Toronto and Waterloo Region orgs get $34 million in FedDev funding
Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations.
Hub
Clio donates $3 million to create new innovation hub at the University of British Columbia
Space will serve as the formal Vancouver home of Creative Destruction Lab.
MaRS appoints Grace Lee Reynolds as permanent CEO, adds board members
MaRS board member says appointees Helen Angus and Andrew Joyner bring expertise in public-private collaboration.
Atlantic Canada’s startups are finding creative ways to grow
Axtion, Curv Health among those navigating limited access to venture capital in the region.
Federal government provides $3.5 million for DMZ’s new Centre for Housing Innovation
New Toronto accelerator aims to help entrepreneurs develop solutions to housing supply challenges.
Alison Nankivell departs MaRS for Export Development Canada
Nankivell’s tenure on MaRS lasts only nine months, slightly longer than the executive search to hire her.
The year quiet quitting got loud for tech execs
A tidal wave of executive turnover hit Canadian tech in 2024. What can founders learn from the aftermath?
Montréal tech marks year’s successes and struggles at sixth Startup Community Awards
Startups honoured included item-sharing app Partage Club and fundraising platform Zeffy.
Firestarter program goes national with funding from BDC Thrive Lab
Following Atlantic Canada pilot, program supporting women-led startups will host first cohort in early 2025.
Five startups chosen for first round of Québec Tech’s export mission
Stage V initiative aims to propel companies to $10 million ARR in under four years.
Federal government reinvests in Scale-Up Platform with $47.5 million commitment to Invest Ottawa, MaRS, and Communitech
Scale-Up Platform offers regionally tailored programming for entrepreneurs in high-growth sectors.
University of Waterloo’s Velocity moves out of the Garage & into the Arena
Six years in the making, UW’s startup incubator has a new home in the Innovation Arena.
Chris Albinson departs as Communitech CEO but keeps reins of True North Fund
True North Fund announces second close with three unnamed investments to date.
Government-backed Montréal innovation hub Ax-C gets boost from private sector
Launching spring 2025, Ax-C has an additional $5.25 million CAD in support from Bell, Google, Desjardins, and FTQ.
MaRS CEO lays out reset business model as innovation hub makes more cuts
Alison Nankivell targeting 50/50 split between public and private funding “in the next few years.”