Canadian FACIT supports cancer research translation and invests in three talented Ontario start-ups

By | July 14th, 2017|Canada, New Investments/Awards, State or Government|

FACIT has announced the first three investments under its new Prospects Oncology Fund for proof-of-concept development of breakthrough cancer technologies.  Ontario start-ups Radialis Medical of Thunder Bay, KA Imaging of Kitchener, and DNAstack of Toronto are the first to receive capital from this new fund, illustrating the strength and breadth of the […]

Ottawa announces $1.2 billion Strategic Innovation Fund 

By | July 7th, 2017|Canada, State or Government|

Ottawa is launching a new $1.26 billion Strategic Innovation Fund that’s available across all sectors, Innovation, Science and Economic Development Minister Navdeep Bains announced today in Hamilton, Ont.

The fund is intended to support four types of innovation activities, according to a government news release. Those are organized into four different streams:

  • research, development, and commercialization […]

Zone Startups India floats early-stage VC fund to back tech startups, backed by Ryerson University

By | June 20th, 2017|*Fund Types, Canada, India, Venture Fund|

Mumbai-based technology startup accelerator Zone Startups India has launched an early-stage venture capital fund to back software startups with a focus on mobile technology and enterprise tech.

Christened as Zone Startups India Fund, the fund is backed by Toronto-based startup accelerator Ryerson Futures, the investment arm of Ryerson University and the Chokhani family office.

Citing Ajay Ramasubramaniam, […]

Simon Fraser University receives $1 million from Coast Capital Savings for student program

By | May 15th, 2017|Canada|

Simon Fraser University has received a $1 million gift from Coast Capital Savings to help fund Western Canada’s first university business “student incubator” over the next five years.

Don Coulter, president and CEO of the 1,650-employee Surrey-based credit union, said he was extremely proud” to announce to fund the SFU Venture Connection over the next five […]

ScaleUP Ventures closer to $75 million fund target after $25 million boost from Ontario government

By | March 22nd, 2017|Canada, State or Government|

Toronto-based ScaleUP Ventures (SUV) announced today a second close of $32.25 million for its ScaleUP Ventures Fund, which now has over $70 million in committed capital. The funding was led by $25 million from the Province of Ontario, via the Ministry of Research, Innovation and Science.

“We need to continue to strengthen Ontario’s innovation ecosystems and […]

Canada Foundation for $1.3M in innovation funds five new leadership awards at UCalgary 

By | March 2nd, 2017|Canada, Translational Research|

Five University of Calgary researchers have been awarded Canada Foundation for Innovation John R. Evans Leaders Fund (JELF) awards, valued at over $1.3 million. Announced today by the Honourable Kirsty Duncan, Minister of Science, the awards will support research in the Cumming School of Medicine, the faculties of Kinesiology […]

QD Solar, incorporated by MaRS Innovation and the University of Toronto, secures over $10M for the development of transformational Solar Energy Technologies

By | February 15th, 2017|Canada, New Investments/Awards, Venture Capital|

QD Solar, a Canadian technology company created […]

Ontario’s New William G. Davis Innovation Fund encourages college students to pitch creative projects

By | February 3rd, 2017|Canada, Student Funds|

To help mark the Ontario colleges’ 50th anniversary celebrations in 2017, colleges have launched a new William G. Davis Innovation Fund contest that encourages students and alumni to pitch creative projects and initiatives that will compete for cash prizes.

The fund has been named after former premier William G. Davis, who served as

$20-Million Fund Will Support Innovation at Ontario’s Colleges

By | January 25th, 2017|Canada, New Fund Announcement, State or Government|

The new $20-million Colleges Applied Research and Development Fund (CARDF) announced by Premier Kathleen Wynne will promote new economic growth, the Ontario Centres of Excellence and Colleges Ontario said today.

“College-based applied research projects continue to develop innovations that help businesses throughout the province grow and create new, high-quality jobs,” said Linda Franklin, […]

Two entrepreneur alumni donate $1 million each to UBC seed fund

By | November 28th, 2016|Canada, Foundation-support, Startup Fund|

Greg Peet, a technology entrepreneur who attended UBC’s Sauder School of Business, and Glenn Walsh, who founded the mining construction company Tercon Group and is an alumnus of the faculty of applied science, donated the money to a seed fund run by entrepreneurship@UBC.

The fund, known as e@UBC, “provides startup programs, industry mentorship, office and maker […]