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Seed money, also known as seed funding or seed capital, is a form of securities offering in which an investor puts capital in a startup company in exchange for an equity stake or convertible note stake in the company.
The Strategic Innovation Fund (SIF) is the program of Innovation, Science and Economic Development Canada designed to support the "Canadian innovation ecosystem," [1] which includes providing "funding to innovative sectors" such as "advanced manufacturing, agri-food, clean technology, clean resources, digital industries, and health and biosciences."
In Europe, the first accelerator program was started by Accelerace in 2009 in Denmark (strongly subsidised by the Danish government) followed shortly after by Startup Wise Guys in 2012 in Estonia. With the growing popularity of seed accelerator programs in the US, Europe has seen an increase in accelerators to support a growing startup ecosystem.
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. [1] [2] The availability of venture funding is among the primary stimuli for the development of new companies and technologies.
The Mowat Centre had a mandate that proposed innovative, research-driven public policy recommendations that work on behalf of Canadians in all regions of the country, including Ontario. The Mowat Centre for Policy Innovation was established in 2009 with $5 million in seed funding from the Ontario Provincial government. [28]
Groq was founded in 2016 by a group of former Google engineers, led by Jonathan Ross, one of the designers of the Tensor Processing Unit (TPU), an AI accelerator ASIC, and Douglas Wightman, an entrepreneur and former engineer at Google X (known as X Development), who served as the company’s first CEO.
Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money , it can also take the form of effort or time from an organization or company.
In the Gaza Strip, Mercy Corps created Gaza Sky Geeks in 2011 with the support of a seed funding from Google, the Coca-Cola Foundation, Skoll and various local donors. [42] The particular initiative seeks to create a stage for new, young talents to grow and share their ideas while improving their skills through receiving professional mentoring ...