January 13, 2023 – The Innovation Factory welcomed Vic Fedeli, Minister of Economic Development, Job Creation, and Trade to celebrate the recent investment announcement of $2.4 million to support the accelerator’s Centre for Integrated Transportation and Mobility (CITM). The investment will allow the CITM to expand programs and services to advance the future of automotive, transportation, smart infrastructure and energy industries.

As part of the Ontario Vehicle Innovation Network (OVIN), led by the Ontario Centre of Innovation (OCI) through the Government of Ontario, Innovation Factory established CITM in 2018 to provide business and technology advisory services, resources, and collaboration opportunities to start-ups and small- and medium-sized enterprises (SMEs) who are developing smart and sustainable transportation innovations.

“The continued investment in CITM has enabled our team to deliver on its commitment to support and develop Ontario-based SMEs through enhanced resources and expertise. Our partnership with OVIN helps us to expand our ecosystem of partners, and promote collaborations between emerging companies and industry leaders,” said David Carter, Executive Director of Innovation Factory.

Read the whole article at the Innovation Factory website.