Federal Government Investing in Local Small Business

Accelerated Systems Inc. is an innovative Waterloo-based company that creates electric bikes, motorcycles, and outdoor equipment. The federal government recently announced an $800,000 investment into Accelerated Systems Inc., to help expand their operations, commercialize their products, and hire up to 15 new employees.

“Over the years, I have watched the company grow into the leader it has become today. I am proud of the fact that the Government of Canada is working with ASI to expand their ability to create energy-efficient products that promote responsible, sustainable transportation. Today’s announcement is great news for our community. It will help create jobs and boost innovation in our local manufacturing and clean technology sectors – a big win for the Waterloo Region.” – Hon. Bardish Chagger

Read more about the announcement here. Learn more about Accelerated Systems Inc. here.

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