Chris Albinson, the new CEO of Waterloo-based Communitech, says he sees the same process underway in Silicon Valley today that took place in Boston in the late 1990s — and the Waterloo Region is well-placed to become the technology hub to replace it.
Federal Budget 2021 included the government’s largest-ever investments in intellectual property and IP services, underscoring the importance of protecting and leveraging IP for Canada’s economic growth, according to IP experts and heads of innovation groups.
VC investment in Canada hit its second highest level last year, Canada’s annual Gairdner awards announced, Quebec SMEs benefit from a $9 million e-commerce boost, Ontario invests in autonomous vehicles, and more.
The Networks of Centres of Excellence has awarded $80.7 million in funding to five networks – the last cohorts to be renewed as the NCE program begins winding down over the next few years. Three-year renewals were granted to: Aging Gracefully across Environments using Technology to support Wellness, Engagement and Long Life (AGE-WELL) ($22 million);…
Vancouver-based AbCellera Biologics will receive up to $175.6 million from the federal Strategic Innovation Fund to fast-track antibody therapies against COVID-19. The funding will also go to build a first-of-its-kind antibody manufacturing facility over the next four years to help Canada respond to future pandemics. AbCellera has partnered with global biopharmaceutical company Eli Lilly to…
This week, innovation hubs closed their doors and moved programming online, researchers made a critical discovery for the development of a COVID-19 vaccine, and the University of Alberta eliminated 400 positions in response to steep funding cuts from the provincial government.
Canada can build its 5G networks wthout Huawei, but the Chinese telecom giant’s participation would likely improve innovation, price and delivery. A federal decision on Huawei’s potential role is expected soon. Meanwhile, Rogers Communications, which has partnered with Swedish equipment supplier Ericsson, lit up Canada’s first 5G network last week.
Waterloo-based accelerator Communitech has a launched a new service to help scaling tech companies enter new markets more quickly and easily by handling the complexities and headaches of international hiring.
Rogers Communications has partnered with Waterloo accelerator Communitech to open a 5G innovation lab, opening in September and focusing on smart city, IoT and enterprise applications. – Yahoo Finance Saskatoon-based software company Vendasta Technologies Inc. has raised $40-million in venture capital, the largest ever for a Saskatchewan tech company. – The Globe and Mail Ottawa calls it the largest…