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: entrepreneurs
Alberta’s innovation community urges UCP government to act on expert panel’s report
More than 550 members of Alberta’s innovation system call on the UCP government to act on an expert panel report to help the province’s struggling tech sector.
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.
Edmonton and Calgary launch “Alberta Innovation Corridor” to grow startups
Alberta’s two largest cities are teaming up to multiply their tech startups. Through the new innovation corridor, they will coordinate programs and services, collaborate on marketing and policy recommendations, and focus on securing early-stage funding for startups.
Fewer federal innovation programs still offer substantial funding, say senior government officials
The federal government has shrunk the number of innovation programs it offers, but there’s still ample funding and opportunities available, government officials say.
Growing scaleups into world champions takes more than money, Canadian entrepreneurs say
Canada’s innovation ecosystem needs major cultural and structural changes to adequately support mid-tier firms with the potential to be global champions.
Canada lacks policy and financing links to grow scaleups into global firms, say stakeholders
Better government policy and sustained financing from Canada’s big banks needed to grow scaleups into global firms.
New innovation centre launched in downtown Calgary
Calgary Technologies Inc. breaks ground on a new innovation centre in the heart of downtown Calgary.
Entrepreneurs and innovators succeed when they work effectively together
There has been a tendency in recent policy papers to argue that a focus on entrepreneurship is the answer to Canada’s weak innovation performance. There is no academic study to back this assertion and if interested parties to pursue this myth, it will inevitably lead to confusion. Not only do entrepreneurship skills not equate to innovator skills, but rather entrepreneurs often rely on innovators to successfully carry out their projects.