Government of Canada Funding For Ottawa-Area Business Start-Ups

Government of Canada invests in six Start-Up Development Companies

Ottawa, Ontario March 22, 2013

The Honourable Gordon O’Connor, Member of Parliament for Carleton – Mississippi Mills, announced that six start-up technology development companies will be granted financial assistance.

BLINQ WIRELESS INC. will be granted financial assistance from the Government of Canada up to $984,667.

ESIGHT CORP. is receiving financial assistance up to $950,000.

IMPAKT PROTECTIVE INC. will be receiving financial assistance in the form of a $500,000 contribution.

MAGOR COMMUNICATIONS CORP. will be receiving financial assistance in the form of a $500,000 contribution.

FUSEBILL INC. is receiving financial assistance up to $450,000.

THINKRF CORPORATION will be receiving financial assistance in the form of a $287,500 contribution.

“Our Government continues to support the drivers of growth and job creation – innovation, investment, education, skills and communities,” said Minister O’Connor. The Government of Canada will be investing in all six companies an amount of over to $3.5 million.

The companies are expected to create 123 high-value, full-time jobs in the Ottawa area with an additional 202 jobs by 2017.

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