The Canadian federal government has issued 114 grants totaling $269,487,606 for Business Scale-Up initiatives. Key recipients include E. Hofmann Plastics Inc., Gay Lea Foods Co-operative Limited, and Peak Power Inc. The Federal Economic Development Agency for Southern Ontario is the top department involved in these grants.
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Business Scale-Up
SaveTotal Grants
114
Total Amount
$269.5M
Provinces Served
2
Top Recipients by Funding Amount
| # | Recipient | Grants | Total Amount |
|---|---|---|---|
| 1 | E. Hofmann Plastics Inc. | 2 | $11.2M |
| 2 | Gay Lea Foods Co-operative Limited | 1 | $10.0M |
| 3 | Peak Power Inc. | 1 | $7.6M |
| 4 | Axonify Inc. | 1 | $7.3M |
| 5 | Solace Corporation | 1 | $7.0M |
| 6 | Formula Solutions Inc. | 2 | $6.2M |
| 7 | Pillar5 Pharma Inc. | 1 | $6.2M |
| 8 | Onward Manufacturing Company Limited & Onward Multi-Corp. | 1 | $6.1M |
| 9 | Onward Manufacturing Company Limited | 1 | $6.1M |
| 10 | Opus One Solutions Energy Corporation | 2 | $6.0M |
| 11 | Northern Transformer Corporation | 2 | $6.0M |
| 12 | Spartan Bioscience Inc. | 2 | $5.7M |
| 13 | Kingston Automation Technology Inc. | 2 | $5.4M |
| 14 | SLACAN | 2 | $5.3M |
| 15 | Dejero Labs Inc. | 1 | $5.0M |
| 16 | JCAI Inc. | 1 | $5.0M |
| 17 | Intellijoint Surgical Inc. | 1 | $4.8M |
| 18 | Electrical Contacts Limited | 2 | $4.6M |
| 19 | Axiom Plastics Inc. | 1 | $4.5M |
| 20 | Media Resources, Inc. | 3 | $4.4M |
Geographic Distribution by Province
| Province / Territory | Grants | Total Amount | Share |
|---|---|---|---|
| ON | 113 | $266.5M | 99% |
| QC | 1 | $3.0M | 1% |
Recent Grants
Recipient
Amount
Year
Purpose
Gay Lea Foods Co-operative Limited
$10.0M
--
Peak Power Inc.
$7.6M
--
Axonify Inc.
$7.3M
--
Solace Corporation
$7.0M
--
Pillar5 Pharma Inc.
$6.2M
--
Onward Manufacturing Company Limited & Onward Multi-Corp.
$6.1M
--
Onward Manufacturing Company Limited
$6.1M
--
E. Hofmann Plastics Inc.
$5.6M
--
E. Hofmann Plastics Inc.
$5.6M
--
Dejero Labs Inc.
$5.0M
--
Intellijoint Surgical Inc.
$4.8M
--
Axiom Plastics Inc.
$4.5M
--
APAG Elektronik Canada
$4.0M
--
Precision Stamping Group
$4.0M
--
MindBeacon
$4.0M
--
BioConnect
$3.9M
--
Kepler Communications Inc.
$3.8M
--
Pancap Pharma Inc.
$3.5M
--
Equispheres Inc.
$3.5M
--
Nulogy Corporation
$3.4M
--
Formula Solutions Inc.
$3.1M
--
Gay Lea Foods Co-operative Limited
$10.0M--
Modernize and upgrade processing facilities in Teeswater, Guelph, Hamilton & Clayson to boost productivity, innovation, ...
Peak Power Inc.
$7.6M--
The project is to launch Peak's Vehicle-to-Grid (V2G) business, which allows electric vehicles to discharge electricity ...
Axonify Inc.
$7.3M--
The project is to scale-up growth substantially through productivity improvements, product development, and new vertical...
Solace Corporation
$7.0M--
The project will support the expansion of Solace's operations by scaling-up resources and increasing market exposure.
Pillar5 Pharma Inc.
$6.2M--
The project involves upgrading manufacturing equipment and facility to allow the company expand its product offering, ma...
Onward Manufacturing Company Limited & Onward Multi-Corp.
$6.1M--
· The project supports the repatriation of a production line from the US to Canada and includes facility modification, e...
Onward Manufacturing Company Limited
$6.1M--
The project supports the repatriation of a production line from the US to Canada and includes facility expansion, equipm...
E. Hofmann Plastics Inc.
$5.6M--
This project will accelerate the company?s growth by implementing a series of automated and advanced thermoforming and i...
E. Hofmann Plastics Inc.
$5.6M--
The project is to accelerate the company's growth by implementing a series of automated and advanced thermoforming and i...
Dejero Labs Inc.
$5.0M--
The project is to expand their Waterloo facilities, commercialize new mobile connectivity software technology and enter ...
JCAI Inc.
$5.0M--
The project is seeking to scale-up manufacturing in order to support the installation of proprietary airport de-icing pa...
Intellijoint Surgical Inc.
$4.8M--
Intellijoint Surgical Inc. proposes a 3-year, $19.5 million project to further the commercialization of its HIP and KNEE...
Axiom Plastics Inc.
$4.5M--
Increase production capacity and capability through further capital investment Axiom's Industry 4.0 facility including i...
SSIMWAVE
$4.2M--
The project is to scale up production of SSIMWAVE’s award-winning artificial intelligence enabled technology, optimize i...
APAG Elektronik Canada
$4.0M--
The purpose is to support the establishment of a headquarters in Windsor. The company will replicate its European-style ...
Precision Stamping Group
$4.0M--
This is a capacity and capability enhancement project, which includes investments in leasehold improvements as well as t...
MindBeacon
$4.0M--
Project activities include commercializing BEACON under SAAS model for new markets; expanding development team; and scal...
Whitebird
$3.9M--
Expanding our plant in Hamilton to enable us to export our packaging solutions to US markets, increase Canada's level of...
BioConnect
$3.9M--
The project supports a cyber security firm with an innovative identity management solutions to commercialize its Digital...
Kepler Communications Inc.
$3.8M--
Kepler seeks to establish an advanced manufacturing facility in Toronto that is capable of mass producing nano-satellite...
Pancap Pharma Inc.
$3.5M--
The project supports facility upgrades, advanced manufacturing equipment purchases and installations, facility and equip...
Equispheres Inc.
$3.5M--
Commercialization of the company's high performance aluminum metal powders for additive manufacturing use in aerospace a...
Nulogy Corporation
$3.4M--
The project supports late-stage development and sales & marketing activities of a high-growth digital firm with an innov...
You.i TV
$3.1M--
The project is seeking to scale-up market development activities to increase global market sales outside North America, ...
Formula Solutions Inc.
$3.1M--
Develop innovative composite material manufacturing system to produce commercial aircraft components for the global mark...
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