The town is now creating a $1-million fund — drawn from existing reserves, not paid by taxpayers — to boost economic vibrancy by attracting companies and creating jobs, and to create a community brand.
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York Region Business News
Explore an aggregated collection of business news, blogs, and press releases coming from the York Region business community.
York Region headquartered Magna Awarded Specialized eDrive System Business With North America-Based OEM
Magna is growing its electrification customer base with a newly awarded contract from a North America-based OEM to supply a specialized primary rear eDrive system for one of the company’s high-end niche vehicle platforms. The award reinforces Magna’s commitment to supporting the automotive industry’s short and long-term transformational needs.
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All-in-one transit fare coming to York Region this month
“Simplifying fare payments with the new One Fare Program puts travellers’ experience first and makes our collective transit systems even more convenient, reliable and affordable,” Emmerson said. “One Fare removes boundaries and barriers to travelling across different municipalities, allows for more convenient access and supports our growing communities.”
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Announcing the 7th Cohort of the Hardware Catalyst Initiative
The selection process for cohort 7 was highly competitive, including a rigorous bootcamp to ensure the selected companies were primed for success in the hardware industry, which is notoriously known for long lead times for product validation and securing investment.
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Advisor series: building stronger ventures with diversified strengths
In the ever-evolving world of startups, building successful ventures goes beyond just innovative ideas and market analysis – it lies in the strength and diversity of your startup’s team.
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Vaughan headquartered Mircom Group of Companies introduces their next-gen Secutron fire detection and alarm product range into the U.S. security distribution market
The Secutron fire detection and alarm products meet the most stringent industry standards, including UL 864 10th edition and are meticulously engineered and produced at Mircom Group’s two North American manufacturing facilities.
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Launch of Digital Main Street program in partnership with the Town of Georgina and Town of East Gwillimbury
Local businesses in the Town of Georgina are set to receive valuable assistance with the introduction of the Digital Main Street program, a collaborative effort between the Town of Georgina and the Town of East Gwillimbury.
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Multi-faceted York Region-based digital transformation agency evolves to support other local and international startups
Treefrog assists a broad range of businesses, particularly focusing on those in their developmental stages or facing technological or marketing/growth challenges. Their team aims to provide solutions that enhance growth, improve technological capabilities and streamline operational processes.
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Announcing the third cohort of ventureLAB’s Accelerate AI
ventureLAB is proud to announce the 3rd cohort of the Accelerate AI program. This transformative 6-month program is designed to champion the growth and scaling of AI startups, empowering them to deliver cutting-edge solutions and applications that tackle the challenges in the modern industry!
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Creation Technologies expands Markham facility
The recently held ribbon-cutting event celebrated the move to a new site in Markham, which now boasts a custom-built, state-of-the-art space spanning 118,500 square feet. The new location represents a 54% larger physical footprint for Creation Technologies in Markham.
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Government of Canada supports expansion of services at ventureLAB
$4.5 million for the next phase of the Hardware Catalyst Initiative, supporting 30 technology companies while creating and maintaining over 170 jobs in southern Ontario.
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Government of Canada invests in main streets and neighbourhoods across southern Ontario
With this investment, the organization will launch two new programs through MMS to provide funding and support for businesses and community organizations across southern Ontario. The new programs will support up to 325 businesses on main streets across 100 communities, along with 75 community projects promoting high-impact placemaking activities. These activities will help draw people to main streets and encourage locals and visitors to support an estimated 2,500 community businesses and organizations.
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