Canada’s six regional development agencies will direct federal COVID-19 relief funding to small and mid-sized companies and sectors that fall between the cracks of other relief programs.
Topic: Canada Emergency Business Account
Canada’s innovation sector secures new federal emergency support for startups
The federal government is providing $1.2 billion in emergency funding to help startups and rural businesses survive the COVID-19 crisis. Participants in Canada’s innovation sector say government could also help by providing tax incentives, matching funding and loans for angel investment.
“Tens of thousands” of Canadian SMEs could go under without faster government help, innovation and business groups warn
Some of Canada’s 12,000 Canadian-owned small tech and innovative companies have already folded while others are being bought at fire-sale prices by large U.S. companies. Unless the government takes stronger measures, things will get worse, business leaders say.
Applied PeR$pectives
Building with CCNB-INNOV… Relationships that go a Long Way! CCNB-INNOV, the applied research and development arm of CCNB has adapted its range of services to better meet the unique needs of the regional shipbuilding industry.
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Applied PeR$pectives is a new monthly blog dedicated to highlighting the innovative work being done in the college and institute community. |
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Fast Policy Facts
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December 12, 2018: Requiem for a National Network Program
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