The regional innovation centre serving Windsor-Essex and Chatham-Kent is supplying companies with funding from the federal government.
WETech Alliance, which supports local firms with business services, training, mentorship, and strategic connections, is providing $600,000 to 20 companies across the region. The funding is being given in partnership with Innovation Guelph through Cohort 2 of the federal government's i.d.e.a. Fund.
The i.d.e.a Fund supports businesses throughout southern Ontario in efforts to develop green products and services that reduce environmental impact.
"Business owners in southern Ontario are making incredible strides to promote green products and build a clean economy," said Philomena Tassi, the minister responsible for the Federal Economic Development Agency (FedDev) for Southern Ontario. "The i.d.e.a. Fund offers financial and advisory support to entrepreneurs who are creating made-in-Canada solutions to our everyday problems. The Government of Canada is happy to support the i.d.e.a. Fund as they work with the next generation of Canada’s entrepreneurs to enable them to reach their full potential."
The program is supported by a $10-million federal investment through FedDev Ontario. In addition to WETech Alliance and Innovation Guelph, funding is also being provided to Haltech, Innovate Niagara, Innovation Factory, and TechAlliance of Southwestern Ontario.
For the complete list of Cohort 2 recipients, visit the i.d.e.a Fund's official website.
