Canadian startup news of the week (07/21/19)

Jay Shah Velocity
Jay Shah, director of Velocity.

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If you prefer this update hit your inbox every week, make sure to subscribe to the BetaKit Newsletter using the form at the bottom of this page.

Top Stories of the Week

Ontario accelerators in flux after government lapses on CLA program funding(BETAKIT)

Sources have indicated to BetaKit that public money for CLAs has run dry, with no plans from the province to renew or supplement.

New data on Montreal startup ecosystem shows need for investments in scaling, capital(BETAKIT)

In this year’s Startup Genome Global Startup Ecosystem Report, Montreal fell just short of a coveted top 30 spot.

Impact Centre updates Narwhal List to reflect 2019’s big rounds, exits(BETAKIT)

University of Toronto’s Impact Centre has updated its 2019 Narwhal List, a report that highlights Canada’s fastest scaling private tech companies.

Rob Maurin wants to replicate Wave's success at Plooto(BETAKIT)

“That’s really a sweet position for me to be in, to take something with so much potential and bring it to its full realization.”

Startup Milestones

Must Reads

Five Canadian cities with highest volume of investment dollars and deals in 2018(BETAKIT)

PwC broke down the Canadian cities that saw the highest volume of dollars and deals in 2018: Toronto, Vancouver, Montreal, Quebec City, and Calgary.

Ask an Investor: How can I create optionality after I get an acquisition offer?(BETAKIT)

No matter what stage your business is in, optionality is something you can be proactively driving towards before an acquisition comes your way.

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Photo via Unsplash

Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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