NPower Canada bags $4 million to prime underrepresented youth for the tech sector
Tech training programs run by Digital, NPower, Microsoft, and CIBC will introduce upskilling in cybersecurity and AI.
Impact
QueerTech among 17 organizations selected by feds to deliver $8-million 2SLGBTQI+ Ecosystem Fund
“Who you are and whom you love shouldn’t hurt your business,” says small business minister.
Benevity appoints MeridianLink president Christopher Maloof as CEO Kelly Schmitt steps down
The charitable donation software platform sought Maloof’s experience in strategic acquisitions and IPO.
New School Foods lands big fish as IKEA joins returning investors in $8-million CAD seed extension
Startup plans to bring plant-based salmon alternative to US, Canadian markets.
Social Finance Fund-backed Boann reveals first investments in Canadian impact funds
Portfolio includes Active Impact, BKR, Cycle H2O, InvestEco, Raven, Renewal, Sandpiper, Spring, The51.
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.
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.
Claudette McGowan closes $10-million Series A for cybersecurity startup Protexxa
Startup claims round is the largest secured by a Black woman founder in Canada.
The Firehood, Pond-Deshpande Centre launch program to support Atlantic Canada women, non-binary founders
firestarter will send 10 companies to participate in Elevate Festival this fall.
Pay gap between men and women in tech tripled over five-year period
New report underlines the growing pay disparity among different minority groups.
BDC earmarks $250 million CAD to support underserved entrepreneurs
Commitment includes two $100-million CAD platforms to support Indigenous, Black-led businesses.
Raven Indigenous Outcomes Funds completes $20.4-million first close
New fund will invest in projects solving pressing challenges for Indigenous communities.
Propel unveils new Validation cohort of early-stage founders in Atlantic Canada
Meanwhile, Halifax accelerator Tribe is seeking Black early-stage founders for its START program.
BC’s Centre for Innovation and Clean Energy opens $3-million call for wildfire management tech solutions
The non-dilutive funding will support technology aimed at helping communities adapt to, prevent, and mitigate the impact of…