$50 million fund to help businesses manufacture medical supplies
Shady Salah – Media in Toronto
The Ontario government has announced the launching of a new $50 million Ontario Together Fund to help businesses provide innovative solutions or retool their operations in order to manufacture essential medical supplies and equipment, including gowns, coveralls, masks, face shields, testing equipment and ventilators.
This new Fund will support the development of proposals submitted by businesses and individuals through the Ontario Together web portal.
The announcement was made today by Premier Doug Ford, Vic Fedeli, Minister of Economic Development, Job Creation and Trade, and Christine Elliott, Deputy Premier and Minister of Health.
“Ontario has an army of innovators, entrepreneurs, and the hardest-working people in the world ready to roll up their sleeves, support our front line healthcare workers, and beat this virus,” said Premier Ford. “This mass mobilization of government, business, communities and private citizens to slow the spread of COVID-19 and keep people safe and healthy represents one of the largest and most ambitious efforts undertaken by Ontario in generations.”
In addition, the Ministry of Health and the Ministry of Economic Development, Job Creation and Trade have worked closely with businesses across Ontario and the Automotive Parts Manufacturers’ Association to ramp up production of ventilators to meet the need in Ontario and other parts of Canada. The government has recently placed an order with O-Two Medical Technologies who, with the support of Ontario’s world-class manufacturing sector, will produce 10,000 ventilator units.