Grants and Contributions:
Title:
1014247
Agreement Number:
1014247
Agreement Value:
$4,500,000.00
Agreement Date:
Jan 1, 2024 - Mar 31, 2027
Description:
To support the expansion of a state-of-the-art semiconductor and hardware incubator in southern Ontario and provide programming and advisory services to companies working in this sector.
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:
MARKHAM, Ontario, CA L3R 9Z7
Reference Number:
062-2023-2024-Q3-00009
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
832922207
Recipient Type:
Not-for-profit organization or charity
Recipient's Operating Name:
VENTURELAB
Recipient's Legal Name:
VENTURELAB INNOVATION CENTRE
Federal Riding Name:
Markham-Thornhill
Federal Riding Number:
35055
Program:
Regional Innovation Ecosystem (RIE)
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:
541611