Accelerators and incubators based in Canada that support the development and growth of start-up companies can receive funding from the Industrial Research Assistance Program (IRAP). The Canadian Accelerator and Incubator Program (CAIP) will provide non-repayable funding over a five year… Read more »
IRAP Assists Gener8 With Innovation
Gener8, a technology company based in Vancouver, British Columbia who provides solutions to the entertainment industry, recently received up to $400,000 in funding from the Industrial Research Assistance Program (IRAP). IRAP, administered by the National Research Council (NRC), assists SMEs… Read more »
SemiosBIO Technologies Receives Funding From Investing in Business Innovation (IBI)
SemiosBIO Technologies Inc. a discoverer and developer of pheromone-based pest control solutions recently received up to $474,000 through the Investing in Business Innovation (IBI) fund. The IBI fund assists start-up businesses to accelerate the commercialization of new products, processes, and… Read more »
SR&ED and IRAP Funding Available to Assist Canadian Technology Startups
A recent PwC report found that Canadian start-up companies are looking more into building their business than into Mergers & Acquisition exits. Government funding provides significant assistance for Canadian technology start-ups, with 50% of start-ups surveyed applying for at least… Read more »
IBI Invests in Startups Involved in Innovation
Woodland Biofuels has received a $800,000 loan from Fed Dev through the Investing in Business Innovation (IBI) initiative for the construction of their new efficient biofuel plant. The plant hopes to produce ethanol for half of the cost it takes… Read more »
Spin Master Innovation Fund Assists Young Entrepreneurs
Toronto-based Spin Master, a children’s entertainment giant, partnered with the Business Development Bank of Canada and the Canadian Youth Business Foundation (CYBF) to launch the Spin Master Innovation Fund. This fund provides up to 10 Canadian entrepreneurs, between the ages… Read more »
How to Keep Canadian Startups in Canada
Canada has had a problem developing, incubating, and commercializing the type of products that create new economies and new jobs. According to Richard Remillard, executive director of the Canadian Venture Capital Association, while the Canadian population is 1/10 the size… Read more »
Crowdfunding in Canada
Pebble’s Eric Migicovsky jump-started his company by selling 85,000 pre-sold watches and generating $10 million in advance revenue through Kickstarter. Unfortunately, Kickstarter isn’t readily accessible to Canadian companies. Migicovsky’s initial company was based in Waterloo (part of University of Waterloo’s Velocity… Read more »
Is Entrepreneurship Waning in Canada?
The Globe and Mail recently addressed the fact that in recent years, the relative impact of self-employment across Canada has been waning. Self-employment has always been an important feature of the Canadian economy; the OECD lists Canada as one of the… Read more »