The funding proposed would be over three years and would come from the region’s Innovation Investment Fund, which the region includes in its budget to support innovative projects on an application basis.
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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.
Newmarket launching new ‘iconic’ event on Main Street this winter
Main Street from Water Street to Park Avenue is proposed to have live entertainment after 5 p.m., with restaurants invited to have outdoor expansion zones that the town will oversee. Some attractions will include igloo lounges rented for the southern portion of Main Street, two zones dedicated to ice bars, and a sign highlighting the event meant for photography from the Park Avenue entrance. There will also be art and ice sculpture installations.
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StorageMart’s growth in Ontario continues with latest facility launch in Woodbridge
The new facility features modern amenities that make storing items easier than ever. Customers can quickly reserve a unit online with no long-term commitments. Not only does the facility provide an easy solution for storing items safely, but it also allows customers to access their items when it’s most convenient for them.
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Vaughan headquartered Drone Delivery Canada receives approval for BVLOS flights and dangerous goods transportation on its dronecare commercial project
The approvals from Transport Canada mark a significant milestone for DDC and signifies the government’s recognition of the Company’s cutting-edge technology, rigorous safety standards, and commitment to advancing the field of drone logistics.
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York Region-based company, VCycene, turns food-waste to fertilizer in seven days
Yin says York Region is truly one of Canada’s key innovation engines and an economic powerhouse. “We gained direct access to a diverse network of government grants, angel investor platforms, venture capital investing, workshops for prototyping and production, testing agencies and support of big multinational corporations,” Yin comments.
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Markham headquartered Enghouse Systems signs agreement to acquire Mediasite
Sonic Foundry is dedicated to transforming how the world works and learns through innovative and scalable technology solutions.
Read More Vaughan headquartered Drone Delivery Canada completes first milestone of the canary contract wit the Department of National Defence
The completion of the first milestone of the project involved nine test objectives pursuant to which the Company completed a total of 145 flights with an overall flight distance of almost 800km.
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Trinity Consultants acquires Richmond Hill headquartered Valcoustics Canada
The company will operate within Trinity’s built environment business, combining its acoustical capabilities with those that span North America, Ireland, and Australia into one unified entity.
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TPG acquires majority of Oxford’s GTA industrial portfolio including a Vaughan business park in new joint venture
The joint venture, which is the first between TPG and Oxford, represents one of the largest private industrial real estate transactions in Canada to date. TPG Real Estate, TPG’s diversified real estate investment platform, is acquiring the properties through its dedicated real estate equity fund series.
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AbbVie Canada expanding and celebrates over a decade of thriving in Markham
“That’s why we needed a bigger office as the new home in Markham, to welcome the Ontario-based employees,” Murphy said. “We wanted to build an environment that stimulates collaboration, innovation and inspires us.”
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Smart mobility innovators here’s your chance! OVIN Demonstration Zone challenges launch in Markham and Vaughan
It is no secret that the way people and goods move is changing. From the transition to hybrid or fully-electric cars to better the environment or drone delivery to support hospital capacity, there is no shortage of examples of ways innovation is propelling sustainability in our communities and moving us forward.
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OVIN demonstration zones in Markham, and Vaughan now open for applications
The City of Markham and City of Vaughan, with funding from the Ontario Government through Ontario Vehicle Innovation Network (OVIN), officially launched the Demonstration Zone and are now inviting businesses to apply to demonstrate their mobility technologies. The first round of selected businesses will pilot their technologies in early 2024.
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