“These types of investments are important to the diversification of our local economy,” says MPP.
Greater Sudbury – The McGuinty government is helping Symboticware Incorporated develop its unique monitoring technology by investing $50,000 through the Northern Ontario Heritage Fund Corporation’s (NOHFC) Emerging Technology program, Sudbury MPP Rick Bartolucci announced today.
“I am very pleased that the McGuinty government’s support is helping Symboticware undertake this innovative research and development in our community,” said Bartolucci. “This important step will help this company position itself as a future leader in specialized technology.”
Symboticware Incorporated is developing hardware and software specifically designed for monitoring climate, air and water qualities in arctic and remote Northern Ontario. The monitoring devices collect real time data and provide a cost-effective way for users to obtain information and help make better-informed decisions.
“Sudbury is an excellent gateway for Far North monitoring projects which makes it an ideal location to grow Symboticware. We are very pleased to receive assistance from the Northern Ontario Heritage Fund Corporation to support the development of our innovative monitoring products,” said Kirk Petroski, President of Symboticware Incorporated.
“Our government is committed to investing in emerging technologies that will help diversify the northern economy and create jobs,” concluded Bartolucci. “We have an array of talented and innovative people here in Sudbury and I am happy to see them benefitting from these types of commitments.”
- This investment is part of Ontario’s five point economic plan which includes a $1-billion commitment to support innovation across the province.