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Showing posts from November, 2012

FedDev Q2 fundings include Maluuba, Avenir, Dejero, Axonify, GTAN and Cyborg Trading

Kudos to the staff at FedDev for announcing most of the contributions for the July to September period before the quarterly disclosures were posted. The most significant not-yet-announced funding from the list is $925,000 for Dejero, made through FedDev's Investing in Business Innovation program (which means there was additional angel funding for the company as well).

Angel groups across Southern Ontario are getting $100,000 this year from FedDev and GTAN received its funding in the quarter.

Funding to businesses is repayble.

Disclosed FedDev fundings in (or related to) Southwestern Ontario:

MaluubaWaterloo$980,000Avenir Medical Waterloo$950,000DejeroWaterloo$925,000AxonifyWaterloo$750,000Sweet ToothWaterloo$750,000Cyborg Trading SystemsLondon$381,500Ontario Association Of CFDCsSt. Thomas  $170,000AURP CanadaWaterloo$129,500Golden Triangle Angel NetworkCambridge$100,000Western Ontario CFDC AssociationThorold$45,000
AURP Canada is a national organization, headed by Carol Stewart …

A&L Labs (London) and Communitech top SWO IRAP contributions, July-September

IRAP has disclosed its Q2 contributions—the period covering July, August, and September. Topping the list among recipients in Southwestern Ontario is A&L Labs in London and Communitech in Waterloo Region, with London's Quantum5X also in the six-figure range.

Other recipients include Big Blue Bubble, TechAlliance, Avvasi, CrossChasm, Aeryon, IMAP, Akira, Powernoodle, Renix, Neoventures, and LifeLike Biotissue.

Disclosed IRAP contributions for Southwestern Ontario:

A&L Laboratories Canada London $436,839CommunitechKitchener$300,000Quantum5x SystemsLondon$126,623Delhi SolacDelhi$80,095Big Blue BubbleLondon$60,000Can-TechnologiesCambridge$50,000Clearwater ClinicalLondon$50,000PolyanalytikLondon$50,000TechAllianceLondon$50,000Ontario Drive And GearNew Hamburg  $50,000MittenParis$50,000AvvasiWaterloo$50,000Crosschasm TechnologiesWaterloo$50,000Huron Technologies InternationalWaterloo$50,000Aeryon LabsWaterloo$50,000CS Automotive TubingLondon$49,988Bluewater Wood AllianceWalkerto…

Middlesex County tops SWO for residential assessment increases ... farmland values jump

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The 2012 MPAC property assessment results are all in, and all regions of Southwestern Ontario fell below the provincial average of an 18.0% increase in residential property value between 2008 and 2012.

Across the region, the highest average increase was in Middlesex County—my new(ish) home—at 17.0%, followed by Grey (16.3%) and Bruce (15.8%) Counties and Guelph (15.5%), with Waterloo Region (15.3%) and Huron County (14.8%) close behind.


(In the MPAC announcement, Brant-Haldimand-Norfolk were lumped together with a range of 8.3% to 10.3% for the three. I used the mid-point for the graph.)

Windsor was at the other end of the scale with a 0.3% increase, followed by Sarnia at 1.8%.

In Ontario, the highest reported increase was in Timiskaming, where assessments were up an average 36.8%. But that doesn't come close to the increases for farmland:


The value of farmland has skyrocketed in Southwestern Ontario over the last four years, with the biggest increases coming in Chatham-Kent (65.6…