Desire2Learn is recognized for its innovation and stimulation of sustainable economic growth in Ontario
Desire2Learn Incorporated (Desire2Learn), a leading provider of mission-critical enterprise learning solutions, today announced it is the recipient of funding from Ontario’s Ministry of Economic Development and Trade.
Desire2Learn will receive a grant of $4.25 million from the province of Ontario as part of the company’s investment of more than $28 million. Twenty-one new jobs will be created at Desire2Learn and an additional 33 existing jobs will be sustained. The company is continuing R&D and staffing investment to build out platforms for learning focused on three technology pillars including teaching and learning applications, mobile learning, and analytics that will help Desire2Learn increase its share of the growing eLearning market.
“Desire2Learn has demonstrated a real commitment to research and development,” states Sandra Pupatello, Minister of Economic Development and Trade. “We’re proud to support their latest investment that will help the company grow its share of the global eLearning market and create good jobs for Ontario families.”
The Government of Ontario offers a number of programs that support innovative ventures in technology, research, development and commercialization across industries and attract new investment in strategic areas of Ontario’s economy. Working proactively to promote the province’s technology sector and support high-value jobs for Ontario families is part of the government’s five-year Open Ontario Plan.
“We are very appreciative to be the recipient of a provincial grant that will support our ongoing commitment to R&D and job creation,” says John Baker, President & CEO, Desire2Learn. “We’re very excited about the future and fortunate to be experiencing incredible growth; financial infusions such as this are invaluable in assisting us achieve our goals.”
“Great ideas create great jobs. As Minister of Training, Colleges and Universities, and as a resident of Waterloo Region, I am proud that Desire2Learn’s software is making learning more accessible for students around the world while creating jobs here in Waterloo Region,” remarks John Milloy, Minister of Training, Colleges and Universities, and MPP for Kitchener Centre.