Three provinces – Ontario, British Columbia and Quebec – are among North America’s 10 most competitive and innovation-ready subnational jurisdictions, according to a new report from a U.S. think-tank.
Organization: Uber
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 – June 16, 2021: Major science bill passes US Senate, Canada’s tri-agencies launch research data management policy, and more
A massive science bill in the US could double the National Science Foundation’s budget over the next five years; Canada’s federal funding agencies prioritize research data management with a new policy, Agriculture and Agri-Food Canada launches a new $165.7-million clean tech program, and more.
New US$100-million investment fund aims to help startups in Canada and India
Toronto-based digital accelerator Bay Street Diary and India Network have teamed up to establish a US$100-million venture capital fund for entrepreneurs and startups in Canada and India.
By the Numbers: Changing tides for Canada’s lagging position in electric vehicle production
Last week, the governments of Canada and Ontario together pledged up to $500 million to enable Ford to build electric vehicles at the carmaker’s plant in Oakville. The investment comes just in time for Canada’s auto industry, which has lagged to 12th place internationally in EV production.
LG Electronics launches new AI Lab in Toronto
Korean tech giant, LG Electronics Inc. (LG) is launching the “LG Electronics AI Research Lab”, an extension of LG’s existing AI Research Lab in Silicon Valley, at the Univ of Toronto. The new facility is the latest LG AI lab, joining existing labs in South Korea, India, and Russia, as a part of LG’s growing…
Research Money ≠ Research Effort
Expenditure-based measures have been the most successful and best used indicator of innovation to date because the data can be collected with minimal effort and maximum accuracy (not perfect) and interpreted without huge complexities.
Microsoft Ventures invests in Montreal AI expertise
Microsoft Venture‘s new start-up fund has made its first investment in Element AI, a Montreal-based artificial intelligence start-up affiliated with researchers at McGill Univ, Univ of Montreal and Univ of Toronto. Founded by Dr Yoshua Bengio and serial entrepreneurs Jean-François Gagné and Nicolas Chapados, Element AI will use the undisclosed Microsoft investment to achieve scale…