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Minister Mélanie Joly announces $520,000 in support from Canada Economic Development for Quebec Regions to a regional innovation centre in mechatronics.
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Canada Economic Development for Quebec Regions grants $1,140,000 in support to two Lanaudière businesses and to two Laurentides organizations and helps create and maintain 24 jobs.
The vitality and dynamism of communities founded on strong, resilient, innovative SMEs ensure sustainable economic growth for all and quality jobs for Canadians. Keen to understand clearly the particular realities of Quebec s regions and to support the businesses that make them strong, the Government of Canada, listening now more than ever, is investing in projects that will be promising for the economic recovery.
In the Lanaudière and Laurentides regions, the agri-food and tourism industries count several dynamic businesses and organizations with innovative ideas whose work is boosting these regions reputations across the country. Tested by the challenges posed by COVID-19, they are now ready to rebound. And as Quebec s regional prosperity relies on strong loc
Today in funding: Eavor Technologies, Foko Retail, Motion Gestures, Arolytics, Mogile Technologies
Five Canadian tech startups, Eavor Technologies, Foko Retail, Motion Gestures, Arolytics, and Mogile Technologies, have recently secured financing to fuel their growth. Here’s the latest on who raised money, how much from whom, and what they plan to put the new funds toward.
Eavor Technologies secures $50.7 million CAD in financing
Calgary cleantech startup Eavor Technologies has secured $50.7 million CAD ($40 million USD) in funding as it looks to commercialize its geothermal power generation technology.
Investors include bp Ventures, the venture arm of oil and gas company BP; Chevron Technology Ventures; Temasek; BDC Capital; Eversource; and Vickers Venture Partners.