Southwestern Ontario received the biggest FedDev contribution in the first quarter of the 2014 fiscal year, with $12.6 million awarded to the Windsor airport—Your Quick Gateway (Windsor) Inc.—through the Prosperity Initiative program. The funding closed in April.
Across the region, most of the FedDev fundings in the quarter were for municipal infrastructure and the annual funding for the regional CFDC offices. There was no direct funding for any other businesses.
The other funding of note was $367,500 to Guelph-based Bioenterprise through the Scientists and Engineers in Business program, which has now committed all of its funds. That program helps STEM grads build business skills and launch startups.
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