Organization: Invest Ottawa

The Short Report, May 6, 2020: AbCellera receives $175.6M for COVID-19 therapies; Canada contributes $850 million to global pandemic response; new “super angel” fund launches; and more

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…

The Short Report, February 12, 2020: Canada takes a step toward joining Horizon Europe; NSERC funding for basic research takes a dive; Google pursues rapid Canadian expansion

Microsoft is partnering with Invest Ottawa and the Bayview Yards business accelerator to offer technical and business resources to entrepreneurs. Called Microsoft for Startups, the program gives innovative Ottawa companies access to its cloud services, enterprise sales team and partner ecosystem. – Ottawa Matters Canada Infrastructure Bank CEO Pierre Lavallée signalled the bank is considering an investment…

The Short Report – April 17, 2019: Indigenous innovation, Ontario budget, scaling network

Western Economic Diversification Canada (WD) announced more than $1 million over four years for a new Social Purpose Institute (SPI), launched by United Way of the Lower Mainland. The initiative aims to promote economic growth and social purpose in British Columbia.  – Newswire The governments of Canada and Quebec are investing $8.4 million in Uniboard Canada…

Michael Tremblay

Michael Tremblay has been appointed president and CEO of Invest Ottawa effective March 2, filling the position that has been vacant for nearly a year following the departure of inaugural president Bruce Lazenby after a five-year term. Tremblay comes to the city’s innovation and economic development agency from Microsoft Canada where he was VP public…

CAIP funds Ottawa area software incubator

Ottawa and Eastern Ontario start-ups in the enterprise software space will have access to accelerator funding and services through L-SPARK, which will receive $3.8 million from the federal Canada Accelerator and Incubator Program (CAIP). The funding must be matched on a 1:1 basis and will flow through Invest Ottawa, which manages the funds on behalf…