CORNWALL, Ontario - Three Eastern-Ontario based innovation-driven enterprises and two manufacturers will benefit from an investment announced today in Cornwall, Ontario, by Northumberland Community Futures Development Corporation (CFDC), Cornwall & the Counties Community Futures Development Corporation and the Government of Canada.
Northumberland CFDC is pleased to support Food Cycle Science, Xplornet Communication and Ottawa Aviation Services to accelerate innovation, and Ross Video and M.P.I.Q.C. Inc. to support advanced manufacturing expansion. These combined projects will create up to 85 new full-time positions within Eastern Ontario.
The total investment of up to $500,000, under the Eastern Ontario Development Program’s Collaborative Economic Development Projects (CEDP) stream, will be matched by $1,861,666 in incremental private investment. This momentum aligns Eastern Ontario with the Government of Canada’s goal to make Canada a global centre for innovation – one that creates jobs, drives growth across industries and improves the lives of Canadians.
About the recipients:
Food Cycle Science – Offering a greener solution to food waste management through residential and commercial compost development technology, Food Cycle Science have invested this funding into the launch and commercialization of the IC-25 ─ a new, countertop, indoor composter to replace the “green bin.”
Xplornet Communications – Canada’s leading rural broadband internet provider specializes in bringing service to the hard to reach places and tackling Canada’s vast geography. Funding has been invested into Xplornet’s aggressive network expansion through the opening of a multi-functional Cornwall location.
M.P.I.Q.C. Inc – A global leader within the electronic manufacturing sector with the ability to handle custom complex projects from all key markets including Communication, Commercial, Medical, Military and Space. This funding has gone into the investment of equipment innovation to meet customer demands and increase efficiency.
Ottawa Aviation Services – An innovation-driven global Flight Training Organization focused on aviation skills training and career path development, funding has gone into the establishment of an international flight training school at the NAV Centre in Cornwall.
Ross Video – With products found in over 100 countries Ross Video designs, markets and manufactures a wide range of innovative products for use in broadcast, distribution, live-event and production applications. Ross Video has invested this funding into business expansion through acquisition and manufacturing innovation.