Canada lags decades behind the U.K. and U.S. in leveraging venture philanthropy to support early-stage startups through the critical "Valley of Death," says Kyle Briggs , founder and entrepeneur. To stop the leakage of domestic IP and talent, Briggs and colleagues developed the SAIL Fund. They're urging the federal government to co-invest in a national, not-for-profit model that provides the patient capital necessary to commercialize publicly funded research.