Canada Launches $90m Funding Program for Startups

Canada’s Prime Minister, Stephen Harper, unveils a new $190-million program to assist small businesses.

In an effort to boost Canada’s flagging business environment, the Prime Minister has unveiled an Investing in Business Innovation Program that will allow small start ups to apply for up to $1 million in repayable funding. This will only be available however if they have funding commitment from accredited business angels or registered venture capital investors.

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