Invest Ottawa, Wesley Clover and PARTEQ Innovations will provide services and support to start-up businesses in Ottawa and Eastern Ontario
October 31, 2014 – Ottawa, Ontario
Royal Galipeau, Member of Parliament (Ottawa-Orléans), accompanied by the Honourable Ed Holder, Minister of State (Science and Technology), today announced the Government of Canada’s investment in Invest Ottawa, in collaboration with Wesley Clover and PARTEQ Innovations, to support Ottawa and Eastern Ontario’s innovative businesses, enabling them to grow, prosper and create jobs.
Through the Canada Accelerator and Incubator Program (CAIP), Invest Ottawa and collaborators Wesley Clover, PARTEQ Innovations will receive up to $7.7 million in funding over the next five years to provide local entrepreneurs with the resources and expertise needed to develop their business plan, seek follow-on financing, and establish new international markets for products and services. These organizations plays an important role in preparing early stage companies for successfully accessing investment capital and serves as an invaluable resource for entrepreneurs in developing competitive products and services, which support creating Canadian jobs at home.
Media Relations Team
National Research Council of Canada
613-991-1431
1-855-282-1637 (24/7)
media@nrc-cnrc.gc.ca
Twitter: @nrc_cnrc
Scott French
Director of Communications and Parliamentary Affairs
Office of the Honourable Ed Holder
Minister of State (Science and Technology)
613-943-6177
