ontario-semiconductors-202002

Project Description:
Amount Funded: $500,000
Amount Funded: $500K - $1M
Industry: Semiconductors
Province: Ontario
Type of Facility: SR&ED Financing
Days to Fund: 12
Use of Funds: Coming out of a turbulent time, the company needed to inject cash quickly to ramp up its sales. These funds were used for business development to leverage their clear advantage in the 5G market.
Company Background: This company is a leader in the development of 5G mm-wave silicon. The company is one of a few semiconductor companies that ship mm-wave devices in high volume.
Semiconductors