Funding for quantum technology companies in Ontario
Some Waterloo-based companies will be getting a share of $17.2 million dollars in federal funding.
Source: kitchener.ctvnews.ca
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FedDev Ontario invests $17 million in 12 companies to advance quantum computing
Today, the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) announced a total repayable investment of C$17.2 million to help 12 local companies commercialize their quantum products for the domestic and international markets and support 150 jobs. These 12 companies include AI Incorporated, CogniFrame, Crypto4A, Foqus Technologies, Foreqast Technologies, GoodLabs Studio, High Q Technologies,
Source: itworldcanada.com
Ontario companies receiving $17.2 million in federal funding to commercialize quantum solutions
Twelve Ontario quantum tech companies are receiving a combined $17.2 million in repayable funding from the federal government.
Source: betakit.com