Invest Ontario appoints CEO as InBC bolsters team with Telus exec
Ontario and British Columbia are building their respective agencies to foster local innovation.
Govt
Canada commits $240 million to bolster domestic semiconductor ecosystem
The financing will fuel a new semiconductor fund and updates to the CPFC fab.
BC’s budget strong on cleantech; Alberta positions itself as major tech hub
BC announces $654 million for cleantech, while Alberta promises $73 million for innovation.
Pulse Industrial secures $3.5 million from SDTC to improve safety in industrial plants
Pulse Industrial is one of 16 companies sharing $52.3 million from SDTC.
Following recent merger, Startup Montréal announces program to spur late-stage growth
The Government of Québec has committed $6.5 million to the program.
Wyvern secures $4 million from SDTC to use satellite tech for farming
Wyvern previously raised $4.5 million in pre-seed, seed funding.
Gatineau-based Cilex granted $230,000 from federal government to enhance tech incubation services
Cilex will create new incubation, acceleration services for cybersecurity.
EDC makes COVID-19 investment matching program permanent, expands eligibility
Since 2020, the program has invested a total of $223 million in 84 Canadian companies.
IBM partners with Québec government to open new accelerator program
Program focuses on quantum, AI, semiconductors, and high-performance computing.
What stopped The Canadian Shield from supplying the PPE and rapid tests Canada needs?
China, middle-men, and government bureaucracy.
Mila, Vector Institute announce, extend partnerships with Canadian banks
Both work with CIFAR as part of the Pan-Canadian AI Strategy.
Agtech Accelerator, Volta receive new funding from federal government
The two innovation hubs received a cumulative $1.3 million in total funding.
MaRS launches new $100 million Graphite IAF fund
New fund backed by OMERS, Province of Ontario.
VentureLab receives $1.5 million from municipal government to expand hardware, semiconductor incubator
VentureLab hopes to attract international semiconductor companies to York Region.
New Brunswick Innovation Foundation launches AI fund with support from feds
The fund seeks to accelerate AI research and adoption in New Brunswick.