Research council offers funding to business incubators

The National Research Council is seeking applications for funding from business incubators and accelerators.

“Our government is strongly committed to initiatives that support science, technology and the growth of innovative Canadian firms, which strengthen our communities,” said Greg Rickford, the federal science and technology minister. “The Canada Accelerator and Incubator Program will be a boost to organisations that provide the tools Canadian entrepreneurs need to grow, innovate, bring ideas to the marketplace and create jobs to secure Canada’s long-term prosperity.”

The request for proposals is part of the government’s Venture Capital Action Plan, a $400-million strategy launched in January to help increase venture capital investments from industry.