Read the news and data that companies and organizations need to ‘get funded’!
Funding for the week of Nov. 13, 2017 under Canadian federal and provincial grants and business incentive programs reached $2.47BM, up from $183.7M during the previous week. Top Sector. Transportation is the top sector this week, attracting $1.72M, 69% of total incentives. Top Region. Ontario is the top region this week, securing $1.57B, accounting for 64% of total national disbursements this week. Top[…]
The Government of Canada has launched a new $155M program to fund cleantech projects in the areas of energy, mining and forestry, helping to reduce greenhouse gas emissions and improve environmental outcomes. Quick Facts. The new Clean Growth Program is the first of its kind to promote and require collaboration with the provinces and territories —[…]
The Canadian International Innovation Program (CIIP) is currently accepting proposals for Canada-Brazil cooperation projects in industrial R&D. Canada – Brazil Collaborative Industrial Research & Development Program 2017 Pilot Call for Proposals This pilot Call for Proposals (CFP) is open to companies from Canada and Brazil who wish to perform joint R&D leading to technology commercialization.[…]
BDC is committing an additional $20M to its Women in Tech investment program for a total envelope of $70M over five years. Quick Facts. $60M will be dedicated to direct investments to support women-led tech firms. Managed by BDC Capital, Women in Tech will invest equity at the seed stage, Series A stage and sometimes at the Series[…]
By Jessica Smith Cross The Ontario government has announced it’s cutting the small business tax rate to 3.5 per cent from 4.5 per cent, prorated as of Jan. 1. Finance Minister Charles Sousa announced the tax change, which amounts a 22 per cent decrease, in the fall economic statement Tuesday. The economic update forecasts Ontario’s[…]
Toronto-based Fortuna has raised $35k in seed funding. Fortuna helps automate your sales cycle; its mission is to help companies grow their business and lead the next-generation of AI-powered productivity tools allowing clients to focus more on the personal, human side of their business.
Toronto-based AdeptMind has raised $5.5M in funding from Fidelity Ventures. AdeptMind is an AI company that innovates in e-commerce search using active learning and deep learning.
Toronto-based Nudge Rewards has raised $5M in Series A funding. The round was led by Generation Ventures with participation from StandUp Ventures, Brightspark Ventures and BDC Capital. Nudge Rewards provides a mobile solution for retail, foodservice, and hospitality brands looking to measurably impact frontline team performance. With an employee app and content management system, brands[…]
Montreal-based SpherePlay has raised $1.26M in funding from BDC Capital and Anges Québec. SpherePlay’s solution is a suite of VR media players that enables broadcasters, publishers and commercial content distributors to integrate virtual reality experiences to their existing media distribution workflow via their own apps and websites.
The Government of Ontario is investing $80M over five years in the Autonomous Vehicle Network in Stratford. This new demonstration zone will allow researchers to hone the technology and test AVs in a variety of real-life traffic scenarios. In addition to the demonstration zone, new funding opportunities will also be made available via AVIN. Quick Facts. Ontario[…]