Topic: Innovation and Skills Plan

Feds name first set of VCCI investments

The federal government is backing five large venture capital (VC) fund of funds (FoF) to boost the much-needed late-stage capital available to Canadian tech firms.

$25M in federal funding available to provinces, territories for clean tech

Agriculture and Agri-Food Canada recently launched a $25-million, three-year program that aims to fund provinces and territories for clean technology projects that are expected to run from April 1, 2018 to March 31, 2021. Under the Agriculture Clean Technology (ACT) Program, the federal government will provide non-repayable contributions for projects that will help the agricultural…

Feds announce chairs of Economic Strategy Tables

The federal government has appointed the chairs of four of the six Economic Strategy Tables that were announced in the last federal Budget as part of its new Innovation and Skills Plan. The industry leaders represent six high-growth sectors singled out by the government as having the best prospects for achieving innovative economic growth and…

Angel investment growth continues in 2016 but policy concerns remain unaddressed

The National Angel Capital Organization (NACO) is waiting for a federal policy response to its recommendations to stimulate the investment class as it reports a 15% year-over-year increase of its members’ investment activity for 2016. NACO members comprised of 34 distinct angel groups invested $157.2 million, up from $133.6 million in 2015 when 31 groups reported and the fourth consecutive year of increases.