Six Eastern Ontario-based manufacturers will benefit from an investment from Northumberland Community Futures Development Corporation (CFDC) through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).
Paul Corrigan, Mainstream's Head of Corporate Finance presented at the 'Renewable Energy Project Finance' conference. Paul's presentation focused on:
"Funding Project Equity – The Developer’s perspective on how to maximise value:
• Use of Hold Co. Equity vs 3rd party options
• A Build and Hold / IPP Model vs asset disposals
• Emerging markets vs mature
• Changing dynamics / the impact of Yield Cos."
Ferme d’éducation et de recherche du campus d’Alfred (FERCA) will benefit from an investment announced today in Alfred, Ontario, by the Northumberland Community Futures Development Corporation (CFDC) and Francis Drouin, Member of Parliament for Glengarry–Prescott–Russell.
Victoria, while rich in renewable energy resources and strong industry capabilities in ICT, its dependence on brown coal as an energy source has meant it has struggled in demonstrating leadership in the emerging or so called "new energy" sector. This sector strategy published in 2016, suggests that the state's appetite for change has moved in the right direction, with some of the plans e.g. setting renewable energy generation targets, already being committed to publicly. This will greatly help in bringing further investment in new energy into the state.
New energy technologies are a small but growing part of Victoria’s economy. New energy technologies include forms of renewable energy, innovations that make the state's energy system more efficient, and the products and services that increase consumers’ control over their energy needs. The new energy technologies sector
creates jobs to deliver these outcomes to the state.
New energy technologies offer potential for substantial employment growth across the state because of competitive advantages in the sector. Victoria enjoys significant advantages in areas such as information and communications technology (ICT), advanced manufacturing, and material engineering. It also has abundant world-class renewable energy resources, smart meter infrastructure, and research and technological
capabilities, so it is well-placed to capitalise on sector growth.
2018 Innovate UK Clean Growth and Infrastructure BrochureKTN
Innovate UK has published a brochure showing how it and its partner organisations drive innovation and help businesses meet challenges in the clean growth and infrastructure sectors.
The document outlines the impact that the business support network has had including significant investments in the UK and support for overseas projects.
Innovate UK’s business support partners include the Knowledge Transfer Network, Enterprise Europe Network, the Catapult Network, Innovation and Knowledge Centres and the Urban Living Partnership.
Read more: https://www.ktn-uk.co.uk/news/clean-growth-and-infrastructure-brochure-how-innovate-uk-and-its-partners-drive-innovation
Innovation and Funding Opportunity in Canada for Eureka and ACQUEAU projects.
Presentation by Andrew Bauder, National Research Council Canada
ACQUEAU Workshop on Industrial Waste Water Tratment 12 March 2015
Paul Corrigan, Mainstream's Head of Corporate Finance presented at the 'Renewable Energy Project Finance' conference. Paul's presentation focused on:
"Funding Project Equity – The Developer’s perspective on how to maximise value:
• Use of Hold Co. Equity vs 3rd party options
• A Build and Hold / IPP Model vs asset disposals
• Emerging markets vs mature
• Changing dynamics / the impact of Yield Cos."
Ferme d’éducation et de recherche du campus d’Alfred (FERCA) will benefit from an investment announced today in Alfred, Ontario, by the Northumberland Community Futures Development Corporation (CFDC) and Francis Drouin, Member of Parliament for Glengarry–Prescott–Russell.
Victoria, while rich in renewable energy resources and strong industry capabilities in ICT, its dependence on brown coal as an energy source has meant it has struggled in demonstrating leadership in the emerging or so called "new energy" sector. This sector strategy published in 2016, suggests that the state's appetite for change has moved in the right direction, with some of the plans e.g. setting renewable energy generation targets, already being committed to publicly. This will greatly help in bringing further investment in new energy into the state.
New energy technologies are a small but growing part of Victoria’s economy. New energy technologies include forms of renewable energy, innovations that make the state's energy system more efficient, and the products and services that increase consumers’ control over their energy needs. The new energy technologies sector
creates jobs to deliver these outcomes to the state.
