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Government Funding / Government Grants for Cyborg Trading Systems |
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Government of Canada Supports Cyborg Trading Systems
October 12th, 2012 London, Ontario.
Cyborg Trading Systems develops automated trading technology for global financial firms. Their diverse client base includes hedge funds, brokers, banks and professional traders. The technology uses computerized algorithms to automate the process of trading and managing the risk of financial instruments.
Susan Truppe, Member of Parliament for London North Centre and Parliamentary Secretary for status of women, on behalf of the Honorable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a Government of Canada investment that will help Cyborg trading Systems grow and increase the global market presence of its trading technology. Through FedDev Ontario’s Prosperity Initiative, Cyborg trading Systems will receive up to $381,500 in funding in order to increase its resources both human and technological.
The purpose of the contribution is to help the company capitalize on existing market gaps, expand its operations and bring its products to market globally. “The FedDev Ontario investment will allow us to rapidly scale our global growth strategy by allowing us to accelerate our plans to hire top Canadian talent, we have a unique opportunity to be a world leader in the financial technology industry and this investment will take us one step closer to this goal” said James McInnes, founder and CEO of Cyborg Trading Systems.
TAGS: GOVERNMENT GRANTS, BUSINESS GRANTS, CANADIAN BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT FUNDING, BUSINESS NEWS |
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Government Funding / Government Grants for Sand Plains Aquaculture |
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HARPER GOVERNMENT INVESTS IN AQUACULTURE IN SOUTHERN ONTARIO
October 15th, 2012 London, Ontario.
The Government of Canada is providing $1.4 million in repayable and non-repayable government funding through the Sand Plains Community Development Fund. Aquaculture Innovation and Market Access program of the Agriculture and Agri-Food Canada, Fisheries and Oceans Canada department
With this investment, Sand Plains Aquaculture will produce Canadian farmed Tilapia for consumption in the Toronto market. The project will enable the company to raise over half a million pounds of Tilapia annually and will create a minimum of 10 full-time jobs. Another 20 will be created when the company is in a full operation.
“Sand Plains Aquaculture is excited to be the first land-based recirculating Tilapia farm in Ontario,” says co-owner Ewart Mclaughlin. “We are very please with the contributions from all of our partners. We have a great team that has worked hard to bring this project to fruition.”
Sand Plains Community Development Fund is a program created to assist rural communities in the Sand Plains region, near London, Ontario to build a stronger, more diversified economy. Sand Plains CDF targets community-based initiatives that support regional development, attract and retain people and investment, and stimulate business development and job creation.
By investing in projects like this, the Government is helping build a brighter future for rural communities in southern Ontario. This project will boost the economy by creating local jobs and enhancing the domestic fish farming industry.
TAGS: GOVERNMENT GRANTS, GOVERNMENT LOANS, GOVERNMENT FUNDING, BUSINESS NEWS |
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Government Funding for BHJ Canada Meat Products Inc. |
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GOVERNMENT OF CANADA INVESTS IN BHJ CANADA MEAT PRODUCTS INC.
September 20th, 2012 Calgary, Alberta.
The Canadian Government is helping an Alberta meat processing company to expand their operations and increase sales by providing funding towards the purchase and installation of new equipment and technology at their facility in Calgary. Government Loans and Government grants can help create lasting results that enhance communities and local economies. Government grant and loan programs are available in many different business categories.
BHJ is an international supplier of meat ingredients and meat raw materials for the food, pet food, feed and pharmaceutical industries.
“Our government is helping Alberta meat processors become more profitable and competitive because the economy is our number one priority,” said MP Deepak Obhrai. “This investment will help BHJ Canada Meat Products Inc. expand their operations and increase domestic and export sales, helping to strengthen our economy for the future.”
BHJ consists of two business areas: ingredients and meat and by-products.
BHJ is represented in more than 60 countries world-wide. BHJ has yearly revenue of approximately EUR 280 million and employs 700 people globally.
The government funding of $1 million by the Agricultural Flexibility Fund through the Agri Processing Initiative is designed to enhance the competitiveness of the agri-processing sector in Canada.
“This investment was key to our expansion,” noted Rod Deibert, President of BHJ Canada. “It enabled us to pursue a project that enhances our core business and expands our processing capacity from a range of suppliers within our industry.”
The project will benefit farmers through an increased demand by BHJ meat and poultry producers to the pet food industry in Canada, the U.S and Europe. The new equipment will help the company increase their competitiveness, production capacity and sales.
TAGS: GOVERNMENT GRANTS, GOVERNMENT LOANS, GOVERNMENT FUNDING, BUSINESS NEWS |
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Government Funding for LemonStand Inc. |
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CANADIAN START-UP RAISES FUNDING THROUGH BUSINESS DEVELOPMENT BANK OF CANADA
Sep 12th, 2012 Vancouver, British Columbia.
Vancouver’s LemonStand is an e-commerce platform aimed at mid-size merchants and developers creating online stores. They have raised government funding from the Business Development Bank of Canada It Venture Fund and a group of angel investors.
The BDC IT Venture Fund is a Canadian venture capital fund with partners in Toronto, Montreal, Vancouver and Ottawa.
LemonStand is flexible, solid and scalable ecommerce software. It is easy to customize and can power any online store.
LemonStand believes in continual growth and refinement, which puts them a step ahead in the market, but more importantly to provide greater value to their customers.
Danny Halarewich, CEO of LemonStand has stated they have built a strong and loyal community of happy developers around their platform, and they are very excited to further strengthen the LemonStand ecosystem by investing more into the development and partnerships.
“LemonStand will change the way future eCommerce stores are built-with a focus on building a strong ecosystem that brings rich features to merchants at a very affordable price.”
"We've found clients who want an easy to maintain, customized experience for their eCommerce store are very happy with LemonStand. It's now our go-to solution for clients," said Adam McCombs, web developer and co-author of The Definitive Guide to Magento.
TAGS: GOVERNMENT GRANTS, GOVERNMENT LOANS, GOVERNMENT FUNDING, BUSINESS NEWS |
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