Alberta tech sector pens open letter to provincial government calling for urgent support
A group from Alberta’s technology ecosystem has penned an open letter to the Government of Alberta calling for urgent action…
New investor network ArchAngel launches fund in response to COVID-19
ArchAngel, a new network of investors in Kitchener-Waterloo, has launched an angel-stage fund to support Canada’s “high…
OneEleven announces it is permanently ceasing operations
Toronto-based incubator OneEleven announced on Wednesday that it has permanently ceased operations due to economic impacts…
BDC survey says 90 percent of Canadian entrepreneurs feel negative impact of COVID
A survey conducted by the Business Development Bank of Canada (BDC) has found that while the level of worry around COVID-19…
As applications open, here are the details of the new $250 million COVID-19 IRAP subsidy program
The National Research Council of Canada has opened applications for the Industrial Research Assistance Program (IRAP) COVID-19…
Applications for 75 percent wage subsidy to open April 27
On Tuesday, Prime Minister Justin Trudeau announced that applications for the Canada Emergency Wage Subsidy (CEWS) will open…
Innovate Edmonton loses VP, director of strategy as Edmonton Economic Development Corporation makes COVID-19 layoffs
The Edmonton Economic Development Corporation announced a second round of pandemic-related layoffs last week, citing an “unprecedented…
Shopify Capital launches in Canada to provide small business loans to merchants
Shopify has launched its small business loan fund, Shopify Capital, in Canada. As of Monday, Canadian merchants on Shopify’s…
Minister Bains says retaining top tier tech talent critical to Canada’s economic recovery
The federal government’s Friday morning announcement of $250 million for the Industrial Research Assistance Program (IRAP)…
Cam Linke joins Alberta Machine Intelligence Institute as CEO
Cam Linke has joined the Alberta Machine Intelligence Institute (Amii) as the organization’s new CEO. Amii announced…
Federal government commits $962 million to Regional Development Agencies, Community Futures Network
On Friday, Prime Minister Justin Trudeau announced $962 million in new capital to Regional Development Agencies (RDAs) and…
Federal government commits additional $250 million in IRAP funding to support high growth startups
On Friday, the federal government revealed plans to make an additional $250 million available through the existing Industrial…
MaRS’ Yung Wu: “we have days, not weeks and months” to preserve innovation sector
During a virtual roundtable session hosted by the National Angel Capital Organization (NACO) on Thursday, MaRS CEO Yung Wu…
BDC exploring matching investments for angel-backed startups amid COVID-19
BDC Capital is considering extending its investment matching efforts to include angel investors and angel-backed startups that…
Q4 Inc. secures $25 million CAD from CIBC Innovation Banking
Toronto-based investor relations (IR) software company Q4 Inc. has received a $25 million credit facility from CIBC Innovation…