This Toronto-based Indigenous Centre for Innovation and Entrepreneurship will be the first business incubator of its kind in southern Ontario.

The governments of Canada and Ontario are investing $70 million towards Sanofi Pasteur Limited’s $500-million vaccine manufacturing facility in Toronto.

As a result of a $2.085-million investment from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), a contract manufacturing and drug development research company in Toronto’s North York district will undergo renovations and an expansion. The company, Dalton Pharma Services (Dalton), will also provide $6.3-million in funding to finance the project.