IRAP Announces Support for Early Stage Firms

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 »

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 »

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 »