New energy technologies offer potential for substantial employment growth across the state because of competitive advantages in the sector. Victoria enjoys significant advantages in areas such as information and communications technology (ICT), advanced manufacturing, and material engineering. It also has abundant world-class renewable energy resources, smart meter infrastructure, and research and technological
capabilities, so it is well-placed to capitalise on sector growth.
2018 Innovate UK Clean Growth and Infrastructure BrochureKTN
Innovate UK has published a brochure showing how it and its partner organisations drive innovation and help businesses meet challenges in the clean growth and infrastructure sectors.
The document outlines the impact that the business support network has had including significant investments in the UK and support for overseas projects.
Innovate UK’s business support partners include the Knowledge Transfer Network, Enterprise Europe Network, the Catapult Network, Innovation and Knowledge Centres and the Urban Living Partnership.
Read more: https://www.ktn-uk.co.uk/news/clean-growth-and-infrastructure-brochure-how-innovate-uk-and-its-partners-drive-innovation
Innovation and Funding Opportunity in Canada for Eureka and ACQUEAU projects.
Presentation by Andrew Bauder, National Research Council Canada
ACQUEAU Workshop on Industrial Waste Water Tratment 12 March 2015
Innovate UK - our role in supporting UK innovative businessesDr Ruth McKernan CBE
I gave this presentation at the Science and Innovation 2017 conference - discussing the work of Innovate UK, including the latest update on the Industrial Strategy Challenge Fund, plus details of our sector competitions and the Catapults network.
The vision of Masdar City (the world’s first zero-carbon city to be created before 2020) was shared by the Masdar City team at a September 16, 2009, business-to-business seminar held at MaRS.
The seminar attracted nearly 70 cleantech suppliers, green technology leaders, government policy makers and sector funders. This presentation is from Sustainable Development and Technology Canada, created for this seminar.
This month's Breakfast Briefing is focused on the theme of 'low carbon' (or 'clean growth' as it is referred to in the UK governments 'The Grand Challenges').
We will be joined by Tevi, Cornwall New Energy and others to deliver an information packed breakfast briefing that will disseminate information to assist the Owner Manager of the SME in embedding, or further embedding, 'clean growth' into your business ethos. Topics being covered include:
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•Overview of the business support available to businesses in Cornwall and Isles of Scilly
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•The circular economy and local energy generation – tomorrow’s themes today
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PKF Francis Clark is delighted to present our 13th annual Finance in Cornwall event on Tuesday 25th June 2019.
Delegates will hear from more than a dozen sources of funding and business support via short presentations and panel discussions, with the opportunity to ask questions and network with other local business owners and directors and professional advisers.
This year we have also teamed up with Cornwall Lenders Forum (a Cornwall Chamber of Commerce initiative), Acceleration Through Innovation and Cornwall Trade and Investment.
We have welcomed over 150 people to the event each year and we recommend that you reserve a place if you are thinking about expanding or investing further in your business in Cornwall.
La Société d’aide au développement des collectivités (SADC) de Northumberland et M. Francis Drouin, député de Glengarry - Prescott – Russell ont annoncé aujourd’hui, à Alfred, en Ontario qu’une aide financière a été accordée à la Ferme d’éducation et de recherche du campus d’Alfred (FERCA) .
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The vision of Masdar City (the world’s first zero-carbon city to be created before 2020) was shared by the Masdar City team at a September 16, 2009, business-to-business seminar held at MaRS.
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Eastern Ontario Accelerates Innovation and Receives Eastern Ontario Development Program Support
1. News Release
For Immediate Release
Eastern Ontario Accelerates Innovation and Receives Eastern Ontario
Development Program Support
November 14th
, 2018
Cobourg, Ontario
Six Eastern Ontario-based manufacturers will benefit from an investment from Northumberland Community
Futures Development Corporation (CFDC) through the Federal Economic Development Agency for Southern
Ontario (FedDev Ontario).
