Government of Canada Announces Support for Entrepreneurs and Businesses in Southern Ontario
Ottawa, Ontario – November 8, 2024 – The Government of Canada today announced a new investment to support entrepreneurs and businesses in southern Ontario. The investment will provide funding for programs and services that will help businesses start, grow, and succeed.
The funding will be provided through the Regional Economic Growth through Innovation (REGI) program. REGI is a federal program that provides funding to businesses and organizations in regions across Canada to help them grow and create jobs.
The funding announced today will be used to support a variety of initiatives in southern Ontario, including:
- The Southern Ontario Business Centre Network: The network will provide businesses with access to resources and support, including business planning, market research, and financing advice.
- The Southern Ontario Innovation Hub: The hub will provide businesses with access to the latest research and development facilities, as well as mentorship and support from experienced entrepreneurs.
- The Southern Ontario Export Accelerator: The accelerator will help businesses expand into new markets and increase their exports.
The Minister of Innovation, Science and Economic Development, the Honourable Navdeep Bains, said: “The Government of Canada is committed to supporting entrepreneurs and businesses in southern Ontario. This investment will help them start, grow, and succeed, which will create jobs and boost the economy in the region.”
The investment announced today is part of the Government of Canada’s Innovation and Skills Plan. The plan is a major investment in education and training, as well as research and development, to help Canada become a global leader in innovation.
For more information:
Media Relations Innovation, Science and Economic Development Canada 343-291-1777 ic.mediarelations-mediasrelations.ic@canada.ca
Government of Canada announces support for entrepreneurs and businesses in southern Ontario
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