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Ontario Helping Cutting-Edge Companies Succeed

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Ontario Helping Cutting-Edge Companies Succeed

McGuinty Government Supporting 12 Innovative Companies, Creating Jobs

Ontario is helping 12 innovative companies grow, create jobs and bring cutting-edge products to market through its Investment Accelerator Fund.

With support from the province, Better The World is helping organizations give back to their communities and fuel innovative fundraising and social responsibility programs. The company's FlipGive technology connects merchants to consumers in campaigns, including Indigo's Adopt a School program -- which was voted best corporate social responsibility program in Canada. The company has created 18 new jobs so far in the province, and expects to hire an additional 30 people over the next two years.

Ontario has also helped create jobs with support for other innovative companies and projects, including:

  • 360pi (Ottawa) - Provider of pricing intelligence technology to help retailers to make faster, and smarter pricing decisions.

  • Axonify (Kitchener) - Provides corporate e-learning that combines brain science with the art of gaming.

  • CreativeD (Toronto) - An entertainment software company that creates platforms that blend content, social and games to make new products that engage audiences.

  • CrowdCare (Toronto) - Next generation customer service tools for products and services running the Android operating system.

  • Horizon Studios (Toronto) - A social sales incentive and training platform for sales and customer service teams.

  • Maintenance Assistant (Toronto) - Technology that helps businesses manage their maintenance operations.

  • MetaFLO Technologies (Toronto) - Environmentally-friendly technology to address liquid waste management.

  • Shopcaster (Toronto) - A social marketplace for local retailers and shoppers.

  • Sweet Tooth (Waterloo) - A points and reward software tool for small and medium online merchants.

  • Therapeutic Monitoring Systems (Ottawa) - The developer of a software solution that improves patient care in intensive care units.

  • Top Hat Monocle (Toronto) - A web and mobile-based classroom response system that engages students and provides professors with the real-time feedback on student understanding.

Attracting investment and helping business is a key part of the McGuinty government's plan to create jobs and strengthen the economy. A strong economy protects the services that mean the most to Ontario families -- health care and education.

Quick Facts

  • The Investment Accelerator Fund is delivered by MaRS on behalf of the province and helps early state companies develop their technology and gain entrepreneurial experience to attract investment and bring their products or services to market.
  • To date, Investment Accelerator Fund portfolio companies employ more than 800 staff in high-value jobs, fuelling Ontario’s innovation economy.
  • Employment in Ontario has increased by 324,900 net jobs from the recessionary low in June 2009.
  • As a result of the tax changes implemented in Ontario, taxes on business investment were cut in half, making Ontario more competitive and encouraging new business investments.

Additional Resources

Quotes

“Ontario is proud to support these innovative companies that are turning new ideas into great jobs. We are proud to support the development of new technology that improves the quality of life here in Ontario and around the world.”

Brad Duguid

Minister of Economic Development and Innovation

“We’re here to revolutionize grassroots fundraising and corporate philanthropy. The funding enables us to invest in the development and commercialization of FlipGive – helping more companies drive sales while creating positive social impact in their communities.”

Steve Croth

founding partner, Better The World Inc.

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