The recent $134-billion budget tabled by the Ontario government underscores the provinc
e’s ongoing commitment to technology innovation, according to one provincial minister.
Brad Duguid, Scarborough Centre MPP and Ontario Minister of Economic Development said that the future of the province’s economy hinges on technology growth within local start-ups and small- to medium- sized enterprises (SME) and in helping businesses take new technologies to global markets. …
He pointed to the recent announcement that Ontario will invest $22.75 million in the IBM Innovation Incubator (I3) Project, an initiative that sees the province partner with IBM Canada and Ontario Centres of Excellence (OCE) to help up to 500 SMEs “create jobs, embrace next-generation technologies and compete in the global marketplace.” …
The project will help small and medium enterprises fast-track the launch of new technologies and products to international clients and grow the province’s knowledge economy even further, according to Duguid. Rest