Some of Canada’s 12,000 Canadian-owned small tech and innovative companies have already folded while others are being bought at fire-sale prices by large U.S. companies. Unless the government takes stronger measures, things will get worse, business leaders say.
Alberta’s two largest cities are teaming up to multiply their tech startups. Through the new innovation corridor, they will coordinate programs and services, collaborate on marketing and policy recommendations, and focus on securing early-stage funding for startups.
Ottawa is a growing international centre for companies providing Internet of Things (IoT) devices and related software. Alberta wants to become the next major tech centre focused on IoT. Here’s how Canadian businesses and innovators are ramping up efforts to make Canada a world leader in IoT technologies and services.
The federal government has shrunk the number of innovation programs it offers, but there’s still ample funding and opportunities available, government officials say.
Spurred by a “culture change,” the federal government has increased collaboration both internally and externally on science, technology and innovation.
Better government policy and sustained financing from Canada’s big banks needed to grow scaleups into global firms.
The inaugural DRIVE conference, to be held February 20-22 in Waterloo, ON, will convene leading thinkers and practitioners from around the world to share best practices and debate strategies for building scaleup ecosystems. We spoke with organizer Raymond Luk about his goals for the conference and how Canada can grow more domestic scaleups.