exporters SMART program received $15.75 million through FedDev Ontario that will ultimately support up to 300 firms with up to $50,000 (50% of project costs) that yield productivity improvements in the areas of manufacturing design, quality improvement, energy efficiency, IT best practices, environmental impact reduction and health and safety. An additional $50 million was provided to the Southern Ontario Development Program, increasing available funding for FY09-10 from $40 million to $55 million. The program is FedDev Ontario's core program and provides funding for business start-ups, business expansion, commercialization and productivity enhancement....


Other stories mentioning these organizations, people and topics
Organizations: Canadian Manufacturers and Exporters SMART, FedDev Ontario, and Southern Ontario Development Program

Other News






Events For Leaders in
Science, Tech, Innovation, and Policy


Discuss and learn from those in the know at our virtual and in-person events.



See Upcoming Events










You have 1 free article remaining.
Don't miss out - start your free trial today.

Start your FREE trial    Already a member? Log in






Top

By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively in accordance with our Privacy Policy and Terms of Service.