Innovate BC, NRC IRAP invest $2 million into 13 BC cleantech companies
BC Fast Pilot program has invested $9.9 million into 75 projects to date.
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Diagram Ventures announces new $60-million VC fund to build and back early-stage cleantech startups
The ClimateTech Fund is co-anchored by Québec and Sagard.
Two years after Graphite Ventures spinout, MaRS IAF is ready to invest again
With new hires, managing director says IAF has achieved “critical mass.”
Federal Fall Economic Statement promises to expand Payments Canada eligibility, introduce open banking legislation in 2024
Canada commits to “consumer-driven finance” and more powers for the Competition Bureau.
Federal government commits $4.8 million to Knowledge Hub, NACO through Women Entrepreneurship Strategy
The funding is aimed to create educational resources that support women entrepreneurs, investors.
Boosted by $6.8 million in government funding, Volta unveils its new space
Volta chose to scale back its physical premises earlier this year to focus on hybrid startup support.
“We are still waiting”: FinTech leaders urge Liberals to enact much-delayed open banking rules
Open letter comes on the heels of Conservative bill pressuring federal action on open banking.
BDC’s Thrive Lab announces 25 co-investment partners
$35 million envelope will target women-led businesses aligned with United Nations Sustainable Development Goals.
Tax Court disqualifies government loan spending from SR&ED, with potentially devastating implications for Canadian tech
Recent ruling means startups can no longer “double dip” in government assistance.
NGen commits $19 million to 12 new AI manufacturing projects
Industry contributions bring the total value of the projects to $55 million.
Government of Alberta proposes changes to clear path for tech firms to use ‘software engineer’ title
The province’s new bill follows tech sector clash with engineering regulator.
Auditor General to probe SDTC following ISED-commissioned investigation
ISED paused new SDTC funding after third-party report uncovered conflict of interest, governance issues.
BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund
VCs applaud BDC’s commitment to direct seed funding, ask for more emerging manager support.
Canada Growth Fund injection tops Eavor’s Series B at $182 million
The Canada Growth Fund has invested $90 million into Eavor’s funding round.
Hinton, Bengio, among 24 expert signatories with policy-focused AI recommendations in new letter
Signatories include multiple CIFAR chair members behind Canada’s Pan-Canadian AI Strategy.