(public).sospep.subjects ~ view article ~ whats-in-canadas-innovation-budget-2017-for-startup-companies

<h1 style="text-align: center;">Whats in Canada's #budget2017 for startup companies</h1>
<h2>[WHAT]</h2>
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<li>] by Don Sagrott, founder @ sospep.org -&nbsp;</li>
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<h2>[WHY]</h2>
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<li>]&nbsp;</li>
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<h2>[WHERE]</h2>
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<li><strong>] READ THE FULL ARTICLE</strong></li>
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<li>]&nbsp;&nbsp;http://business.financialpost.com/entrepreneur/2017-budget-offers-five-key-developments-for-canadian-entrepreneurs</li>
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<h2>[WHEN]</h2>
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<li>] 2017-03-29</li>
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<h2>[EXAMPLE]</h2>
<h1 style="text-align: center;"><strong>TABLE - expeditures allocated</strong></h1>
<p><strong>AMOUNT | initiative | timeframe |</strong>&nbsp;</p>
<p><strong>7.8M | global talent strategy |</strong></p>
<p><strong>50M | SBIR style gov procurement program |</strong></p>
<p><strong>125M | Pan-canadian AI strategy |&nbsp;</strong></p>
<p><strong>221M | coop spaces |&nbsp;</strong></p>
<p><strong>400M | VCCI venture capital funding for |&nbsp;</strong></p>
<p><strong>950M | supercluster growth strategy | 5 years</strong></p>
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<p><strong><br /></strong></p>
<p><strong>2017 budget offers five key developments for Canadian&nbsp;entrepreneurs</strong></p>
<p>&nbsp;this year&rsquo;s budget outlines the Government of Canada&rsquo;s proposed Innovation and Skills Plan, which aims to expand growth and create jobs. Although the $300-billion budget describes several proposed commitments related to innovation, Canadian entrepreneurs will have to wait for clarity to emerge as many of these new investments or programs will be further defined in the months to come.&nbsp;</p>
<p><strong>Venture Capital Catalyst Initiative program:</strong>&nbsp;This new program will make $400M available to augment private sector funding of late-stage venture capital to Canadian entrepreneurs. This may help those companies seeking funds to bridge the commercialization gap.</p>
<p><strong>Strategic Procurement:</strong>&nbsp;In essence, federal departments and agencies will be funded to procure goods and services from Canadian innovators and entrepreneurs, in a new program modelled after a U.S. initiative. This could represent valuable opportunity for many businesses across the country.</p>
<p><strong>Intellectual Property Strategy 2017:</strong>&nbsp;The government will develop a modernized intellectual property strategy in the coming year.</p>
<p><strong>Streamlining Immigration:</strong>&nbsp;The budget outlines immigration programs designed to help attract top talent to Canada, with a particular focus on skilled talent that can help our entrepreneurs innovate. Many companies and entrepreneurs will applaud this initiative as the talent crunch remains a key area of concern. &nbsp;</p>
<p><strong>Creation of Superclusters:</strong>&nbsp;A commitment of $950 million over five years &mdash; increased from last year&rsquo;s initial commitment of $800 million &mdash; will fund a new competition to support a handful of business-led innovation &ldquo;superclusters&rdquo; with the greatest potential to accelerate economic growth. These clusters are expected to be dense areas of business activity involving large and small companies, post-secondary institutions and specialized talent and infrastructure, collaborating to drive commercialization and economic growth.&nbsp;</p>
<p>Dean Radomsky is a tax partner with EY&rsquo;s Private Client Services &amp; Calgary EY Entrepreneur Of The Year Awards Leader. Follow EY&rsquo;s Private Client Services practice on Twitter @EY_CAPrivateCo.</p>
<h2>[HOW-TO]</h2>
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<li>]</li>
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<h2>[REFERENCE]</h2>
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<li>] SRC = ?&nbsp;</li>
<li>x] # 7190 -&nbsp;<a href="/view/task?id=7190" target="_blank">CREATE-article# 5673</a>&nbsp;-&nbsp;</li>
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<h2>[RELATED]</h2>
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<li>x] # 7193 - <a href="/view/task?id=7193" target="_blank">CREATE-list# #</a> - RELATED - innovation, ideas, agenda-for-canada,&nbsp;</li>
<li>x] # 5672 -&nbsp;<a href="/view/article?id=5672" target="_blank">SUMMARY-PODCAST-betakit-episode-060</a>&nbsp;-&nbsp;</li>
<li>]&nbsp;</li>
<li>] # # - #budget2017 - overview</li>
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<h1 style="text-align: center;">&nbsp;</h1>

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