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With the global reliance on chips, and start-ups across Canada trying to scale up and support manufacturing's transition to Industry 4.0, Avinash was asked what he'd like to see from a regulations perspective that could help to support that growth.
Some Waterloo-based companies will be getting a share of $17.2 million dollars in federal funding.
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,
Twelve Ontario quantum tech companies are receiving a combined $17.2 million in repayable funding from the federal government.