LONDON, Ontario, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Recognizing southwestern Ontario as a global leader in technology and innovation, the Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announces an investment of $3.5 million in TechAlliance of Southwestern Ontario. Doubling down on long-term growth and backing Canadian innovators, this critical funding will fuel the launch of Polaris, an ambitious initiative designed to amplify the innovation capacity of leading-edge companies across the rural communities of Lambton, Huron, Elgin, Oxford, and Middlesex, and their adjacent urban centres, including London. This transformative announcement was made today at TechAlliance by Peter Fragiskatos, Parliamentary Secretary to the Minister of Immigration, Refugees and Citizenship, and Member of Parliament for London Centre, who was joined by the Honourable Arielle Kayabaga, Deputy House Leader of the Government, and Member of Parliament for London West.

Key to Canada's future economic growth, Polaris is an engine for Canadian startups and IP rich, high-potential technology firms that are creating jobs, spurring innovation, and growing local economies in critical sectors such as AI, cybersecurity, medical technologies, digital health innovation, agricultural technologies, clean growth, housing manufacturing, and zero-emissions vehicles. This collaboration is a powerful commitment to driving inclusive and regionally diverse innovation, fortifying the economic strength of transformative tech companies, and sharpening their global competitive edge.

Through a dynamic cluster of offerings, including matched ...