ventureLAB Innovation Centre

$9,735,000.00 CAD

≈ 126 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:062-2020-2021-Q3-00372

Published purpose

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

In plain English AI-generated

This federal contribution funds the 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