Read the news and data that companies need to get funding
Toronto-based Bionik has raised $1.95M in VC funding from Ginger Capital Investment Holding. Bionik Laboratories is an innovative medical device and robotics company.
BMO Financial Group and the DMZ at Ryerson University have launched the “DMZ-BMO Fintech Accelerator” program, benefitting Canada’s top financial technology startups. Quick Facts. The goal of the partnership is to foster innovation and growth for fintech startups and identify the ideas BMO can integrate and take to scale quickly. The program will take place at[…]
Alberta is launching two new pilot grants to support post-production and digital media companies. Quick Facts. The $1.5M Interactive Digital Media grant will cover up to 35% of eligible labour expenses for new hires. It is estimated that this grant alone will create more than 60 full-time jobs. The $1.5M Post-production, Digital Animation and Visual Effects[…]
Montreal-based Mylo has raised $750k in seed funding from Ferst Capital Partners. Mylo automagically rounds up every purchase you make and invests the spare change so you can achieve your financial goals.
Funding for the week of May 15, 2017 under Canadian federal and provincial grants and business incentive programs reached $165.5M, down from $209.8M during the previous week. Top Sector. Community & Nonprofit is the top sector this week, attracting $115.3M, 70% of total incentives. Top Region. Ontario is the top province this week, securing $58.1M, accounting for 35% of total[…]
The Government of Ontario is provided $10M in funding through its Early Researcher Awards Program to support 77 projects across the Province. Quick Facts. The 77 research projects will take place at 17 leading institutions. Projects receiving support include: Improving brain flow and function after cardiac arrest; Developing cost-effective ways to recover metals and reduce environmental impacts[…]
The Government of Canada is currently accepting applications under its Environmental Damages Fund. The fund supports projects that seek to redress environmental damage or harm that has already affected a region. Quick Facts. The Government is making funding available for environmental projects in eight provinces and territories across Canada, including: Alberta, B.C., Manitoba, Northwest Territories, Ontario,[…]
By Christopher Reynolds The provincial government is stoking its engines for a high-speed rail project after years of chatter, aiming to finally launch the 250-km/h r line between Toronto and London by 2025, with an extension to Windsor by 2031. Premier Kathleen Wynne announced Friday the government was steaming ahead with preliminary design plans and[…]
Markham-based SkyX has raised $4M in VC funding from Kuang-Chi Science. SkyX builds vertical take-off and landing (VTOL) unmanned aerial vehicles.
The Natural Gas Innovation FundTM (NGIF) is investing $162.9k in iGEN Technologies Inc. to support the testing and demonstration of a self-powered natural gas furnace called the i2 Hybrid Smart Furnace. Quick Facts. The i2 furnace has a unique system that uses natural gas to generate electricity and heat for use in the home. The self-powered i2[…]