Ontario – Ruby Sahota, Minister of Democratic Institutions and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), along with Mona Fortier, MP for Ottawa–Vanier, announced a combined investment of nearly $4.2 million to support five women-led organizations to scale-up, modernize their ventures, and grow.
| Recipient Name | Project | Funding Amount |
|---|---|---|
| CASSEN Testing Laboratories | To accelerate the development and commercialization of this Toronto-based company’s chemical hazard identification service for air quality issues through AI and cloud-assisted interpretation. | $697,000 |
| Nexxt Intelligence | To scale-up this Toronto-based company with improvements to its product suite and implementation of strategies to capitalize on market opportunities. | $1,500,000 |
| PARO Centre for Women’s Enterprise | To support this not-for-profit social enterprise to implement the Women’s Innovation Initiative to support and increase the number of scalable women-owned companies. | $750,000 |
| Tristar Coatings Ltd. | To enhance the manufacturing capabilities and optimize the operations of this Brampton-based manufacturer of specialty paints and coatings serving the aerospace sector through the acquisition of new equipment. | $500,000 |
| Universal Seal Inc. | To enhance the manufacturing capabilities, competitiveness, and productivity of this Bancroft-based manufacturer of polyurethane hydraulic seals through the adoption of new technologies and advanced equipment. | $750,000 |
The Government of Canada is committed to working together with women-led businesses and the organizations that support them to help them succeed and foster a thriving, inclusive economy for Canadians.