ventureLAB Innovation Centre

$5,000,000.00 CAD

≈ 65 Canadians' average pay for a year

Department: Federal Economic Development Agency for Southern Ontario
Program: Regional Innovation Ecosystem
Recipient country: Canada
Fiscal year: 2018-2019
Agreement period: February 13, 2019 – December 31, 2023
Reference: feddevontario:GC-2019-Q1-00103

Published purpose

The project is to enhance existing regional strengths and enable SMEs to accelerate growth to become globally competitive. The Hardware Catalyst Initiative will be Canada's first hardware and silicon incubator

In plain English AI-generated

This funding supports ventureLAB's Hardware Catalyst Initiative, Canada's first hardware and silicon incubator, to help small and medium-sized enterprises grow and become globally competitive.

Category: Research Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions