More jobs are coming to Ontario! The Government of Canada has announced that it will invest in a number of GTA businesses, creating over 200 jobs for the region.
According to the announcement on Tuesday, over $14 million in funding will go towards “the scale-up and growth of eight GTA-based companies.”
With this, the selected companies will “be able to grow digital and manufacturing solutions, move towards green operations, enhance data in healthcare settings and improve monitoring and tracking software,” per the release, resulting in over 230 jobs across the region.
“Supporting Canadian innovators as they modernize and develop new processes, technologies and products to improve the way Canadians live and do business is critical,” said the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario.
“Today’s over $14-million investment from the Government of Canada for eight GTA businesses highlights our commitment to creating jobs, investing in clean technologies and growing the economy.”
Businesses receiving the “repayable investment” to create jobs are:
It’ll help this healthcare tech company to recieve advanced manufacturing equipment, obtain regulatory approvals and enhance add-on features. It is anticipated to create 24 skilled jobs.
This mobile sensor and software company will use the funds to speed up commercialization of its new, smaller, rechargeable, energy-efficient and affordable asset tracking device, BeMini. It is expected to create six new jobs and maintaining an additional eight.
This healthcare tech company will use the funding “to scale the development and commercialization of its data management processing software, DARWEN Clinical Trial and DARWEN Customer Voice AI.”, The company will increase revenues and create 10 skilled jobs.
This company plans to further commercialize its platform in Canada and the U.S., better serve its clients and create 37 jobs overall.
BlueDot Inc., plans to “expand its client base, help detect future outbreaks and meet the increased demand for its tech.” In turn, they will create 40 skilled jobs for the market.
This company expects to grow revenues and create 16 jobs for the market.
For this construction company, it plans to adopt greener construction techniques, increase revenues and create over 70 jobs.
The company is expected to increase revenues, “spur local supply chain spending” and create an additional 30 skilled jobs for its market.
Check out each site to see what jobs they are currently offering and keep an eye out for those to come.