Hamilton-based innovation hub gets $6M from feds to develop life sciences technology

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This article appeared on globalnews.ca by Lisa Polewski. To read the entire post Click Here.

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The federal government has announced a $6-million investment in a new Hamilton-based innovation hub that seeks to solve health care issues using ‘made-in-Canada’ solutions.

The funding through FedDev Ontario will help local non-profits Innovation Factory and Synapse Life Science Consortium create a network called the Southern Ontario Pharmaceutical and Health Innovation Ecosystem — or SOPHIE for short.

Mélanie Joly, Canada’s Minister of Economic Development and Official Languages, said SOPHIE will create 50 new jobs and maintain another 100 jobs in the region, as well as provide support for more than 100 businesses.

“They will have access to acceleration mentorship, they will have access to capital,” said Joly during a virtual press conference on Tuesday.

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