Overview

• FedDev Ontario committed $3.5 million to TechAlliance to launch Polaris, announced in London by Parliamentary Secretary Peter Fragiskatos with MP Arielle Kayabaga on behalf of Minister Evan Solomon.
• The program is set to support the growth of more than 115 high‑potential firms across southwestern Ontario, linking London with Lambton, Huron, Elgin, Oxford and Middlesex counties.
• Polaris bundles training, mentorship, advisory services, seed and matched funding, leadership development, workforce supports and investor engagement to accelerate commercialization.
• Targeted sectors include artificial intelligence, cybersecurity, medical technologies, digital health, agricultural technologies, clean growth, housing manufacturing and zero‑emissions vehicles.
• TechAlliance will work with participating companies on allocations and reporting, says some funds may support its operations, and federal officials plan regular follow‑ups; detailed rollout timelines were not provided.