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Government of Canada invests in Hamilton-based catalyst for tech innovation

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This news release appeared on canada.ca from the Federal Economic Development Agency for Southern Ontario

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$6 million to establish innovation hub for businesses to commercialize healthcare solutions, support 100 life sciences firms and create 50 jobs

March 30, 2021 – Hamilton, Ontario

Home to a diverse healthcare sector, world-class research institutions and a growing number of technology companies, the Hamilton area continues to be a leader in healthcare innovation. As Ontario works towards recovery from the global pandemic, the need for made-in-Canada healthcare solutions is more important than ever. That is why the Government of Canada is investing in communities like Hamilton, who have a strong history in innovation, healthcare and collaboration and have the potential to cultivate new ideas while creating jobs and, supporting a strong economic recovery.

Today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for FedDev Ontario, announced a FedDev Ontario investment of $6 million for Innovation Factory, which will work alongside the Synapse Life Science Consortium to launch the Southern Ontario Pharmaceutical and Health Innovation Ecosystem (SOPHIE)   ……………………….

Click Here to Read the Entire News Release

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