The Ontario government is investing $6.5 million through the Life Sciences Innovation Fund (LSIF) to support 13 Ontario-based companies developing next-generation health technologies and creating high-quality jobs across the province.
Among the recipients is Vessl Prosthetics Inc., an innovative startup based out of the Brampton Venture Zone. Vessl’s inclusion in this provincial funding round highlights the growing role Brampton plays in advancing health and medical innovation.
This investment underscores the importance of supporting life sciences companies from research to commercialization especially those, like Vessl, that are improving lives through advanced prosthetic solutions.
Quick Facts
- LSIF is an important contributor to achieving the goals, set in the government’s life sciences strategy – Taking Life Sciences to the Next Level, to solidify Ontario as a global biomanufacturing and life sciences hub.
- LSIF is delivered by the Ontario Centre of Innovation (OCI).
- Since 2018, Ontario has attracted over $6 billion in life sciences investments.
- Every year, more than 72,000 STEM students graduate from post-secondary programs across the province, producing one of the most highly skilled life sciences workforces in the world.
Source: Ontario Supporting Life Sciences Innovations | Ontario Newsroom
Click here to learn more about how Brampton is growing its health and life sciences sector and why innovators choose our city to grow their medical breakthroughs
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