Canadian entrepreneurs get new incentives, but what about their employees (and investors)?
Plus: Paper cuts, Radical raises, and ezBtc caught gambling.
govt
Svante gets $137-million CAD commitment from Canada Growth Fund
The funding will be used to support the development of Svante’s carbon capture and removal projects.
Feds inject $39.2 million into digital literacy program CanCode with renewed focus on AI
CanCode phase four aims to teach digital and AI skills to 1.5 million students and 100,000 teachers.
IRCC takes over sole administration of Start-up Visa Program from NACO, CVCA
IRCC chooses not to renew contracts with industry associations responsible for vetting SUV delivery organizations.
NGen invests $21.4 million across quantum, space, and EV manufacturing projects
Nord Quantique, Mission Control, among project partners supported by the federally backed innovation cluster.
Feds reveal new changes to Canadian Entrepreneurs’ Incentive as part of capital gains tax overhaul
Government proposes to cut the incentive’s rollout period in half.
Justice Department involved following Invest Nova Scotia employee email scam
Phisher impersonating Sandpiper Ventures received $573,000.
Ottawa announces second tranche of VCCI funding to support underrepresented entrepreneurs
An additional five VCs from Vancouver, Toronto, and Montréal will receive portions of the $25 million commitment.
BC’s Centre for Innovation and Clean Energy invests $7.6 million across nine companies following call for innovation
Selected companies tackle energy storage, carbon management, alternative fuels, and low-carbon hydrogen.
Ocean Startup Project enters third phase with $8 million and economic growth goals
Canada’s Ocean Supercluster wants to grow the nation’s ocean economy by a factor of five by 2035.
Feds, BC invest nearly $73 million into Aspect Biosystems to establish biomanufacturing facility
The clinical facility aims to be the first dedicated to producing bioprinted tissue therapeutics in Canada.
Startup Montréal touts international vision with rebrand to Québec Tech
Québec Tech has received $7 million CAD from the Québec government to help startups scale internationally.
Federal government invests in seven hydrogen-focused cleantech projects in Alberta
Aurora Hydrogen, Quantiam Technologies, Innova Hydrogen receive a collective $5 million.
Economic development agencies dole out $30 million to AgTech, AI, EV development
Wyvern, Pure Life Carbon, and Aethon Aerial Solutions among those supported by latest PrairiesCan, FedDev funding.
ISED invests $120 million to build out CMC Microsystems’ semiconductor network
The FABrIC network looks to provide resources to foster semiconductor innovation in Canada.