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.
Topic: startups
Investment firm offers novel income-sharing approach to funding students’ education
For-profit fund management corporation Lumni offers an alternative to student debt through “income share agreements” for post-secondary students who need financial assistance.
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.
Creative Destruction Lab adds new location at University of Oxford
CDL-Oxford will be the seventh location in the network of seed-stage accelerators first developed at the University of Toronto’s Rotman School of Management in 2012.
New innovation centre launched in downtown Calgary
Calgary Technologies Inc. breaks ground on a new innovation centre in the heart of downtown Calgary.
Lockheed Martin invests US$4M in University of Alberta spinoff company
University of Alberta spinoff firm Forge Hydrocarbons lands US$4-million investment by aerospace giant Lockheed Martin.
Montreal fintech startup Mobeewave raises US$16.5 million
Mobeewave, a Montreal-based fintech startup whose technology enables people to securely accept payments in person using only their smartphones, has raised US$16.5 million in a Series B round of funding led by NewAlpha Asset Management, Mastercard and Forestay Capital. The funding, which included the main founding shareholders of Mobeewave and was secured with support from…
Red River College proceeds with new Innovation Centre
Red River College (RRC) in Manitoba is moving ahead with construction of its new $95-million Innovation Centre in downtown Winnipeg, after confirming that the federal government will provide $40.6 million toward the project. The provincial government is supporting the centre through a loan guarantee to RRC for up to $54.8 million. The Innovation Centre will…
Preeti Malik
Preeti Malik will join TribalScale Venture Studios as executive-in-residence for its financial services program. She will advise and oversee budding startups and eager entrepreneurs on ideation, strategy, development, and growth in the Venture Studios program. Malik served as the Canada National Practice Lead for Risk and Compliance at Accenture. She also assumed senior management roles…
Editorial 32-5
Policy-making in the public sphere is not for everyone. It’s simply not easy to please everybody, especially if there are voters’ opinions to consider. At the end of the day, however, a decision has to be made, favourable or not to the constituents.