FedDev Ontario contributes $11.3M to Bioindustrial Innovation Canada

In Canada, Minister Mélanie Joly announced 600 new jobs for Bioindustrial Innovation Canada. FedDev Ontario’s C$15 million  (about $11.3 million) financial contribution will promote new sustainable innovations and bring business support network to Eastern Ontario.

Through this project, 150 businesses and organizations will be assisted and 700 jobs will be created and maintained in southern Ontario. This new sustainable chemistry hub will position Ontario – and ultimately Canada – as a leader in helping innovative clean tech companies scale up and grow.