The federal government is backing five large venture capital (VC) fund of funds (FoF) to boost the much-needed late-stage capital available to Canadian tech firms.
Topic: Innovation and Skills Plan
Agriculture and Agri-Food Canada recently launched a $25-million, three-year program that aims to fund provinces and territories for clean technology projects that are expected to run from April 1, 2018 to March 31, 2021. Under the Agriculture Clean Technology (ACT) Program, the federal government will provide non-repayable contributions for projects that will help the agricultural…
In what may be well be remembered as Canada’s first truly 21st century research and innovation Budget, the Liberal government has committed to investing more than $6.4 billion in scientific research, technology and business innovation assistance.
The federal government has appointed the chairs of four of the six Economic Strategy Tables that were announced in the last federal Budget as part of its new Innovation and Skills Plan. The industry leaders represent six high-growth sectors singled out by the government as having the best prospects for achieving innovative economic growth and…
The National Angel Capital Organization (NACO) is waiting for a federal policy response to its recommendations to stimulate the investment class as it reports a 15% year-over-year increase of its members’ investment activity for 2016. NACO members comprised of 34 distinct angel groups invested $157.2 million, up from $133.6 million in 2015 when 31 groups reported and the fourth consecutive year of increases.
The rank and file at the National Research Council will have their voices heard at the federal Cabinet table this spring following an internal consultation that identified ways in which the agency can best support Canada’s innovation priorities.
Opinion is decidedly split on the federal government’s delivery of its promised innovation Budget. The March 22 budgetary planning document contains a wide range of measures related to skills, company financing, program consolidation and clean technology.