University of Waterloo VeloCity announces finalists for $100K student start-up award

VeloCity, the University of Waterloo-based campus for entrepreneurially-minded students, has announced that its $100,000 VeloCity Fund Finals will happen on November 28. Ten startups from the University of Waterloo will compete for their share of over $100K in grant funding. Over the month of November, several competitions will decipher which ten startups will get that […]

New Brunswick-Saint John Adds $14M To The Research Innovation Fund

SAINT JOHN, N.B. – A $20 million investment over five years to support research and innovation in New Brunswick was announced today by Post-Secondary Education, Training and Labour Minister Danny Soucy as part of the government’s $80 million innovation strategy

Google acquires U Toronto start-up, DNNresearch

The University of Toronto computer science department confirmed today that Google has acquired one of their startups lead by professor Geoffrey Hinton. DNNresearch Inc. was incorporated in 2012 and includes two of Hinton’s graduate students, Alex Krizhevsky and Ilya Sutskever. The startup focuses on deep neural networks (or “deep learning”) and will assist Google in the realm […]

Innovacorp funds Nova Scotia universities through Early Stage Commercialization Fund

Innovacorp is a Canadian early-stage venter firm that supports Nova Scotia research universities and community colleges through their Early Stage Commercialization Fund. Their investment interests are wide and supported projects can receive up to $50,000 per investment. These monies go to technologies with medium to high technology readiness levels.

Ontario Emerging Technologies Fund incentivizes venture investment in early-stage companies

The Ontario Emerging Technologies Fund supports the collaboration between qualified venture capital funds and other private investors into companies working towards: Clean technologies Digital media and information and communications technologies Life sciences and advanced health technologies This discretionary Ontario government funding program is accepting investments made alongside qualified co-investors. Any companies interested in investment must […]

University Health Network awards investigators CIHR Proof-of-Principle grants

UHN TDC is pleased to announce the funding for two CIHR Proof-of-Principle Phase II projects. This unique CIHR-matched “gap funding” program is targeted towards innovative industry-partnered proof-of-principle research where partnering companies will provide co-investments. UHN was the recipient of two out of the three awards made in this category in the recent winter 2012 funding […]

BC Discovery Fund’s portfolio company, Avigilon Corporation, receives emerging company award

  VANCOUVER, BRITISH COLUMBIA, Jun 20, 2012 (MARKETWIRE via COMTEX) — British Columbia Discovery Fund (VCC) Inc. is very pleased to announce that its portfolio company Avigilon Corporation, a leader in high-definition (HD) and megapixel video surveillance solutions, earned the prestigious “Company of the Year” award at the recent 2012 British Columbia Technology Industry Association (“BCTIA”) […]

Government of Canada announces new innovation money

TORONTO, ONTARIO, May 22, 2012 (MARKETWIRE via COMTEX) — Canadian companies specializing in everything from natural resources to information technology are turning to researchers at local colleges to grow their businesses and create high-quality jobs, because R&D and innovation happen at all levels-from the academic labs all the way to the shop floor.