FedDev Ontario invests over $4M in BluWave-ai Inc. and Tehama Inc.
by CM Staff
This combined investment hopes to create over 85 jobs, as well as leverage $12.6 million in private sector support to the region.
Government of Canada supports Electric Vehicle and clean technology through investment
KANATA — On Nov. 17, Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced an investment of $4.4 million to support two Ottawa-based tech companies: BluWave-ai Inc. and Tehama Inc. This combined investment hopes to create over 85 jobs, as well as leverage $12.6 million in private sector support to the region.
A month ago, Prime Minister Trudeau and Premier Doug Ford announced an expansion of Nokia’s Kanata campus. This shows continued growth for the Ottawa tech region and investments like these try and ensure that Canadian companies can scale up and their success will attract new talent.
BluWave-ai Inc. is a Kanata-based clean technology company that uses AI to help utility companies add renewable energy sources to its electricity grid. This $1.7-million repayable contribution will help BluWave-ai build and commercialize software products to manage Electric Vehicle (EV) fleet operations while reducing energy consumption and carbon-emitting vehicles.
Tehama Inc. is an Ottawa-based software company that offers accessible, easy and secure cloud-based remote workplace Desktop-as-a-Service (DaaS) solutions for SMEs and large enterprises. This $2.7-million repayable contribution will help the company integrate new technologies into its cybersecure platform to support global expansion efforts of its Carrier for Work™ solution.
“Businesses are the heart of our communities across the country. That is why FedDev Ontario is investing in tech firms like Tehama Inc. and BluWave-ai Inc. that are creating the tools needed by our businesses to adapt to a new digital and energy-efficient future. Helping companies innovate so that they can increase their competitiveness and create high-quality jobs will continue to be a priority for our government. Investments like these ensure that tech hubs like Ottawa continue to attract new investments and contribute to a growing economy,” said Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario.
“Tech companies like BluWave-ai and Tehama Inc. are what build Ottawa’s growing history of tech research and innovation, and ensure that we keep pushing the boundaries to benefit our regional economy and Canadians. 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.
