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Funding Canadian tech innovation

03 Jul 2016 12:22 PM | Michael O'Neil (Administrator)

When it comes to funding for technology companies, I find myself squarely on multiple sides of the issue.

On the one side, things feel...bubble-ish. It's hard to connect valuations with my perception of value. And I believe that the trend towards involving a large number of less-informed crowdfunding investors in the tech equity market is just going to exacerbate the gap between "truly useful invention/innovation" and "funding." On the other, early stage tech companies (certainly in Canada, and likely elsewhere, too) struggle to find the capital needed to scale. TCBC looked at this in last year's "Financing Cloud Businesses" Best Practices report, and we are digging deeper into the issue this year, in the "Funding Innovation" working group.

All of that said - it's Canada Day weekend, and most of us are looking for a break from our desks, and a reason to be outside - with a barbeque, a bike, pounding nails (okay, maybe that's just me)...so in the spirit of the long weekend, let me highlight this post from the always-interesting CB Insights, which includes a "periodic table of tech in Canada." If you've been around the industry for awhile - and particularly, if you've stayed close to Canada's innovators - you can lose a lot of time navigating the different elements!

Happy holidays to each of you - hope you enjoy the fruits of the grill!

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