Monday, March 04, 2013

Cyborg Trading receives largest IRAP contribution in Canada in Q3 disclosures

Just a few weeks after Cyborg Trading received $381,500 through FedDev's Prosperity Initiative, the company got another big boost, this time from IRAP—a long-time supporter of the company. Cyborg has received $842,000, the largest contribution made by IRAP anywhere in Canada in the quarter (it actually happened late in IRAP's Q2, but was disclosed with the Q3 contributions).

Also receiving six-figure contributions (or thereabouts) were Pyramid Farms in Leamington and Waterloo Region's Accelerator Centre, Clearpath Robotics, and Miovision Technologies.

Disclosed IRAP contributions, Q3 FY2013:

Cyborg Trading SystemsLondon$842,000
Pyramid FarmsLeamington$203,265
Accelerator CentreWaterloo$125,000
Clearpath RoboticsKitchener$103,000
Miovision TechnologiesKitchener$99,999
Innovation GuelphGuelph$80,000
Sarnia-Lambton Economic Partnership  Sarnia$80,000
Guelph Chamber Of CommerceGuelph$65,000
Ball MediaBrantford$50,000
Applied Comfort ProductsCambridge$50,000
Intelligent Health SolutionsFergus$50,000
West Furniture Co.Hanover$50,000
Horizon Furniture DistributorsKitchener$50,000
London Economic Development Corp.London$50,000
Nexus SolutionsLondon$50,000
Trac RailLondon$50,000
SP Stalls & StorageMount Brydges  $50,000
System-On-Chip TechnologiesWaterloo$50,000
Sport Systems UnlimitedWaterloo$50,000
Bioinformatics SolutionsWaterloo$50,000
Virtek Vision InternationalWaterloo$50,000
Avenir MedicalWaterloo$50,000
WEtech AllianceWindsor$49,750
Essex Weld SolutionsEssex$49,000
Aeryon LabsWaterloo$49,000
Digital Boundary GroupLondon$48,400
Cennatek Bioanalytical ServicesSarnia$48,000
Cedarline GreenhousesDresden$47,517
Integra MedicalLondon$46,500
Windsor Machine & StampingWindsor$41,800
Mahle Filter Systems CanadaTilbury$40,050
Sparkmatrix TechnologiesWaterloo$40,013
Karos HealthWaterloo$40,000
Brunato FarmsLeamington$39,965
Six S PartnersWaterloo$33,892
City Media NetworkLondon$30,000
Lamko Tool & MoldLondon$28,772
Tesla DigitalWindsor$28,000

Lots of familiar names on the list. The economic development groups for London (LEDC) and Sarnia (SLEP) both received funding, as did the regional innovation centres for Guelph (Innovation Guelph) and Windsor (WEtech Alliance). I don't include them in the Southwestern Ontario group, but Hamilton's Innovation Factory received one of the larger contributions in the quarter—$100,000.

Also see FedDev Q3 fundings.