Ilse Treurnicht, CEO of MaRS, has decided to step down at the next annual general meeting in June 2017. Treurnicht has led the organization for almost 12 years. “MaRS is entering its next phase of growth and the momentum is palpable,” said Treurnicht. “Our beautiful centre has doubled in size and is thriving. We are
The Business Development Bank of Canada (BDC) has unveiled a new brand identity aimed at making its role and product offering better known to a greater number of entrepreneurs across Canada. The modernized brand image will be supported by a multi-faceted advertising campaign which will appear across Canada. The campaign began earlier this week. BDC
The founder and CEO of Shopify Inc., Ottawa, Ontario-based e-commerce company, has been named the 2016 recipient of the CVCA’s Entrepreneur of the Year Award. This is a prestigious award given to Canadian entrepreneurs who have demonstrated a great deal of success in delivering superior returns to its stakeholders and who exude tenacity, innovation, leadership
The Canadian Venture Capital & Private Equity Association (CVCA) announced John MacIntyre, Partner, Birch Hill Equity Partners, as the recipient of its 2016 Ted Anderson Community Leadership Award winner during its Annual Conference in Toronto on May 24th. Named for CVCA past President and previous recipient Ted Anderson, the purpose of this prestigious award is
The Canadian Venture Capital & Private Equity Association (CVCA) announced winners of its annual Deal of the Year Awards during its 2016 Annual Conference in Toronto on May 24th. Calgary-based Avrio Capital won in the venture capital category for its sale of Fresh Hemp Foods Ltd., while Montreal-based Novacap Technologies III, L.P. won in the
Record-breaking quarter: 2016 Canadian VC investment nearly doubles 2015 results – CVCA Investment from top five deals more than triples to $336 million, private equity sees a slowdown due to declining oil and gas activity May 18, 2016 – Toronto, ON – Record high Q1 venture capital investment of $838 million – nearly double the
Norman Winarsky has joined Canadian venture capital firm Relay Ventures as its first ever executive-in-residence (EIR). Norman is the former President of SRI Ventures at the world-renowned SRI International research institute founded by Stanford University. He was a founder and leader of SRI’s venture strategy and process, which has resulted in more than sixty ventures
The CVCA welcomes Budget 2016 and the opportunity to work with the Government on a new Innovation and Growth Agenda for Canada With Budget 2016, the Government has shown that it is engaged on innovation and growth and is open to listening and engaging key stakeholders. The CVCA welcomes some specific initiatives in Budget 2016,
Canadian venture capital and private equity activity way up – CVCA Report Health and life sciences drive growth in venture capital and IPOs lead increased 2015 Canadian VC exit values. Private Equity investment levels remain strong but decline from record 2014 levels. Private equity volume way up. Canadian private capital continued its climb in 2015:
EnerTech Capital, a private venture capital firm focused on investing in mid stage companies that offer products or services that dramatically improve the profitability of producing or consuming energy, was named “Financial Investor of the Year” as part of the 2015 Global Cleantech 100 program. Featuring companies that are best positioned to solve tomorrow’s clean
