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Canada invests in its first circular economy focused accelerator and test platform - PLANT

Canada invests in its first circular economy focused accelerator and test platform
April 20, 2021
Maryam Farag
The Government of Canada announced a non-repayable FedDev Ontario investment of nearly $5 million for the City of Guelph to develop Canada’s first circular economy test platform and accelerator, the Circular Opportunity Innovation Launchpad (COIL).
Through this project, the City of Guelph, in partnership with 10C Social Entrepreneurship Hub, Innovation Guelph, the Guelph Chamber of Commerce and the County of Wellington, will accelerate the growth of circular economy-focused companies in the region.
“Circular economy” refers to a system where businesses maximize resources by reusing or repurposing materials, eliminating waste and greenhouse gas emissions in all stages of production. By creating the right conditions for SMEs to advance circular economy solutions, the partners expect to create 400 jobs, commerc ....

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Innovation Guelph receives $260K to support female entrepreneurs

GUELPH
Businesses owned by women have been some of the hardest hit during the pandemic.
Innovation Guelph, which supports local businesses and entrepreneurs, received a $260,000 boost from the federal government last week to support women in business.
“We can double down and add some additional help for those who were really impacted, and at the same time we could then extend some support to some other women led businesses,” said Anne Toner Fung, the CEO of Innovation Guelph.
This round of funding tops up $1.8 million given to Innovation Guelph in 2018, bringing the total to support net to just over $2 million. ....

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