Today, Federal Economic Development Agency for Southern Ontario (Fed Dev Ontario) announced an investment of over C$4 million to support two Ottawa-based tech companies: BluWave-ai Inc. and Tehama Inc.

BluWave-ai is a cleantech company that uses AI (artificial intelligence) to help utility companies add renewable energy sources to their electricity grid. It obtained a repayable contribution of C$1.7 million aimed at building and commercializing software products to manage Electric Vehicle (EV) fleet operations while reducing energy consumption and carbon-emitting vehicles.

Tehama offers cloud-based remote workplace Desktop-as-a-Service (DaaS) solutions for SMEs (small to medium-sized enterprises) and large enterprises. It is seeking to integrate new technologies and expand its cybersecure platform, and obtained a repayable contribution of C$2.7 million.

The combined investment leverages C$12.6 million in private sector support to the region.

“Today’s announcement will help home-grown technologies, while supporting the creation of over 85 high-quality jobs across the Ottawa region.” said Jenna Sudds, parliamentary secretary to the Minister for Women and Gender Equality and Youth, and Member of Parliament for Kanata–Carleton.

The post Government of Canada invests over C$4 million to support electric vehicle and clean technology first appeared on IT World Canada.

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