The Trade Commissioner Service’s revamped Canadian Technology Accelerator Program in the U.S. is winning praise from clean tech startups.
Topic: Venture Capital
artificial intelligence, tech demos, cybersecurity
BDC Capital has launched the $250-million Industrial Innovation Venture Fund to invest in early to late stage tech firms and entrepreneurs accelerating the transformation of core Canadian industries including ag-tech, advanced manufacturing, oil and gas and mining tech. Venture capital veteran Joe Regan joins as the fund’s managing partner. “Industrial sectors tend to be slow…
With the goal becoming a mainstream healthcare company, Smiths Falls, ON-based Canopy Growth Corp. has spun off a new division – Spectrum Therapeutics – to oversee the company’s commercial medical and clinical research operations including Spectrum Cannabis, Canopy Health Innovations, and recently acquired Germany-based C3Cannabinoid Compound Company, which develops cannabinoid-based medical therapies. – Canopy Growth…
Details are beginning to emerge on cuts to R&D in the April 11 Ontario budget: $1 million for the Mowat Centre (closing), the Institute for Competitiveness & Prosperity (closing) and the province’s Health System Research Fund (clawed back). R$ will investigate these and other cuts further. – Mowat Centre Canada and Japan have signed two…
More help for Canadian scaleup companies is coming from the federal Trade Commissioner Service, amid criticism that government isn’t doing enough.
Canada’s innovation ecosystem needs major cultural and structural changes to adequately support mid-tier firms with the potential to be global champions.
The funding represents the largest-ever investment in “direct air capture,” a climate change mitigation technology that captures carbon dioxide directly from the atmosphere.
Canadian oil and gas companies are ramping up investment in artificial intelligence and related digital technologies.
Tech clusters and Canadian cities with top tech markets attract the country’s fastest-scaling tech firms, according to research. But Canadian SMEs continue to face challenges scaling up.