Government of Canada invests over $25.7 million to fuel innovation and economic growth in Vancouver
Summary
PacifiCan makes strategic investments in growing companies to strengthen B.C.s position as a domestic and international leader in a variety of sectors, such as clean technology, life sciences and digital industries. Todays investments are making innovation work for British Columbians by delivering high-paying jobs, unleashing new ideas, and helping Canadian-made products find global success. By combining its proprietary bioprinting technology, therapeutic cells, biomaterials, and computational design, Aspect is creating cutting-edge tissue therapeutics to treat incurable diseases.Backgrounder: Government of Canada invests over $25.7 million to fuel innovation and economic growth in VancouverToday, the Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced an investment of over $25.7 million to help 10 Vancouver-based businesses and organizations fuel the B.C. JOINTstat is currently used to detect rheumatoid arthritis, and funding will allow the company to explore applications for other autoimmune diseases such as Lupus and Sjogrens.Broadband TV Corp (BBTV) $5,000,000Funding will be used to grow the recipients digital marketing operations and expand its sales strategy by hiring new staff and implementing an Enterprise Resource Planning system. Project activities include hiring staff and contractors, hosting industry events, and developing skills training programs.CoPilot AI$5,000,000Funding will help the recipient expand the market for its sales enablement software platform within the United States.