Archive | June 17, 2009

Lead to Win Reception

June 17, 2009 by Brian Hurley 0 Comments

Lead to Win held a reception on Monday evening for participants and supporters.   Special guests included the Mayor of Gatineau and the acting Mayor of Ottawa.  Both expressed their support for the Lead to Win program and new businesses the participants are hoping to launch.

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Mayor of Gatineau, Marc Bureau

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Acting Mayor of Ottawa, Michel Bellemare

Participants at the reception commented on the strong and growing support from the community for the Lead to Win program.

Past Lead to Win Alumnus David Vicary, CEO of Weyes Eyes and past CEO and founder of Nakina Systems announced that he had secured seed funding for Weyes Eyes, his second start-up venture.  For more on this, please read the related Ottawa Business Journal article.

David Vicary, CEO Weyes Eyes

David Vicary, CEO Weyes Eyes

Photos from the event are available online.

The reception was hosted by Développement économique – CLD Gatineau (DE – CLDG).

Best practices, Business, business incubators, Canada, Commercialization, Computing, Creative Class, Economy, Ecosystems, Entreprenuerism, General Interest, Government, Government Policy, Innovation, Innovation Hub, Jobs, Microbusiness, Ontario, Opportunities, Ottawa, Ottawa Start-ups, Regional Economic Development, Talent First Network, Technology, Trends, Unemployment, Universities
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BDC Gas Tank is Filled Up!

June 17, 2009 by Brian Hurley 0 Comments

Industry Canada announced on Monday that they will be providing additional funding for BDC.

The funding allocation includes $350M for BDC‘s venture capital activities that will allow it to make additional direct investments of $260 million over three years in Canadian businesses already in the BDC portfolio, as well as investments in new seed technology companies and later-stage technology companies. It will also allow BDC to commit $90 million over three years to private, independent Canadian venture capital funds.

This funding is in addition to the $75 million in venture capital funds allocated in the Government of Canada’s Budget 2008, which is being used to support the creation of a privately run venture capital fund.

This is great news!  BDC has been, and continues to be a key player in helping grow Canada’s innovation, economic growth and economic diversity.

Best practices, Business, Canada, Canadian Politics, Creative Class, Economy, Ecosystems, Entreprenuerism, General Interest, Government, Government Policy, Innovation, Jobs, Local Start-ups, Microbusiness, OCRI, Ontario, Opportunities, Ottawa, Ottawa Start-ups, Regional Economic Development, Technology, Trends, Unemployment, Venture Capital
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