01-31-2018, 02:03 PM
(01-31-2018, 01:56 PM)REnerd Wrote:(01-30-2018, 06:33 AM)rangersfan Wrote: Miovision has received $1.5 million from the Ontario Government to help with the company's expansion plans.
https://kitchener.ctvnews.ca/mobile/kitc...-1.3780061
Interestingly the Ontario government is granting money to a company that is then discussing how they are going to leverage that into further private investor funds.
Seems to me the government should be investing in companies and receiving a payback if/when they are successful.
One could argue that they're hoping to make it back by collecting additional taxes from the company.