The Hamilton life sciences ecosystem, led by Innovation Factory, offers a robust platform for entrepreneurs to launch and expand their businesses, particularly in the health sector. Through initiatives such as the HEALTHI (Hamilton Ecosystem to Accelerate and Leverage Trials of…
The article "My First: What Blade Air learned from its initial fundraise" on MaRS Discovery District details the experiences and insights of Blade Air, a startup focused on enhancing air transportation. The piece highlights the lessons the company learned during…
Spark Centre Announces Leadership Transition: Sherry Colbourne Steps Down as CEO Spark Centre, based in Durham Region, Ontario, has announced that Sherry Colbourne will step down as President and CEO effective January 31, 2025. Colbourne has been at the helm…
Monerus took home the $20,000 grand prize at WETechAlliance’s ScaleUP Showcase & Pitch Competition, marking a significant milestone for the eighth cohort of the ScaleUP Accelerator. This event showcased five high-growth companies from varied sectors, and it served as…
International Women’s Day (IWD), celebrated annually on March 8, is a day to honor the achievements of women worldwide in social, cultural, economic, and political spheres. It serves as an opportunity for reflection, advocacy, and support for gender equality. As…
In recent news, several innovative startups in Canada are making strides in various sectors, leveraging funding to expand their reach and improve their offerings. Vessl Prosthetics, co-founded by Sydney Robinson and Oleksiy Zaik, has garnered significant attention after securing an…
Reya Health, a Canadian company, has launched a new app focused on providing education and support for birth control, specifically tailored for individuals with ovaries. The app seeks to address the information gap surrounding contraceptive options by guiding users toward…
February is recognized as #BlackHistoryMonth, a dedicated time to honor the invaluable contributions and cultural heritage of Black Canadians and their communities. This month serves not only as a celebration of achievements but also as a moment for reflection on…
In a recent conversation between Glenn Nishimura and Hessie Jones, the state of startups in 2023 and future outlook for 2025 were examined, especially regarding the implications for company culture and employee dynamics. Glenn, with a wealth of experience in…
On February 6, 2025, interVal, a prominent software provider catering to wealth firms, accounting firms, and financial institutions, announced an upgrade to its “Business Reports” feature. This enhancement is specifically designed for advisors who serve small and medium-sized business (SMB)…
The content discusses various pathways to permanent residence (PR) in Canada for temporary foreign workers, particularly focusing on work permits and the processes involved. Temporary work permits, such as post-graduation work permits (PGWP), LMIA-based permits, and others, allow foreign nationals…
On February 4, 2025, Life Sciences Ontario (LSO) announced that Alex Muggah, the Vice President of Life Sciences at Innovation Factory and Director of the Synapse Life Science Consortium, was awarded the 2025 LSO Community Impact Award. This award acknowledges…
TechAlliance, the innovation hub in Southwestern Ontario that promotes growth for startups and technology companies, has appointed Jennifer Matthews as its new Vice President. Matthews comes with a rich background that intersects arts, culture, and business operations, making her a…
On February 4, 2025, Innovation Factory announced the appointment of Stephanie Holko as the Director of Strategic Partnerships and Growth. This strategic hire exemplifies Innovation Factory's ongoing growth and reaffirmation of its commitment to building a vibrant innovation ecosystem in…
A strong pitch is crucial for startups seeking to attract interest and secure funding from potential investors. According to Jody Yvonne, a communication specialist and founder of SAY Strategies, many startups falter due to common pitfalls in their presentations. One…
The recent pause on proposed U.S. tariffs on Canadian goods provides a vital window for the startup community, as the repercussions could include significant economic turmoil. Economists from RBC caution that these tariffs—the potential for a 25 percent levy on…
The interplay of trust and care significantly influences healthcare experiences, particularly for marginalized communities. This dynamic is exemplified in the case of six-year-old Moses, who was hospitalized at Toronto's SickKids for a vaso-occlusive crisis due to sickle cell disease, a…
February 2025 presents an exciting opportunity for job seekers in Ottawa, particularly in the tech sector, as numerous global companies are actively recruiting. The month is also bustling with winter festivities such as Winterlude and skating on the Rideau Canal,…
ventureLAB, based in Markham, Ontario, has appointed Nima Khadem Mohtaram as Head of MedTech Initiatives, a strategic move aimed at fostering a robust environment for hardware-based medical technology startups. This appointment aligns with ventureLAB's commitment to improving Canada's position in…
The Canadian federal government has announced a delay in the implementation of the proposed increase to the capital gains inclusion rate, shifting the proposed date from June 25, 2024, to January 1, 2026. This significant change was revealed today by…
February is recognized as #BlackHistoryMonth, a time to honor the significant contributions and rich heritage of Black Canadians and their communities. This month serves as an opportunity to reflect on the essential roles Black Canadians have played in shaping the…
