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Does Your Startup Have What It Takes?

INNOVATION PORTAL GUEST CONTRIBUTOR
Tony Di Benedetto, Founder, Launch Capital
When I decided to start Launch Capital to help provide venture capital and guidance for aspiring tech entrepreneurs, I spent some time thinking of what qualities we would look for when identifying exciting businesses to get behind.

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Richmond Hill Headquartered Facedrive Acquires EcoCRED, a Wholly-owned Subsidiary of Exelon

Facedrive Inc., a Canadian “people-and-planet first” tech ecosystem completed the acquisition of 100% of the ownership of EcoCRED, a wholly-owned subsidiary of Exelon, a Fortune 100 company and the largest producer of clean energy in the United States.
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The global chip shortage is the wake-up call Canada needs

Melissa Chee is president and chief executive officer of ventureLAB, a leading technology hub in York Region that operates Canada’s only hardware and semiconductor incubator, the Hardware Catalyst Initiative What do video games, ventilators and vehicles have in common? They’re all…
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Georgian College and Markham Headquartered Hyundai Canada Forge Partnership to Support Black and Indigenous Automotive Business Students

Hyundai Canada is making a bold and powerful commitment to Georgian and the Automotive Business School of Canada (ABSC) by investing more than $250,000 over seven years to support Black and Indigenous automotive students.
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Government of Canada Invests to Bring High-Speed Internet to 144 More Households in Markham and Stouffville

Helena Jaczek, Member of Parliament for Markham–Stouffville, on behalf of the Honourable Maryam Monsef, Minister for Women and Gender Equality and Rural Economic Development, announced just under $125,000 in funding for Bell to bring high-speed Internet to rural residents of Lemonville and Locust Hill.
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York Region Companies Turning to Online World to Cope With COVID-19 Crunch

Running Hutchings Farm provides enough work for her and her husband, Kevin, without the added task of bringing their farm store online. Business is busiest in summer and at Christmas, but come January, February and March, sales drop.
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H.I.G. Capital closes US $172M acquisition of Markham Headquartered SMTC Corporation

H.I.G. Capital has completed previously announced acquisition of SMTC Corporation (NASDAQ: SMTX) for US $6.044 in cash for aggregate consideration of approximately US $172 million. SMTC Corporation’s common stock (SMTX) will cease trading on the Nasdaq exchange.
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Government Announces Extension of Canada Emergency Business Account to Help Small Businesses

The Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, and the Minister of Small Business, Export Promotion and International Trade, the Honourable Mary Ng, announced that the deadline for new Canada Emergency Business Account (CEBA) applications is being extended from March 31 to June 30, 2021.
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Vaughan Headquartered Kontrol Technologies Teams up with Canadian Sport Institute Pacific to Help Protect Canada’s Olympic and Paralympic Hopefuls with their Safe Space Technology

Kontrol Technologies Corp. announces that Canadian Sport Institute Pacific (CSI Pacific) is teaming up with Kontrol BioCloud to operate its Safe Space Technology™ in the National Team Training environment.