Women-owned businesses suffering greater staff reductions due to COVID-19, report finds
During the COVID-19 pandemic, the percentage of women-owned businesses that have laid off 80 percent or more of their staff…
COVID-19
All BetaKit coverage related to the COVID-19 coronavirus pandemic.
Following pivot and pandemic-fuelled growth, Zoom.ai raises $600,000 in funding
Meeting scheduling software platform Zoom.ai has secured $600,000 CAD in a combination of equity and debt financing. The startup…
CRA launches updated calculator for Canada Emergency Wage Subsidy
The Canada Revenue Agency (CRA) has launched an updated online calculator for the Canada Emergency Wage Subsidy (CEWS). The…
Federal government commits additional $41 million in COVID-19 support to Indigenous businesses
The federal government has committed approximately $41 million in additional COVID-19 support to 73 Indigenous-owned businesses…
14 startups participating in Silicon Valley’s Canadian Technology Accelerator Digital
Fourteen Canadian startups have been selected to participate in the eight-week Canadian Technology Accelerator (CTA) Digital,…
New survey reveals most popular federal COVID-19 support programs for businesses
The federal government’s Canada Emergency Commercial Rent Assistance (CECRA) program, aimed to help small businesses cover…
New Volta CEO optimistic about Atlantic Canada’s recovery from COVID-19
Martha Casey has been named the new CEO of Atlantic Canada innovation hub Volta. Casey has been the interim CEO of the hub…
Canadian tech says continued IRAP IAP funding “critical” to sustaining business amid pandemic
Following the extension of the emergency wage subsidy to December, the Canadian tech sector is hoping to pressure the federal…
Lightspeed shows strong growth YoY, but revenues flat after COVID-19 quarter
Lightspeed POS has reported strong year-over-year growth as revenue and customer growth stayed flat due to the COVID-19 pandemic.…
Digital Technology Supercluster invests $30 million in 17 projects through COVID-19 program
The British Columbia-based Digital Technology Supercluster has announced a cumulative investment of approximately $30 million…
Platterz raises $43.8 million CAD Series B, rebrands to Thriver as company pivots post-pandemic
Toronto-based corporate catering startup Platterz has rebranded to Thriver following a $43.8 million CAD ($33 million USD)…
Federal government commits $78 million to new COVID-19 vaccine trials and research
The federal government announced several funding commitments earlier today to support COVID-19 vaccine development. The funding…
Clean Works Medical, Pure Life Machinery receive $2 million from Ontario’s COVID-19 fund to sanitize PPE
Beamsville, Ontario-based Clean Works Medical and Pure Life Machinery have received a $2 million investment from the province…
Two Canadian startups among Holt FinTech Accelerator’s 2020 cohort
Montreal-based Holt FinTech Accelerator has revealed the startups part of its 2020 cohort. The third in its history, the accelerator…
How Startupfest pivoted from Canadian tech summer camp to a ‘hybrid’ event
Unlike other major tech events in Canada, which look to attract the world’s attention (RIP Elevate), Startupfest has a unique…