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Biotechnology, Health and Business in Canada, the United States and Worldwide

Tag Archives: Ontario Budget 2009

Ontario’s $250 million Emerging Technology Fund Launches!

The $250 million Emerging Technolgies Fund announced by Ontario as part of the Budget in March and recently the subject of an RFP process to find a fund administrator launched today! Details are on the OETF homepage, including: Fund Guidelines [PDF 2.7 MB] FAQs [PDF 673 KB] Application to seek qualification as a Venture Capital or [...]

Ontario Emerging Technologies Fund: Q&A From MRI Briefing

The questions and answers from last Friday’s MRI information session have been posted on MERX.  Here’s the link to the whole thing (if you have MERX access), but I’ll save you some time: There are two parts to the bid — one for evaluating Qualified Investors and one for evaluating Qualified Investments.  The same bidder might [...]

Ontario Emerging Technologies Fund RFP: Excerpts from MRI Presentation

A couple of weeks ago, Ontario’s Ministry of Research and Innovation put out an RFP for the new $250 million Emerging Technologies Fund, looking for a third party to evaluate co-investor and investment applications, and to administer and monitor investments for the fund. Last Friday, they held a briefing for interested parties where they presented [...]

MRI RFP ISO for Emerging Technology Fun(d)

Ontario’s Ministry of Research and Innovation has put out an RFP for the new $250 million Emerging Technologies Fund. They are looking for someone to evaluate co-investor and investment applications, and to administer and monitor investments for the fund. Here’s the blurb from the RFP Abstract: The OETF is a new $250 million program announced [...]

It’s a Bird! It’s a Plane! It’s Super Provincial Genomics Funding!!

You may remember Genome Canada’s reaction to the 2009 Canadian Federal budget.  Here’s one bit from ScienceInsider at the time: Researchers funded by Genome Canada … are reacting with shock to news that the Canadian government is withdrawing funding from the 9-year-old organization. Not true! Cried the Canadian government. Well, this week Genome Canada’s Board [...]

Ontario Budget 2009: Initial Reactions are “Encouraging”

Generally positive reviews of Ontario’s 2009 budget are coming in from the innovation community: TBI gives a shout-out to the Emerging Technologies Fund: The Biotechnology Initiative (TBI) would like to credit Premier Dalton McGunity and Minister of Research and Innovation John Wilkinson for their quick response to the looming economic uncertainty by the creation of the Emerging Technologies [...]

2009 Ontario Budget Innovation Highlights

Quick dose of info from the Ministry’s Highlights doc below.  More to come… $300 million in capital funds over six years for research infrastructure, which will be available to leverage funding from the federal Canada Foundation for Innovation $250 million over five years for a new Emerging Technologies Fund that will focus on clean technologies, [...]

Ontario Budget Today

Ontario Finance Minister Dwight Duncan will deliver the 2009 Ontario Budget around 4 pm today. The Finance Budget page is here, and will contain links to the full budget, highlights and press releases following the release this afternoon. You can watch the Budget presentation live on a webcast here.

$250 million Ontario Emerging Technologies Fund Seen, Raised by $825 million Quebec Venture Capital Fund

Ontario announced the $250 million Emerging Technologies Fund yesterday … pretty much exactly what Monday’s letter to McGuinty from the CVCA requested. That has got to be, by the way, either: the world’s first psychic government relations campaign, or the world’s fastest government stimulus. Not to be out-done, the Québec budget today included an $825 [...]

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