CHATHAM, ONTARIO--(Marketwired - Feb. 20, 2014) - Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
Today, FedDev Ontario Minister of State Gary Goodyear spoke to Ontario manufacturers at the Invest for Tomorrow - Funding Innovation Forum outlining new federal funding opportunities available to help position the province's manufacturers to compete in the global marketplace.
In an opening address, the Minister also highlighted how the public and private sectors can work together to drive innovation and increase productivity, and contribute to the region's economic prosperity.
FedDev Ontario launched a series of funding initiatives in December 2013. Over the next five years, $200 million is available through the Advanced Manufacturing Fund in Ontario, aimed at the development of transformative products and technologies to help Ontario manufacturers create jobs and compete with the rest of the world. More than $530 million is also available through the Southern Ontario Prosperity Initiatives, aimed at retaining, attracting and growing businesses in southern Ontario to increase the region's global competitiveness.
Since 2009, FedDev Ontario has been playing the roles of co-investor, collaborator, convenor and champion with southern Ontario communities, businesses and not-for-profit organizations to actively promote the region and build a strong foundation of long-term economic growth.
Quick Facts
Quotes
"Our Government recognizes the impact that partnerships and strategic investments have on the success of Ontario's manufacturers. Through FedDev Ontario, we are committed to delivering programming that meets the needs of this region's businesses and communities, giving them the right tools they need to make big ideas happen."
Gary Goodyear, Minister of State for FedDev Ontario
"I'm pleased that Minister Goodyear could attend this Forum, which brings together businesses and organizations with a vested interest in the region's economic growth. Through Economic Action Plan 2014 and through FedDev Ontario, our Government is demonstrating its commitment to creating the best conditions to create local jobs and business opportunities."
Dave Van Kesteren, Member of Parliament for Chatham-Kent-Essex
Related Products
Address to the Invest for Tomorrow - Funding Innovation Forum
Associated Links
Investing in Business Growth and Productivity
Investing in Business Innovation
Investing in Commercialization Partnerships
Investing in Regional Diversification
Eastern Ontario Development Program
Subscribe to our news updates and follow us on Twitter @FedDevOntario
Contact Information: