Update on federal innovation policies and initiatives

eAwazLocal News

Ottawa – The Government of Canada is providing an update on federal support for Canada’s innovation ecosystem, with a focus on improving existing programs that support Canadian businesses. The government will launch consultations in January 2024 on a cost-neutral modernization of the Scientific Research and Experimental Development (SR&ED) tax incentive program. SR&ED is a cornerstone of federal funding for innovation …

Minister Ng announces new investments for life sciences sector

eAwazLocal News

Ottawa – The Government of Canada is committed to creating a vibrant and sustainable venture capital (VC) industry in the Canadian life sciences sector. The result will be improved access to capital for innovative early-stage companies that are developing the solutions of the future while creating good jobs for Canadians from coast to coast to coast. Mary Ng, Minister of …