VC investment in Canada hit its second highest level last year, Canada’s annual Gairdner awards announced, Quebec SMEs benefit from a $9 million e-commerce boost, Ontario invests in autonomous vehicles, and more.
Topic: small- and medium-sized enterprises
Barton panel pitches large growth funds, procurement to improve innovation ecosystem
The creation of two large funds aimed at scaling high-growth tech firms is among the recommendations contained in the second wave of reports from the Advisory Council on Economic Growth. The funds would target what the panel describes as bottlenecks in the innovation ecosystem – early- and expansion-stage companies as well as established small- and medium-sized enterprises (SMEs) with high impact potential.