Ottawa commits $300 mln to VC funding of Canadian digital companies

The federal government has unveiled a comprehensive new strategy called Digital Canada 150 aimed at allowing Canadians to take full advantage of digital opportunities. As part of the strategy, Industry Canada will through the Business Development Bank of Canada (BDC) provide $300 million in venture capital funding for digital companies. An additional $200 million has been earmarked to support small and medium-sized businesses with their adoption of digital technologies.

7 April 2014•5 mins read
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