Northumberland CFDC is pleased to collaborate with Canadiana Cabinets Ltd, Global Energetix Company Ltd,
ATG Industries Ltd, Queensway Plastics Ltd, Transformix Engineering Inc. and Havelock Metal Co. to support
manufacturing innovation and new market expansion. These combined projects will create up to 42 new full-
time positions within Eastern Ontario.
The combined investment of up to $600,000, under the Eastern Ontario Development Program’s Collaborative
Economic Development Projects (CEDP) stream, is matched by $2,449,600 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:
Canadiana Cabinets Ltd – Family-owned and operated, located in Cavan Monagan, Canadiana Cabinets
provides custom kitchen cabinets, vanities, built-ins, range hoods and accessories. Funding has been invested in
innovative advanced manufacturing automated equipment providing high-efficiency finishing and drying. The
productivity gained in these advancements will yield a savings of up to three days on client project timelines.
Global Energetix Company Ltd. – Located in South Frontenac, Global Energetix specializes in developing,
manufacturing and installing its proprietary electrochemical water and other liquid treatment technology.
Funding has been invested to establish a Frontenac Manufacturing Facility with a focus on manufacturing and
community training. A= pilot project will be implemented in the region in collaboration with Queen’s
University Faculty of Engineering and Utilities Kingston, focusing on municipal water and wastewater
disinfection.
ATG Industries Ltd. – Located in Clarence−Rockland, ATG Industries is a precision manufacturing business
specializing in the aerospace and telecommunications industries. Funding has gone into capital improvement at
the new facility to improve process flow and operational efficiency.
Queensway Plastics Ltd. – Located in Peterborough, Queensway Plastics is a manufacturer and distributor of
quality plastic insert fittings and water well accessories. Funding has supported the purchase and installation of
new state-of-the-art energy-efficient injection molding equipment, providing productivity improvement across
operations and energy consumption.
Transformix Engineering Inc. – Based in Kingston, offering high-efficiency automated assembly systems,
Tranformix Engineering invested this funding into prototype development and trial of the next generation of its
patented advanced manufacturing system CNCAssembly® technology.
2. Havelock Metal Co. –Havelock Metal is a manufacturer of metal roofing and siding products, located in
Havelock. Funding has supported their core business in the areas of IT infrastructure enhancement and upgrades
to improve efficiency and automation across the full manufacturing process.
Quotes
“Our Government is proud to support economic development in the regions. Congratulations to the
six innovative companies receiving support from the Northumberland CFDC. Today’s announcement is a great
example of the Government of Canada’s commitment to innovation in manufacturing, and our commitment to
continued economic growth and job creation.”- The Honourable Navdeep Bains, Minister of Innovation,
Science and Economic Development and Minister responsible for the Federal Economic Development Agency
for Southern Ontario
“Northumberland CFDC is pleased to support the momentum of Eastern Ontario innovation, specifically within
the manufacturing sector. These investments position the area and local economy well to meet the increasing
demands of its customers, and enable growth and expansion into global markets.” - Wendy Curtis, Executive
Director, Northumberland CFDC
About Northumberland CFDC
Northumberland CFDC is an independent business development organization focused on supporting innovation
and entrepreneurship as pathways to economic development and diversification. Working in collaboration with
the 14 other CFDCs of Eastern Ontario, Northumberland CFDC is driving the delivery of the CEDP stream of
the Eastern Ontario Development Program, an initiative from the Federal Economic Development Agency for
Southern Ontario (FedDev Ontario).
About the Eastern Ontario Development Program (EODP)
The Eastern Ontario Development Program (EODP) is a $48-million initiative that advances economic
development in rural eastern Ontario. Through EODP, FedDev Ontario is collaborating with Community
Futures Development Corporations (CFDCs) in eastern Ontario and Community Futures Ontario East to
promote the growth of new and existing businesses in rural communities.
Wendy Curtis
Northumberland CFDC – Executive Director
1.866.670.1191
Wendy.Curtis@northumberlandcfdc.ca