With new Thrive platform, BDC commits half a billion dollars to invest in Canadian women-led startups and funds
BDC’s Women in Technology fund team has its second fund, lots more capital, and an expanded mandate.
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Protein Industries Canada secures $30 million from Pan-Canadian AI Strategy, launches AI-focused co-investment program
Applications for the new program are open until October 26.
Former Alberta innovation minister Doug Schweitzer joins Deloitte as senior advisor
Tanya Fir was sworn in as Alberta’s new innovation minister in recent weeks.
Open banking working group failing to address critical governance, standards issues
Working group participants call governance the latest open banking battlefront as clock to implement keeps ticking.
Five months in, details on Canada’s new Innovation and Investment Agency remain sparse
What’s the feds’ plan? Only Dan Breznitz seems to know.
CIO Strategy Council wants to establish a national standard for cybersecurity workers
The national standard is meant to lay out core requirements for the qualifications of cybersecurity workers.
Innovacorp venture fund manager Andrew Ray leaves org following announced merger with Nova Scotia Business Inc.
Ray oversaw Innovacorp’s VC activities, served on LeadSift, Swarmio, Proposify boards.
D-Wave, Coveo, Canada Drives among tech companies receiving collective $50 million for Scale AI projects
The projects in this cohort vary from AI integrations in finance to transportation.
The Global Talent Stream needs streamlining
A four to six months wait is not a fast track anywhere.
Federal government invests $11.2 million into 29 companies in television, publishing, video game industries
The financing comes amid debates over Bill C-11, which aims to regulate online content such as streaming platforms, social…
Bank of Canada’s Ron Morrow: FinTechs “need to be ready” for upcoming retail payments regulations
Morrow expects the Bank will begin registering payments service providers in 2024.
Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups
Sandpiper sees “huge … and untapped opportunity” to back more women entrepreneurs amid market downturn.
The Women Entrepreneurship Ecosystem Fund calls for new projects in order to dole out $40 million
The WES Ecosystem Fund has invested $100 million in 52 projects.
Nova Scotia government consolidates Innovacorp, Nova Scotia Business Inc
Nova Scotia says the changes address issues of overlapping mandates, duplicate operations, outdated legislation.
Avatar Innovations receives up to $500,000 investment from OCIF for carbontech accelerator
Avatar Innovations wants to spark innovation in Calgary’s energy sector.