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Author of the article: Dave Waddell Publishing date: May 19, 2021  •  2 hours ago  •  3 minute read  •  Stephen MacKenzie, president and CEO of Invest WindsorEssex, is pictured at their downtown office on Wednesday, May 19, 2021. Invest WindsorEssex landed $7.5-million in funding Wednesday from FedDev Ontario to help make the region Canada’s first auto mobility accelerator. Photo by Dax Melmer /Windsor Star Article content Invest WindsorEssex landed $7.5-million in funding Wednesday from FedDev Ontario to help make the region Canada’s first auto mobility accelerator. The...

Invest WindsorEssex to establish automobility accelerator May 19, 2021   Maryam Farag Invest WindsorEssex (IWE) will establish Canada’s first automobility accelerator in the Windsor-Essex region. A FedDev Ontario non-repayable contribution of $7.5 million was announced towards this project by Irek Kusmierczyk, Member of Parliament, Windsor–Tecumseh. IWE will offer a first-in-Canada training and other programming to support the upskilling of 1,350 automobility entrepreneurs and scaling firms. “Today’s announcement furthers the local economic development stra...

From: Federal Economic Development Agency for Southern Ontario Since the onset of the pandemic, Canada’s Regional Development Agencies (RDAs) have been delivering critical support to help businesses and organizations stay open, protect jobs and prepare for a strong recovery. Thanks to their unique connection to communities and local businesses, Budget 2021 recognizes RDAs as key partners to support economic recovery, diversification and innovation as we work together to finish the fight against COVID-19 and ensure a robust, inclusive economic recovery. Since the onset of the pandemic, Canad...

FedDev Ontario invests $5 million for Valbruna ASW Inc. in Welland to expand and reach new markets in Canada and abroad, and to create jobs in the Niagara Region. Valbruna ASW Inc. produces a combination of carbon, stainless and other steel materials for application in several sectors including automotive, medical, aerospace, defence and energy. “We are working to help businesses as they build back stronger and will continue to take steps so that Canadians are part of an economy that leaves no one behind.” said Mélanie Joly, Minister, Economic Development and Official Languages. This pro...

FedDev Ontario invests in ventureLAB expansion March 9, 2021   Maryam Farag FedDev Ontario has invested $4.7 million in ventureLAB to enhance its Hardware Catalyst Initiative Lab with virtual access and testing capabilities. The investment will allow ventureLAB to purchase advanced computing infrastructure for the lab to virtualize equipment. This will enable entrepreneurs from across Canada, to utilize the platform remotely, expanding the reach beyond the GTA. “Today’s investment from FedDev Ontario shows commitment to the tech sector and to building a resilient...