Government of Canada invests in southern Ontario’s life sciences sector
2025-02-14 19:15
The Government of Canada is investing \$35 million in the Southern Ontario Life Sciences Innovation Hub (SOLS). This investment will help SOLS to support the growth of the life sciences sector in southern Ontario, create jobs, and strengthen the region’s economy.
SOLS is a not-for-profit organization that provides resources and support to life sciences companies in southern Ontario. The organization offers a range of services, including access to funding, mentorship, and business development support.
“The investment by the Government of Canada is a significant step forward for the life sciences sector in southern Ontario,” said Dr. David Lau, CEO of SOLS. “This investment will allow SOLS to provide even more support to life sciences companies in the region, helping them to grow and succeed.”
“The Government of Canada is committed to supporting the growth of the life sciences sector in southern Ontario,” said Navdeep Bains, Minister of Innovation, Science and Economic Development. “This investment will help SOLS to continue to provide the resources and support that life sciences companies need to succeed.”
“The investment by the Government of Canada is a vote of confidence in the life sciences sector in southern Ontario,” said John Milloy, Chair of the SOLS board of directors. “This investment will help to create jobs, strengthen the economy, and improve the lives of Canadians.”
The life sciences sector is a rapidly growing industry in southern Ontario. In 2017, the sector employed over 125,000 people in the region. The Government of Canada’s investment in SOLS will help to create even more jobs in the sector and strengthen the region’s economy.
About SOLS
SOLS is a not-for-profit organization that provides resources and support to life sciences companies in southern Ontario. SOLS offers a range of services, including access to funding, mentorship, and business development support. SOLS is funded by the Government of Canada, the Province of Ontario, and the private sector.
About the Government of Canada’s investment
The Government of Canada’s investment in SOLS is part of the government’s Innovation and Skills Plan. The plan is a \$950 million investment in the innovation and skills of Canadians. The plan includes funding for programs that support entrepreneurship, innovation, and the development of skills.
More information
For more information about SOLS, please visit www.solsontario.ca/.
For more information about the Government of Canada’s Innovation and Skills Plan, please visit www.canada.ca/en/innovation-science-economic-development/news/2018/06/canadas-innovation-and-skills-plan-a-comprehensive-approach-to-talent-development-and-entrepreneurial-success.html.
Media contacts
SOLS
Dr. David Lau CEO SOLS david.lau@solsontario.ca
Government of Canada
Media Relations Innovation, Science and Economic Development Canada ic.media.ic@canada.ca
Government of Canada invests in southern Ontario’s life sciences sector
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