Calgary demonstrates the “Rise of the Rest” principle, says Terry Rock, president and CEO of Platform Calgary, who points to the pay off from big investments in start-up ecosystems outside of the known global tech hubs.
Organization: Alberta Enterprise Corporation
The Short Report – September 14th, 2022: York U. leads global team on infectious diseases; new fellows elected to the RSC; fintech funding falls in 2022, and more.
A Global South Network headed by York University to tackle infectious diseases; the Royal Society of Canada elects new fellows and members, KPMG reports substantial drop in Canada’s fintech sector, and more.
Alberta innovation strategy aims to strengthen tech sector, attract capital and diversify economy
The Alberta government’s new innovation strategy is eying emerging tech sectors like AI and quantum to diversify the province’s economy and fuel its post-pandemic recovery.
The Short Report – June 23, 2021: Construction finishes on Biologic’s vaccine plant, a new interdisciplinary school of health at Concordia, quantum research funding in Quebec and more
Minister Champagne announces construction of NRC’s vaccine plant in Montreal is complete, Concordia gets go-ahead for a new school of interdisciplinary health, NISC receives quantum research funding to improve online communication security, and more.
MaRS innovation hub hits pause on plan to expand to Calgary
The Toronto-based MaRS Discovery District innovation hub has hit the “pause button” on expanding to Calgary after more than a year of discussions with the University of Calgary and other players in Calgary’s innovation ecosystem. However, MaRS says it will continue working with and supporting Alberta companies during the scale-up stage from its Toronto base.
Alberta agri-food sector gets a boost with launch of new research and innovation network
A new $108.5-million technology and agri-food research and innovation network, supported by the federal government and industry, is expected to begin operations by the end of this month. Alberta Innovates’ Inventures conference also highlighted a new $40 funding challenge from Emissions Reduction Alberta to accelerate technology innovation in agriculture, agri-food and forestry.
Alberta corporation to invest in VC to seed startups
Alberta Enterprise Corporation, the provincial government’s independent fund of funds manager, has invested $5 million in Panache Ventures’ new Canadian seed fund. This investment comes after Panache Ventures recently closed up to $25 million in deals, and the company is keen to support more seed-stage startups across Canada. Panache Ventures is led by former startup…