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The dearth of financial investment for Manitoba startups and small firms is expecting a sliver of much-awaited activity.
The dearth of financial investment for Manitoba startups and small firms is expecting a sliver of much-awaited activity.
Under the federal and provincial budgets, unveiled just one week apart, both Ottawa and Manitoba recognized the need for capital and equity investments to kick-start economic recovery from the COVID-19 pandemic.
But stakeholders and business leaders, who believe venture capital incentives or funds could not come at a better time, aren’t so sure the new government initiatives will move many needles.
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Joelle Foster, CEO of North Forge: ‘I want to do this right.’
Over the years, North Forge Technology Exchange has helped more than 200 companies get off the ground but it has never really had capacity to point its founders to a ready source of capital… until now.
Over the years, North Forge Technology Exchange has helped more than 200 companies get off the ground but it has never really had capacity to point its founders to a ready source of capital… until now.
More than 100 people attended the virtual launch on Wednesday afternoon to announce the creation of the North Forge Angel Network in collaboration with the National Angel Capital Organization (NACO).