The University of Calgary has created Canada’s first pre-seed and seed-stage investment fund for spinoffs focused on child health. The new “UCeed” investment program also includes one of the country’s few private equity funds managed by students.
Some academic researchers are questioning the focus and merits of Ontario’s new IP plan and whether it’s the right policy tool to achieve the province’s economic goals. But the plan’s supporters say it will help generate intellectual property and commercialize research done by post-secondary institutions for the benefit of Ontario’s economy.
The Short Report: Feds invest in mining sector, CSIS warns universities about China, new Supercluster projects, more COVID 19-related support for Indigenous businesses, University of Alberta geologist on Mars mission, and more.
The Natural Sciences and Engineering Research Council has awarded $76 million for 128 new applied research projects at colleges, cégeps and polytechnics. Funded through the tri-agency College and Community Innovation Program and the College-Industry Innovation Fund from the Canada Foundation for Innovation, the investments will connect colleges with local companies, particularly small- and medium-sized enterprises, to collaborate on projects that further…
More than 550 members of Alberta’s innovation system call on the UCP government to act on an expert panel report to help the province’s struggling tech sector.
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…
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.
The Alberta government needs to provide immediate help to high-potential startups in the province struggling with the COVID-19 crisis, say the co-chairs of the Alberta Innovation Corridor.
A PhD student’s novel software is revolutionizing drug discovery and laying the groundwork for a COVID-19 vaccine.
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.