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2021 Year In Review // York Region Economic Development

On behalf of York Region Economic Strategy, I am pleased to present the 2021 Economic
Development Year in Review. This is an overview of economic development activities undertaken this past year, highlights of business news from across the Region, and important economic indicators showing the strength and resilience of our business community in response to the COVID-19 pandemic.
ventureLab HCI

York Region’s New Investment Aims to Attract Global Tech Firms and Create New Jobs in the Region

Regional Municipality of York today announced a five-year, $1.5 million investment in ventureLAB’s Hardware Catalyst Initiative – a Canadian lab and incubator for hardware and semiconductor companies. 
Hardware Catalyst Institute

Hardware Catalyst Initiative Lands Further Funding

ventureLAB and the Regional Municipality of York have partnered to expand the Hardware Catalyst Initiative, Canada’s only lab and incubator for hardware and semiconductor companies.
This is a decorative photo doctor 2

ventureLAB-supported company, Hyivy Health, Secures $1.1M in Pre-Seed Funding

ventureLAB-supported company is developing the first smart, holistic pelvic health rehabilitation product for the one in three women who will develop pelvic health complications in their lifetime.
This is a decorative photo tech stuff 3

Vaughan Headquartered Kontrol Technologies to Deliver BioCloud Units to Qatar and Czech Republic

“Supported by an expanding global brand awareness and recognition of BioCloud as an innovative safe space solution, we expect to continue deployment of our technology to existing and new customers throughout the coming year.”
This is a decorative photo open again

Federal Government Announces New Targeted COVID-19 Business Support

The Government of Canada has confirmed that certain existing income and business support programs will end on October 23, 2021, as previously announced. This includes the Canada Emergency Wage Subsidy and the Canada Emergency Rent Subsidy.
Vaughan City Hall

Life Sciences Company LGC Relocating to Vaughan From Toronto, Bringing 400 ‘Highly-Skilled’ Jobs

LGC is an international life sciences measurement and tools company headquartered in the United Kingdom. LGC is expected to open its 200,000-sq.-ft. facility in 2024.
Bio Cloud

Vaughan Headquartered Kontrol Technologies Expands BioCloud Global Footprint

We continue to enhance BioCloud through ongoing software updates and expanded applications. We are pleased with our updated independent lab testing and we will continue to focus on growing our IP moat by expanding our patent portfolio to create long-term value for our stakeholders.
Kinglory world map

Markham Headquartered Kinglory Helping The Future of Secure Medical Device and Clients’ Records Using Blockchain Technology

Blockchain can prevent counterfeit and inferior products from occupying the market by recording product and service information with a timestamp to allow for authenticity traceability of each laser device right to the source.

Blockchain technology can also be used to record client medical information and files.

This is a decorative photo wellness station

Markham Headquartered AI Technology Company EAIGLE Launches a New Proof of Vaccination Platform to Provide Organizations with Enhanced Health and Safety Protection

EAIGLE’s Digital Vaccine Pass is a proof of vaccination platform that enables governments and organizations to verify vaccination status at scale. It empowers users to upload their proof of vaccination online or scan it on-site at EAIGLE’s wellness stations through a touchless and automated process.
This is a decorative photo soccer stadium

Vaughan Headquartered Kontrol Technologies Selected by German Professional Soccer Team to Provide Real-Time Air Quality and Viral Monitoring

BioCloud Technology to be Implemented in Club Facilities; Partnership to include Joint Marketing Campaign with BioCloud and VfL Wolfsburg. Kontrol and Wolfsburg will work together to advocate for the safe space technology and jointly market the BioCloud application globally and BioCloud will join VfL as an official partner for the 2021-2022 soccer season of their men’s and women’s team.
Cortelluci Vaughan Hospital

Canada’s First Smart Hospital in Vaughan Leverages Digital Devices to Enhance Emergency Preparedness

“The digital platform prioritizes incoming communications using real time alerts that are secure, providing the situational awareness needed to make timely and informed decisions,” said Felix Zhang, Chief Technology Officer at Mackenzie Health.
This is a decorative photo stagez

Richmond Hill-based StageZero Life Sciences Acquires Care Oncology Clinics

This acquisition expands StageZero’s clinical offerings, including access to a robust network of oncologists and physicians across the U.S.
“This transformative acquisition unlocks a number of near-term opportunities and access to additional lucrative market verticals,” said StageZero Life Sciences Chairman & CEO James Howard-Tripp.
ventureLAB annual review

York Region’s Regional Innovation Centre, ventureLAB, Releases 2020 Annual Review

Despite the economic and business challenges of COVID-19, ventureLAB program companies and alumni made an outstanding impact in 2020. From the launch of Tech Undivided and the Hardware Catalyst Initiative, discover everything else that this regional innovation centre supported in their 2020 Annual Review.
This is a decorative photoglasswals

Vaughan Headquartered Kontrol Technologies to Provide Air Quality Monitoring and Viral Detection Technology to US-based Steelcase

BioCloud samples the air continuously through a combination of three independent capture techniques. When the device detects a virus, it sends a communication in the Cloud or over local intranet, notifying workplace leaders in real time. With this actionable information, employers can take the measures needed to mitigate virus outbreaks in the office.
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Vaughan Headquartered Kontrol Technologies Completes Acquisition of Global HVAC & Automation Inc.

The acquisition of Global has the potential to drive significant growth and scale for Kontrol over the long term. With a consolidated revenue order book of $155 million, we are well poised for our next stage of growth.