A group of 25 leaders from the Canadian tech and innovation sectors have launched the Coalition of Innovation Leaders Against Racism (CILAR), which plans to create more opportunities for BIPOC people within the innovation economy.
Person: Yung Wu
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.
Yung Wu
Toronto innovation hub MaRS Discovery District has named Yung Wu as its new CEO effective Nov 1. Wu is a pioneering entrepreneur, serial investor and chairman of NFQ Ventures, a venture capital firm that invests in seed or early-stage funding. Wu will succeed outgoing CEO Ilse Treurnicht, who has been CEO since in 2005. MaRS…