As part of the Western Innovation (WINN) Initiative, the Canadian government has announced close to $21 million to help 16 Alberta tech companies scale their companies.
The announcement took place in Calgary at QuirkLogic, one of the newly-announced funding recipients. QuirkLogic received $1.5 million through the initiative.
“QuirkLogic is thrilled to be one of the recipients from the Western Innovation Initiative,” said Nashir Samanani, the co-founder and CEO of QuirkLogic. “Our product, Quilla, is a digital writing solution that enables individuals and teams to capture their creative intellectual assets in real-time. This investment allows us to accelerate our product innovation and drive significant company growth as we expand our global technology footprint.”
The WINN Initiative is a five-year federal initiative that offers repayable contributions for small and medium-sized enterprises with operations in Western Canada, in order to help move their technologies from the later stages of research and development to the marketplace. Previous recipients have included FLYHT Aerospace Solutions, Vitalus Nutrition, and Loop Energy.
“The Government of Canada is working hard to help Albertan entrepreneurs turn their ideas into thriving businesses and create good middle class jobs,” said Navdeep Bains, the Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada. “Through the Innovation and Skills Plan and funding programs such as Western Innovation initiative, we are helping to propel innovative entrepreneurs and businesses from start-ups into global success.”
The full list of funding recipients include: