Grants and Contributions:
Title:
816107
Agreement Number:
816107
Agreement Value:
$10,000,000.00
Agreement Date:
Jan 19, 2021 - Mar 31, 2026
Description:
Grow and advance a thriving and self-sustaining health innovation ecosystem, that will support and retain the growth and success of local health tech companies around the Health Sciences Campus. The project will capitalize on the strong pipeline of health tech companies that is emerging in southwestern Ontario to connect them with an integrated suite of services ranging from mentorship and business advisory services, support for health tech product development, and access to specialized labs and clinical trial spaces at the University of Waterloo’s planned Innovation Arena and at Western University. It will combine the digital technology acceleration strengths of the Waterloo Region with the research hospital based assets of the London region to provide seamless support to both early-stage and scaling firms.
Organization:
Federal Economic Development Agency for Southern Ontario
Expected Results:
To achieve one or more of the following departmental results, i) Businesses in Southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in Southern Ontario are innovative and growing; and iii) Communities are economically diversified in Southern Ontario.
Location:
Waterloo, Ontario, CA N2L 3G1
Reference Number:
062-2021-2022-Q2-00167
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
119260685
Recipient Type:
Academia
Additional Information:
2020/21 to 2025/26,
Recipient's Operating Name:
University of Waterloo
Recipient's Legal Name:
University of Waterloo
Federal Riding Name:
Kitchener Centre
Federal Riding Number:
35045
Program:
Regional Innovation Ecosystem
Program Purpose:
To create, grow and develop strong and inclusive regional ecosystems that support business growth and innovation, as well as the entrepreneurial environment necessary to foster more innovative regional economies and increase the competitiveness of small- and medium-sized enterprises.
Coverage:
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
NAICS Code:
611310