Business process mapping is a lean management strategy that seeks to understand and eliminate sources of waste. Companies often rely on many processes to provide value to customers; by mapping how these processes work, firms can identify which activities add value and which activities cause friction in the process, making it less efficient. While most…
VITALITY Products Inc., based in Vancouver, British Columbia, is a brand of clean vitamins and supplements. Their range of products are made with high-quality, raw ingredients and effective formulas that are verified to help boost the health and wellness of their customers. The company is striving to fill gaps in the health and wellness sector…
InMed Pharmaceuticals Inc., located in Vancouver, British Columbia, is a biopharmaceutical company engaged in the discovery and development of novel, cannabinoid-based therapeutics for the treatment of diseases that have high unmet medical need. The organization has recently received Canadian government funding to support their research and development efforts in cannabinoid biosynthesis. The Industrial Research Assistance…
Ottawa-based communications technology firm Martello Technologies has recently received federal government funding to accelerate the development of their network performance management services. In today’s age of rapid digital transformation, an increasing need for bandwidth-intensive real-time services, such as video streaming, has generated a network performance management challenge; which Martello saw an opportunity to capitalize on….
The United States-Mexico-Canada Agreement (USMCA) offers many opportunities as well as some challenges for Canadian businesses. If ratified, the new agreement-in-principle will take effect on January 1, 2020 and significantly impact supply chain management, predominantly in the dairy, poultry, and automotive sectors. While there are many businesses across Canada that are concerned about these changes,…
Nano One Materials, based out of Vancouver, is a Canadian technology company with an industrial process for producing low cost high performance battery materials and a wide range of other advanced nanostructured composites. The company has recently received grants for automotive technology for their process to improve the durability of lithium ion batteries. Nano One…
When performing research projects that involve technical risk or uncertainty, Canadian innovators should use government funding programs. These offset project costs and reduce risk, making exploratory innovations more achievable for SMEs. To innovate as efficiently as possible, companies should be aware of how incentives such as the Industrial Research Assistance Program (IRAP) and the Scientific…
Charlottetown, Prince Edward Island-based biotechnology firm Somru BioScience has recently received a combination of grants and loans from Canadian government funding programs. This support will allow the company to accelerate research and development activities, provide comprehensive and innovative bioanalytical solutions, and create long term economic growth in Atlantic Canada. Somru BioScience is receiving a total…
Zucara Therapeutics Inc. is a Vancouver, British Columbia-based pre-clinical life sciences company that is advancing a long-term novel approach to prevent low blood sugar in patients with diabetes. Founded in 2015, the organization is a spin-out company from the Centre for Drug Research & Development and MaRS Innovation. Today, Zucara Therapeutics is partnering with professors…
E3 Metals Corporation is a Calgary, Alberta-based mining company with specialties in lithium and other mineral exploration and development. Since being founded in 2017, E3 Metals has secured the rights to mine 580,000 hectares of lithium-rich land in Alberta. To locate and extract this lithium, the company studies over 60 years of data from oil…