Bioindustrial Innovation Canada (BIC) received $15 million from FedDev Ontario “to promote new sustainable innovations and bring business support to Eastern Ontario in Canada.” Along with partners the St. Lawrence Corridor Economic Development Commission and St. Lawrence College, BIC will establish the Ontario Bioindustrial Innovation Network (OBIN), a hybrid chemistry cluster in Brockville, Ontario. The network aims to…
Organization: Impact Centre
A scaleup by any other name would grow as fast… or would it?
As the discourse around scaleups intensifies, the way we use the term is growing more ambiguous. What do we really mean when we talk about scaleups?
Narwhal List 2018: 2017 a good year as more tech firms on path to become unicorns
According to Narwhal List 2018 of Canadian private companies in technology, 2017 was so successful in attracting VC money that 2018 might see a few “narwhals” possibly maturing to become “unicorns.”
Canadian VC firms can learn from US counterparts to become less risk averse
As the Canadian investment market continues to be conservative in their investment strategies, startups can expect a mix of local and global investors joining forces to fund them.
Report calls for data-driven approach to government investing to grow world-class Canadian firms
A report from the University of Toronto’s Impact Centre is calling for a data-driven approach to maximizing the government’s investments in Canadian firms and growing them to be world-class. The report — Government Venture Capital: Can the Public Sector Pick and Nurture World Class Companies? — says that the strategy for venture capital investments of the Canadian government is not to simply copy what venture capitalists in Silicon Valley are doing.