Canadian Government Launches $50M Entrepreneurship Initiative
Recent graduates and grad students will have access to new resources aimed at helping them launch high-tech businesses and commercialize new technologies under the Government of Canada's new Scientists and Engineers in Business Initiative. The program will award $50 million over four years to nonprofit organizations, including postsecondary institutions, to provide business skills development, such as training workshops, and seed financing or advisory support services to entrepreneurs pursuing science, technology, engineering and mathematics endeavors. The idea is to improve the success rate of startup companies in southern Ontario by helping entrepreneurs develop business and management skills. Read the press announcement.