Nine University of Toronto researchers receive $800K in Connaught funding
Researchers at the University of Toronto are receiving over $800,000 from the Connaught Fund, a research funding source unique to the U of T. The funding comes from two Connaught programs. The Connaught Innovation Award accelerates the development of promising technologies and promotes knowledge transfer arising from the U of T. The Connaught Summer Institute brings together […]
University of Waterloo entrepreneurs pitch for $125K in seed money at Velocity Fund Finals
The University of Waterloo will host the Velocity Fund Finals this week which provides the opportunity for student entrepreneurs and alumni to pitch their innovative ideas for the chance to win some cash. Mike Kirkup with Velocity tells us ten companies will compete for four prizes of $25,000, and another 10 startups will compete for one […]
Université de Sherbrooke receives $33.5M from the Canada First Research Excellence Fund
Université de Sherbrooke today launched an ambitious project which reaffirms its position as a world leader in large research partnerships. A project that will undoubtedly be one of the great industrial revolutions of the 21st Century: From Quantum Science to Quantum Technologies. To propel this initiative, the Government of Canada has awarded a remarkable investment […]
Ontario Investing in Health Innovation and Research
The Ontario Health Innovation Council (OHIC) was established by the Ontario government in November 2013. It included experts from the health care, research, industry, and not-for-profit sectors who looked at ways to accelerate the adoption of new technologies in the health care system and support the growth and competitiveness of Ontario’s health technology sector. The […]
Province of Ontario invests in Ryerson University through Social Enterprise Demonstration Fund
Premier Kathleen Wynne today announced that the Province of Ontario is investing in Ryerson University through the Social Enterprise Demonstration Fund (SEDF). The university will receive $500,000 to create and deliver an accelerator program to support Greater Toronto Area social entrepreneurs and their early-stage social ventures. The 11 organizations receiving funding by the SEDF will […]
Canadian Federal government announces $16.5M Research Support Fund
A new Government of Canada initiative will provide $16.5 million to further the University of Alberta’s “world-class” innovation and research. Minister of State (Science and Technology) Ed Holder announced on Jan. 19 that the $16.5 million will stem from the Research Support Fund, which will distribute $342 million across Canadian post-secondary institutions over the next […]
Fund helps startups find foreign investors
Companies trying to move from the research stage to getting a product to market face a number of challenges, including finding financing for the product or service. Western Canadian research parks, including Innovation Place in Saskatoon, are getting a boost at finding foreign direct investment in their research through a $125,000 fund by the Western […]
Canadian CTI Life Sciences successfully raises new C$ 134 Million venture capital fund
MONTREAL, Jan. 15, 2015 /PRNewswire/ – CTI Life Sciences announced today the first closing of its second venture capital fund (“CTI II”), with C$134 million of capital now available for investment. The new fund includes reaffirmed support from CTI’s existing Québec institutional investors along with new investors Teralys Capital and BDC Capital via the Government of Canada’s Venture Capital Action Plan (VCAP). Montréal-based […]
Ryerson University/Ryerson Futures Inc. invest up to $80K in deals
The Seed Fund investments may be up to $80,000 including a convertible note plus founders equity stake which depends on the stage of the business. RFI also attracts other non-dilutive funding sources. Initial investors are Relay Ventures and other high net worth individuals. The Fund is set up as a corporation owned by the investors. […]
entrepreneurship@UBC Seed Fund Advances University Startups Success
entrepreneurship@UBC announced today that its seed fund has made nine investments, each ranging between $25,000 and $200,000, in several different venture teams, who have subsequently raised an additional $11 million of outside funding. The e@UBC Seed Fund investments include: Aspect Biosystems Ltd., Clinicbook, ELIX Wireless, Encepta Corp., Kairama Inc., Target Tape Inc., and Terramera Inc. […]