July 21, 2015 – Kitchener, ON
Funding that will provide Canadian entrepreneurs with the resources and expertise needed to develop their business plan, seek future financing and cultivate new international markets for products and services was announced today by the Honourable Gary Goodyear, Minister of State (Federal Economic Development Agency for Southern Ontario), Stephen Woodworth, Member of Parliament for Kitchener Centre, and Peter Braid, Member of Parliament for Kitchener-Waterloo. The Government of Canada’s investment in Communitech Corporation, was made through the Canada Accelerator and Incubator Program (CAIP).
With this investment, Communitech and its partners at the University of Waterloo, Wilfrid Laurier University, and the Waterloo Accelerator Centre will receive up to $9.7 million in funding over five years.
These organizations play an important role in preparing early stage companies for successfully accessing investment capital, and serve as an invaluable resource for entrepreneurs in developing products for a competitive global marketplace.
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
Erica Furtado
Director of Communications
Office of the Honourable Gary Goodyear
613-943-7599
