Topic: Build in Canada Innovation Program

Kraken Robotic pre-qualifies for BCIP

Kraken Robotic Systems Inc., a wholly owned subsidiary of TSX-listed Kraken Robotics Inc., has pre-qualified to the Build in Canada Innovation Program (BCIP) for the company’s ThunderFish 300 Autonomous Underwater Vehicle (AUV). Under BCIP, Kraken can sell its pre-qualified innovations to the federal government as its first reference sale. The company will receive feedback from…

Barton panel pitches large growth funds, procurement to improve innovation ecosystem

The creation of two large funds aimed at scaling high-growth tech firms is among the recommendations contained in the second wave of reports from the Advisory Council on Economic Growth. The funds would target what the panel describes as bottlenecks in the innovation ecosystem – early- and expansion-stage companies as well as established small- and medium-sized enterprises (SMEs) with high impact potential.