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.
Topic: Industrial Research Assistance Program
Businesses, innovators aim to make Canada a global leader in Internet of Things
Ottawa is a growing international centre for companies providing Internet of Things (IoT) devices and related software. Alberta wants to become the next major tech centre focused on IoT. Here’s how Canadian businesses and innovators are ramping up efforts to make Canada a world leader in IoT technologies and services.
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.
The Short Report – April 17, 2019: Indigenous innovation, Ontario budget, scaling network
Western Economic Diversification Canada (WD) announced more than $1 million over four years for a new Social Purpose Institute (SPI), launched by United Way of the Lower Mainland. The initiative aims to promote economic growth and social purpose in British Columbia. – Newswire The governments of Canada and Quebec are investing $8.4 million in Uniboard Canada…
NRC president Stewart reappointed for another term
Iain Stewart, the current president of the National Research Council (NRC), has been reappointed for a term of five years. The reappointment – announced by Navdeep Bains, minister for Innovation, Science and Economic Development Canada on June 20 — will allow Stewart to continue to work on the federal agency’s transformation, called the NRC Dialogue,…
NRC president in contention to extend his term and complete organization’s mandate renewal
National Research Council (NRC) president Iain Stewart has notified staff that he has applied to remain at the helm of the organization for another five years, RE$EARCH MONEY has learned.
Innovation stakeholders differ on new IP strategy
The federal government has unveiled details of its eagerly anticipated new intellectual property (IP) strategy to help innovators better protect their intellectual assets, encourage innovation and defend themselves against so-called patent trolls. However, different stakeholders who spoke to RE$EARCH MONEY have different perspectives on what the IP strategy means to the innovation ecosystem, suggesting that one size doesn’t fit all.
National Research Council receives new funding, flexibilities; IRAP boosted to handle larger projects
The National Research Council (NRC) and its Industrial Research Assistance Program (IRAP) will receive $148 million in new funding through the 2018 federal Budget to support a “reimagined” NRC calibrated to deliver on the federal government’s Innovation and Skills Plan.
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.