Ontario has announced a life sciences venture capital initiative to provide provincial firms with much-needed capital to grow their business. The Ontario Capital Growth Corporation (OCGC), the agency managing the province’s VC interests, is seeking fund managers who can leverage the province’s $50-million investment.
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Excerpts: Research ecosystem reacts to Budget 2018
The whole ecosystem is patting themselves on the back, confident that their concerted efforts to lobby behind the Naylor report recommendations — foremost of which was an increase in budget – did not fall on deaf ears. RE$EARCH MONEY offers excerpts of what the ecosystem has to say about the federal budget.
Research community feels vindicated by historic science investment
A concerted effort by the research community is being credited with the largest increase in support for fundamental research in history.
Women entrepreneurs not appreciated for their innovation, new study suggests
A new study shows that efforts to innovate by women entrepreneurs are not being recognized because of a dominant focus on technologies. Titled Everywhere, Everyday Innovating – Women Entrepreneurs and Innovation, the report says women in Canada are innovating in all aspects of the business but are hampered by policies and programs that restrict the concept of innovation to technology and goods rather than services.
CSA’s first 100 days reveal overwhelming appetite from government for science advice
The honeymoon is over and the Chief Science Advisor is getting right down to business. But it was a jam-packed 100 days for Dr Mona Nemer, who was appointed last fall as Canada’s first chief science advisor (CSA) 10 years after the previous Conservative government eliminated the position and dismissed her predecessor, Dr Arthur Carty.
Fundamental science, research facilities and innovation share in historic $6.4-billion Budget boost
In what may be well be remembered as Canada’s first truly 21st century research and innovation Budget, the Liberal government has committed to investing more than $6.4 billion in scientific research, technology and business innovation assistance.
High-tech veteran Alan Winter becomes BC’s first innovation commissioner
British Columbia has jumped into the science advice and advocacy arena by appointing a tech industry veteran – Dr. Alan Winter – in hopes of increasing the province’s share of federal innovation funding.
Cautious optimism for government’s new R&D procurement program
Innovative Solutions Canada, a novel new government program that aims to boost R&D support for small and mid-sized enterprises (SMES) is being welcomed by players in the innovation ecosystem as many have long been clamouring for such an initiative.
Unsuccessful supercluster proposals proceeding with partnerships, projects as they seek alternate government funding
The Innovation Supercluster Initiative (ISI) has produced quite a number of unexpected winners, including those who are optimistic that there are other opportunities beyond the $950 million available for the program.
Five supercluster proposals share $950 million in funding
The federal government has selected five supercluster proposals that will share $950 million in funding for the next five years under the Innovation Superclusters Initiative (ISI).

