Skip to content

Digital economy players receive provincial stimulus money

Heritage Fund rolls out funding to eight tech companies
Rickford podium

Eight Northern Ontario digital and tech companies received more than $1 million in recovery stimulus through the Northern Ontario Heritage Fund and Energy, Northern Development and Mines Minister Greg Rickford.

Thunder Bay's KBM Resources Group digitially captured $289,340 to grow its operations by purchasing state-of the-art aerial survey and mapping equipment and software.

Mijem Inc. of Sault Ste. Marie studied hard to get $186,778 to enhance its mobile commerce phone app, which targets postsecondary students by making it easier to buy and sell items such as textbooks, furniture, clothing and sublets.

Sudbury's The Kore Project Inc. will employ $165,851 to develop cloud-based software that combines vendor compliance and safety and certificate management for employees and contractors into one simple and easy-to-use system.

Want to read more stories about business in the North? Subscribe to our newsletter.

Border Giant Inc. of Thunder Bay will use $139,500 to expedite the establishment of a customs broker and parcel service company in Thunder Bay that makes it fast, easy and inexpensive for consumers and retailers to import and export goods.

Taking inventory with $100,000 is the Waabnoong Bemjiwang Association of First Nations to finish building an asset management tool for its six member First Nations.

Always with a solution is FSET Inc., a IT software development and services company, which is earmarking $91,000 to purchase a building and expand its operations.

North Bay's Clark Marketing Communications Productions has the big picture in mind in using $60,000 to develop software that tracks and matches job seekers with relevant training and employment opportunities in the Ontario government's social assistance branches, such as Ontario Works.

Tier1CRM Inc. a software developer for the financial services industry, cashed in on $15,619 to set up an office in Sudbury.

"As we focus on economic recovery, our government is proud to make targeted investments in growing sectors and businesses here in Northern Ontario," said Rickford in a statement.

"Today's investments in the North's digital economy will help businesses grow and thrive, stimulate economic development and diversification across the region and create highly-skilled employment opportunities for the people of Northern Ontario."