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Eight GTA companies receive $14M from feds to scale-up business

DCN-JOC News Services
Eight GTA companies receive $14M from feds to scale-up business

OTTAWA — The Government of Canada is investing over $14 million towards the scale-up and growth of eight GTA-based companies, allowing them to grow digital and manufacturing solutions, move towards green operations and improve monitoring and tracking software.

The companies benefitting from the investment include Able Innovations Inc., BeWhere Inc., BlueDot Inc., Cognota Inc., Earth Boring Co., Mero Technologies Inc., Pentavere Research Group Inc. and Schlesinger Group Ltd. The funding is expected to create over 230 jobs across the GTA.

Cognota, a Toronto-based software company that provides AI-enabled learning applications, has a LearnOps platform which helps customers find new ways to manage strategy, intake, resources, processes and operational data in one place, in more efficient and low-cost ways. Cognota Inc. is receiving over $1.9 million, through the Jobs and Growth Fund, to grow and scale its learning software to pursue larger enterprise contracts, while also securing new sales and partnership opportunities in Canadian and U.S. markets, indicates a release.

Toronto-based Mero Technologies Inc., a sensor and analytics company, offers smart cleaning solutions for commercial buildings to help measure building occupancy and cleanliness. Mero is receiving $1.5 million through the fund to move forward with the commercialization of its smart cleaning platform, while also supporting made-in-Canada foot traffic and consumable usage sensor production and market expansion efforts into Western Canada and the U.S., adds the release.

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