Anthony Rota
Hon. Anthony Rota
Member of Parliament for Nipissing—Timiskaming
FedNor investing over $3.2 million for economic development and innovation projects in North Bay and region
February 3, 2023

The Government of Canada, through FedNor, is investing in technology to help large and small businesses become more innovative, competitive and successful, contributing to growth and the creation of quality jobs in Northern Ontario. 

Today, an investment of $3,218,500 was announced by the Government of Canada to support four initiatives led by Innovation Initiatives Ontario North (IION) and Canadore College that will support regional innovation, create jobs, and strengthen the economy of Northeastern Ontario.

The Honourable Anthony Rota, Member of Parliament for Nipissing-Timiskaming says, “I am pleased that this funding through FedNor will provide the necessary assistance to help companies increase their productivity, commercialize and take their business to the next level. In addition to supporting job creation, the federal government is working with small businesses in the Nipissing–Timiskaming region, and across Northeastern Ontario, to take advantage of new business opportunities that will support their growth and sustainability.”   

Of the total, IION will receive close to $2.5 million to implement three strategic initiatives: 

In addition, as part of the announcement, Canadore College will receive FedNor funding of $750,000 through the Regional Growth Through Innovation Fund (REGI to implement the Responsive Innovation 4.0 (RI 4.0) initiative which will enhance the regional innovation ecosystem and support critical applied research needs. The initiative will meet the innovation needs of Northern Ontario businesses and organizations by increasing their capacity for scale-up and product development. Over the next two years, Canadore's Innovation Center for Advanced Manufacturing and Prototyping facility (ICAMP), will undertake up to 30 individual research projects to help develop and commercialize new or modified products, processes, services or technologies and bring these new products to market. The initiative is expected to create 65 new jobs and maintain 60 others.

Rob Deline, Executive Director for IION says, “We are on the verge of an exciting future as we rapidly transition to new, adaptive economic models, and a redefined ‘regional globalisation’. Consequently, assisting businesses to grow through multiple processes of constant innovation, helping to create new opportunities, and their translation into successful commercial outcomes remains job one.”

George Burton, President and CEO, Canadore College says, “Canadore is grateful for the continued support of FedNor. The funding announced today by Minister Hajdu and MP Rota will give ICAMP the capacity to engage in projects that responsively meet the innovation needs of local and regional businesses and organizations in Northern Ontario. So far, the Responsive Innovation Fund at ICAMP has helped 18 companies with a total of 24 projects.  These projects bring economic development and employment to the region. ICAMP is looking to provide another round of funding beginning in April to continue to help forge new and lasting strategic business alliances for a stronger North.”

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