Major tech sectors in cities and provinces across the country saw growth in venture capital investment in the first quarter of this year, but all the sectors face challenges attracting and retaining a workforce given the global competition for tech talent.
Organization: Alberta Enterprise Corp
The Short Report – July 29, 2020: Facebook Canada moves against online hate, Alberta rediscovers R&D grants, and more
FedDev Ontario will give $4.8 million to Trent University to create the Trent Enterprise Centre (TEC) in its upcoming Cleantech Commons; less than a year after slashing R&D tax credits and grants, Alberta’s United Conservative Party government has reversed course; Gerald Butts helps Eurasia Group with global climate policy, sustainable finance, and artificial intelligence; and more.
Alberta Enterprise invests $10 million in angel fund
Alberta Enterprise Corp has announced a $10-million investment in Accelerate Fund II, an angel co-investment fund targeting early-stage tech firms in the province’s information and communication technology, life sciences, clean and energy technology, agriculture and biotech sectors. The fund will be managed by Yaletown Partners with offices in Vancouver and Calgary while A-100 will operate…
Surface Medical receives angel investment
Calgary based Surface Medical Inc has received a new round of financing through The Accelerate Fund, a co-investment fund between AVAC Ltd and local angel investors. Surface Medical has developed CleanPatch — a medical surface repair kit for hospital beds and stretchers — to combat healthcare-associated infections — which cost $48 billion and cause 100,000…