In July, BDC Capital announced that it is committing $160 million to finance intellectual property (IP) development in Canada with the hopes to fill the gap in capital financing for scaling companies with intangible assets. We spoke with Patrick Latou about what they plan to achieve and why this type of fund is so overdue.
Topic: IP awareness and education
The Short Report, February 19, 2020: A new chemistry cluster in Ontario; Boris Johnson’s brother joins ApplyBoard; selling our AI lunch
Bioindustrial Innovation Canada (BIC) received $15 million from FedDev Ontario “to promote new sustainable innovations and bring business support to Eastern Ontario in Canada.” Along with partners the St. Lawrence Corridor Economic Development Commission and St. Lawrence College, BIC will establish the Ontario Bioindustrial Innovation Network (OBIN), a hybrid chemistry cluster in Brockville, Ontario. The network aims to…
New federal initiatives aim to help entrepreneurs leverage intellectual property
Innovation, Science and Economic Development Canada’s new initiatives on intellectual property aim to help innovators and SMEs make better use of IP.