In today's rapidly evolving business environment, mentorship emerges as a pivotal factor for success, particularly during National Mentorship Month in January. Christy Pettit, CEO of Pollinate Networks Inc., a Canadian organization known for its innovative Cross-Pollinate AI technology, emphasizes the…
Enhanced Medical Nutrition, Inc. (EMN), a Toronto-based food-as-medicine company, recently announced a successful $5 million over-subscribed Series A financing round aimed at scaling its innovative medical nutrition product, ENROUTE®. This funding, led by dsm-firmenich Venturing and Ajinomoto Co., Inc., with…
Press Release Summary: Launch of myStoria Fertility Care Platform On January 15, 2025, myStoria, a pioneering platform aimed at revolutionizing fertility care, officially launched in Toronto. The platform seeks to empower individuals who are navigating the often-complicated landscape of fertility…
On January 29, 2025, Innovation Factory announced the selection of 10 companies for the latest cohort of its Runway program, contributing significantly to the development of Canada’s tech ecosystem and attracting global talent. Launched in 2021, the Runway program aims…
Waterloo-based VueReal has successfully raised US$40.5 million in a Series C funding round with plans to scale up its production capabilities and broaden its global ecosystem. Specializing in nanotechnology, the company aims to enhance the manufacturing process for microLED displays…
Concerns about the adverse health effects of pollutants such as particulate matter, nitrogen oxide, sulfur dioxide, ethylene oxide, and benzene are increasing. Exposure to these contaminants can worsen respiratory conditions like asthma and chronic obstructive pulmonary disease and also contribute…
The dilemma faced by a tech startup co-founder regarding an undermining partner highlights a common challenge among business leaders. After early successes, divergent visions for the company have led to conflict between the co-founders, primarily manifesting in board meetings. The…
In 2024, the tech sector is grappling with significant challenges, including widespread layoffs, rising inflation, and a dampening investment climate. These issues are compounded by forecasts from Export Development Canada predicting only modest global growth of 3% by 2025, with…
In a recent discussion between Hessie Jones, David Danks, and Zhuo Li, they explored the rapid evolution of generative AI technologies, highlighting significant shifts in how we understand artificial intelligence. This “paradigm shift,” mainly accelerated by models like ChatGPT, has…
The Altitude Accelerator Award for Board Excellence is presented to Patrick McGuire, recognizing his exceptional contributions to governance and board leadership in fostering success within the innovation ecosystem. McGuire has been an integral member of the Altitude Accelerator Board since…
The Communitech Startup Bootcamp Showcase, held on January 22, 2024, at the Communitech Hub, marked a celebratory evening filled with inspiration and exciting entrepreneurial pitches from 16 founders. Each founder had three minutes to present their innovative solutions to a…
On January 22, 2025, FUNDING matters® Inc. announced a groundbreaking partnership to develop an innovative donor engagement platform aimed at reshaping the philanthropic landscape. This platform merges the company's renowned Giftabulator® donation calculator, known for its tax-efficient donation strategies, with…
In a recent episode of the "Solve for X" podcast, Geoffrey von Maltzahn, general partner at Flagship Pioneering and a leader in generative biology, discussed the transformative potential of artificial intelligence (AI) in the realm of human biology and drug…
The Life Sciences Scale-Up Fund (LSSUF) is an initiative aimed at providing financial support to small and medium-sized enterprises (SMEs) within the life sciences sector in Ontario. The primary goal of the fund is to assist these companies in scaling…
In Canada, primary care providers are grappling with heightened burnout levels, exacerbated by administrative overload, which is leading many to consider leaving their practices. Mahshid Yassaei, concerned by the alarming amount of time healthcare workers spent on data entry—up to…
In the fast-paced world of professional aspirations, achieving goals while maintaining a work-life balance is a common struggle. As the year progresses and to-do lists grow, experts from the innovation community share essential strategies for enhancing productivity without succumbing to…
In the January 2025 edition of Ottawa Business Success Snapshots, three companies from Ottawa are highlighted for their innovation and growth in the business landscape: Esprit-ai, OMG Social Media Agency, and Signiant. Esprit-ai has recently launched an innovative pilot project…
When Canadian startups contemplate international expansion, one critical aspect they must consider is transfer pricing—the pricing of goods, services, or intellectual property exchanged within a multinational enterprise (MNE). As businesses broaden their reach, comprehending transfer pricing becomes essential, particularly in…
Winter ushers in shorter days, colder temperatures, and a lack of sunlight, often contributing to seasonal mood struggles and heightened experiences of depression. One day in particular, known as Blue Monday, has been labeled “the most depressing day of the…
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