Connect with us

Hi, what are you looking for?

Tech & Science

$6.7 million federal investment aims to boost business growth in Edmonton

The PrairiesCan funding will support local firms in scale-up operations and expanding markets

Edmonton
Photo by Alex Pugliese on Unsplash
Photo by Alex Pugliese on Unsplash

The federal government is injecting more than $6.7 million into Edmonton-based businesses, aiming to help them scale operations, increase productivity, and reach new markets. 

The funding, announced by Terry Duguid, Minister for PrairiesCan, supports companies working in sectors such as sustainable building technologies, digital health, advanced manufacturing, and renewable energy.

“Today’s investments will help power some of Edmonton’s most innovative, high-growth companies to realize their full potential, scale up, expand into new markets, and create more high-quality jobs for Canadians,” Duguid said in a statement. 

“Our government is proud to support Alberta’s technology sector by providing the capital and resources needed to enhance competitiveness and bring Alberta-made solutions to the world.”

Companies receiving funding

The funding comes through PrairiesCan’s Business Scale-up and Productivity program, and is expected to contribute to approximately 100 jobs. 

Edmonton-based companies receiving support include:

  • Levven Electronics: Funding up to $1,257,000 to expand manufacturing capacity, build a national marketing and sales team, and grow its line of sustainable building technology products. The company’s patented in-home solutions aim to reduce material costs and waste, making homes more affordable and energy-efficient.
  • CARE Group: Up to $1,500,000 in funding to scale its digital mental health platform to more than 50 rural and Indigenous communities across Canada. The initiative seeks to enhance access to mental health care for underserved populations.
  • Demir Engineering Ltd.: As much as $2,500,000 to expand in-house production of bi-metallic and metal matrix industrial products, scale up its advanced manufacturing operations, increase its workforce, and enter new domestic and international markets.
  • Grengine: Up to $1,500,000 to scale production of its battery energy storage technology. The company is focused on expanding manufacturing, lowering costs, and accelerating the deployment of its plug-and-play battery packs for critical infrastructure and remote operations.

A push for innovation and sustainability

The investments align with the Government of Canada’s Framework to Build a Green Prairie Economy, which prioritizes sustainable economic growth in the region.

“Edmonton is a global leader in innovation, pioneering new products and services in sustainable building technologies, digital health solutions, advanced manufacturing, alternative energies, and much more,” said Randy Boissonnault, member of parliament for Edmonton Centre. 

“Our government’s investments are helping to further advance the Edmonton region’s reputation for bringing new ideas to market across a wide range of sectors and industries.”

For the companies involved, the funding is expected to provide a significant boost to their growth and ability to reach broader markets.

“This investment from PrairiesCan is a game-changer for Levven,” says James Keirstead, president of Levven Electronics Ltd. “It enables us to scale our manufacturing, expand our sales and marketing reach, and accelerate the adoption of our sustainable building technology. By reducing material waste and labour costs, we’re making homes more affordable and energy-efficient — something that benefits builders, homeowners, and the environment.”

The impact of these investments extends beyond business growth, with companies emphasizing their role in addressing key societal challenges.

“Access to mental health support should not be a privilege, but a right for every Canadian — regardless of where they live,” says Ray Yue, co-founder and CEO of CARE Group. “This investment from PrairiesCan enables CARE Group to expand our digital mental health programming to more underserved populations across Canada, bridging critical gaps in care with innovative, scalable solutions.”

The funding also supports technological advancements in energy security.

“Grengine’s technology is redefining energy security,” says Connie Stacey, CEO of Grengine. 

“As the only battery pack manufacturer in the world with PCB-level integrated cybersecurity, we are setting a new global benchmark for safe, scalable, and sustainable power. This investment from PrairiesCan enables us to expand manufacturing, lower costs, and accelerate the deployment of our plug-and-play energy storage technology — delivering secure, emission-free power to industries, remote operations, and critical infrastructure.”

The federal investment signals ongoing support for Edmonton’s business ecosystem as local firms continue to develop and commercialize new technologies.

This article was created with the assistance of AI. Learn more about our AI ethics policy here.

Avatar photo
Written By

Jennifer Kervin is a Digital Journal staff writer and editor based in Toronto.

You may also like:

Tech & Science

Generative AI threatens to disrupt myriad industries, from software development and factory work to music and the movies.

Business

If the US financial sector survives all this brilliance, it’ll be a miracle.

World

A global artificial intelligence summit kicks off in New Delhi on Monday with big issues on the agenda.

Business

Where in the US are the best places for STEM professionals?