Ontario Invests in Small Business and Innovation in the Greater Sudbury Area
Province Supports New Technologies in Health, Mining and Construction Sectors
Ontario is supporting small business and innovation in the Greater Sudbury area by investing in the development of new commercial applications for industry and health care.
With a total investment of more than $847,000 through the Northern Ontario Heritage Fund Corporation (NOHFC), the province is supporting four projects:
- NORCAT will receive $375,000 to upgrade their ventilation and electrical systems at their Underground Centre in Onaping. The upgrades will support the planned growth and expansion of the facility and provide a safe and productive working environment for staff and technology-testing customers.
- Nor-Vac Industrial Services / JettaCon Solutions will receive $250,000 to develop a remotely-operated, portable system that uses hydraulics and vibratory technology to remove hardened concrete from inside mobile ready mix drums, thereby eliminating hazards and risks of traditional manual removal methods.
- Verv Technology will receive $184,500 to develop a portable blood plasma separator that enables individuals to perform lab-quality diagnostic testing on a smart phone, allowing for disease and preventative health monitoring in a non-institutionalized setting, at any time.
- EnergyMax Manufacturing will receive $38,175 to develop equipment that recuperates and stores wasted thermal energy from furnaces, hot water tanks, boilers and solar collectors for later use, ultimately increasing thermal efficiency by over 95 per cent.
Since 2003, the province has invested over $1 billion through the NOHFC towards nearly 7,000 projects, leveraging more than $3.6 billion in direct economic activity and creating or sustaining over 26,000 jobs in Northern Ontario.
Supporting small business and investing in applied research and technology projects such as these is part of the government's plan to build Ontario up. The four-part plan includes investing in people's talents and skills, making the largest investment in public infrastructure in Ontario's history, creating a dynamic, innovative environment where business thrives, and building a secure retirement savings plan.
- In the Greater Sudbury area, the NOHFC has invested over $190 million in 1,105 projects that have helped generate or retain more than 3,560 jobs.
- The NOHFC’s investments in small business and research and innovation are part of the Ontario government’s Growth Plan for Northern Ontario.
“We’re excited to support the development and testing of these unique and innovative new prototypes. NOHFC investments in research and innovation demonstrate our government’s commitment to technological breakthroughs that improve safety, foster a healthy environment and save energy costs while stimulating local economies.”
“It’s important that we continue to provide support for innovation in Sudbury and right across the North. This funding through the NOHFC encourages business owners to be creative and expand. As we are all aware, growth in small business is a key component to the region’s economy.”
“The NOHFC has been a longstanding and exceptional partner supporting NORCAT in our ongoing commitment to serve as one of Canada’s premier innovation centres. The funds for this project will enable our organization to scale up on our mandate to support companies—from start-ups to multi-national enterprises—in developing, testing and showcasing their innovative technologies in our operating mine.”
“We are grateful to the NOHFC for supporting our goal to provide a much safer, more efficient and cost-effective alternative to the traditional manual cleaning of mobile concrete mixers. It is designed to significantly decrease safety hazards by eliminating the risk of injury or fatality when working in confined spaces.”
“With NOHFC financial support, we can complete development of a truly portable blood plasma separator device which will fill an ever-increasing global demand for point-of-contact diagnostics technology that produces accurate, immediate results.”
“Funding supplied by the NOHFC will allow us to introduce a commercial-strength energy extractor into the marketplace, which will reduce heat loss, increase energy efficiency and result in significant savings for residential and commercial consumers.”
Dr. Michèle Brûlé