Home
About Us
"Invention is not enough."
That's the message from Canada's government, which is hoping to change that with the creation of a $1 billion Canadian Innovation and Investment Agency that it says will help businesses grow and create jobs, the Guardian reports.
According to the country's 2022 budget, Canada's business R&D spending is the lowest in the G7 (the US, UK, Japan, Germany, Italy, and Canada), and it's fallen by a third over the past 20 years.
"Canadians and Canadian companies need to take their new ideas and new technologies and turn them into new products, services, and growing businesses," the budget states.
The new agency, which will be modeled on innovation agencies in Israel and Finland, will be "operationally independent" but will still be "accountable" to the government, a Department of Finance spokesperson tells the Guardian.
The budget states the agency will help small and medium-sized Canadian businesses that lack the funds to bring new products to market.
The budget also states the government will consider adopting a "patent box" tax system, in which patents will be taxed at a lower rate than in the US and EU, the CBC reports.
Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
When it comes to environmental, social, and governance (ESG) issues, many investors are looking to invest in companies that have a positive social or environmental impact. But when it comes to...more
"To differentiate and compete, you really have to pay attention to technology," says Chat Reynders, CEO of Reynders, McVeigh Capital Management. "It was becoming clear to me that our tech wasn't...more
Treehugger's list of the world's top tree-huggers is out, and it includes a company that's "one of the world's biggest tree-huggers," per Business Insider. That would be British telecom company...more
Treehugger's list of the world's top tree-huggers is out, and it includes a company that's "one of the world's biggest tree-huggers," per Business Insider. That would be British telecom company...more
"If you want to have impact, then IT, healthcare, and industrials will be the core three elements." That's what Anna V ? n ? 'nen, head of listed impact equity at AXA Investment Managers, has to...more
Foundation: GlobalGiving
"The main threat is the long-standing lack of sufficient funding for healthcare systems," Ota Akhigbe writes at the Conversation. "This funding gap means millions cannot get basic health care,...more
"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow...more
The concept of "impact investing" has taken off in recent years, with more than $1 trillion in assets under management. But a new study out of Harvard Business School suggests that while impact...more
"All investments are impact investments," says Adam Spence, CEO of SVX, a non-profit financial services firm that has just launched Canada's first index designed to measure the impact of investments...more
Environmental, social, and governance (ESG) investing has gained popularity in recent years as clients seek to align their investments with their values and promote positive change in the...more
Social Entrepreneurship
Spotlight
Social Enterprise HandiConnect Wins Audacious Award in New Zealand
Social enterprise, HandiConnect, wins the Audacious-Business Idea competition’s Doing Good category. The company is spearheaded by University of Otago entrepreneurship master’s student Nguyen Cam Van.
