Read the news and data that companies need to get funding
Toronto-based Company has raised $1.5M in funding from Connecticut Innovations. Dream Payments enables merchants to sell everywhere using mobile devices.
Funding for the week of Nov. 21, 2016 under Canadian federal and provincial grants and business incentive programs reached $300.2M this week, down from $607.9M last week. Top Sector. Community & Nonprofit is the top sector this week, attracting $129.2M, 43% of total incentives. Top Region. Ontario is the top region this week, securing $180.3M, accounting for 60% of total national disbursements[…]
The Georgian Angel Network is planning on attracting up to 18 new angel investors as members, thanks to $300k in funding received from FedDev Ontario’s Investing in Business Innovation initiative. Quick Facts. The Georgian Angel Network, incorporated in 2009, is a nonprofit angel network that connects investors from the Collingwood, Orangeville, Barrie, Owen Sound and[…]
The federal government’s CanExport Program has hit a milestone this week by funding a total of 500 SME export projects since its launch last January. Quick Facts. CanExport provides financial support of up to $100k per project to help Canadian SMEs develop new international markets. Total disbursements under the program to date have now reached[…]
For the first time ever, the Government of Ontario will allocate $3M of its 2017 Budget to fund ideas from the public, including how to support small businesses and how to invest in community infrastructure projects. Quick Facts. Ontario is currently holding its pre-budget consultations via its Budget Talks online consultation tool. Members of the[…]
QP Briefing. Ontario poised to hand over many millions of dollars’ worth of cap-and-trade credits free of charge
By Geoff Zochodne Ontario is poised to give away millions of dollars – possibly hundreds of millions of dollars – in greenhouse gas pollution permits free of charge in the early stages of its cap-and-trade plan, recently published figures suggest. The Environmental Commisioner of Ontario reported Tuesday the industries that will receive “most” of their cap-and-trade[…]
Toronto-based startup Transpod has raised $15M in seed funding from Angelo Investments. The company is developing a cutting-edge design for a mass transportation system, to reach velocities faster than air travel.
BDC Capital is planning to launch a new $135M venture capital fund to support Canadian energy and cleantech startups with global potential. Quick Facts. BDC Capital Industrial, Clean and Energy Technology (ICE) Venture Fund II will invest in 15 to 20 new high-impact Canadian startups that demonstrate efficiency and strong scalability. Fund II is a follow-on[…]
All data provided by Funding Portal Funding for the week of Nov. 14, 2016 under Canadian federal and provincial grants and business incentive programs reached $607.9M this week, down from $3.3B last week. Top Sector. Community & Nonprofit is the top sector this week, attracting $562.3M, 92% of total incentives. Top Region. Northwest Territories is the top region this week, securing $311.9M,[…]
The Minister of Tourism will very soon release the strategic framework aimed at boosting travel to the province. By Sabrina Nanji Ontario has missed out on a possible $16 billion worth of cash from the tourism industry in part because of red tape and a lack of government strategy. According to a report released Thursday from[…]