A new CIHR-led opportunity fund will provide up to $6 million in support for Indigenous health and well being; PM Trudeau makes changes to the senior ranks of the public service; Communitech announces True North Strategy to bolster revenue of Canadian startups, and more.
Organization: Startup Genome
Canadian startup ecosystems score highly in global report with two areas for improvement
Canada’s tech startup ecosystems performed well overall in Startup Genome’s annual global startup report, but more work is required on global marketing and early-stage investment, says JF Gauthier, CEO of the Startup Genome innovation policy advisory and research firm based in San Francisco.
The Short Report – Dec. 2, 2020: New investment will speed stem-cell research for Type 1 diabetes, Element AI approves American acquisition, and more
A new cybersecurity program to support research and education in Canada; Montreal’s Element AI acquired by Silicon Valley, and the Centre for Regulatory Innovation brings a whole-of-government approach to innovation and competition.
Canada’s innovation sector secures new federal emergency support for startups
The federal government is providing $1.2 billion in emergency funding to help startups and rural businesses survive the COVID-19 crisis. Participants in Canada’s innovation sector say government could also help by providing tax incentives, matching funding and loans for angel investment.