Western Innovation (WINN) Initiative: $800k for XCO Tech Inc.

Western Innovation (WINN) Initiative: $800k for XCO Tech Inc.

XCO Tech Inc. is a technology company in Penticton, British Columbia, focused on improving athletic performance, injury assessment, chronic disease management, and concussion recovery using digital biomarkers. The organization has recently received research and development funding to launch their new sport performance training system and precision medicine products. XCO Tech Inc. has been awarded $800,000…

Western Innovation (WINN) Initiative Invests $20M into 17 BC Companies

Western Innovation (WINN) Initiative Invests $20M into 17 BC Companies

The government of Canada is continuing to invest in advanced technologies throughout the country in efforts to bring innovative products, processes, and services to market. Recently, 17 organizations in British Columbia have been awarded funding for innovation, which they will use to develop, advance, and commercialize their products and services. This support will help BC…

Western Innovation (WINN) Initiative: $21M for Alberta Businesses

Western Innovation (WINN) Initiative: $21M for Alberta Businesses

As the technology landscape constantly evolves, new and upcoming innovations in sectors such as cleantech, manufacturing, artificial intelligence, and agriculture are increasing at a rapid place. In order to remain globally competitive, Canada is continuing to invest in businesses to help advance their technologies and get them to market. To support this initiative, 16 companies…

Western Innovation Initiative (WINN) Awards $3.5M in Small Business Loans

Western Innovation Initiative (WINN) Awards $3.5M in Small Business Loans

The Government of Canada has announced it will invest $3.5 million in funding to support an Alberta-based cleantech expansion project. The project will be carried out by Enerkem Alberta Biofuels, Rho Canada Ventures, and the Waste Management of Canada Corporation. Federal small business loans will help the partners to complete the final phase of a…

Western Innovation Initiative: Product Development Funding

Western Innovation Initiative: Product Development Funding

Moving new and innovative technologies from research and development to the marketplace is not an easy process. Along the way, innovators need to formalize a commercialization strategy – requiring significant capital and human resource expenses. Yet for many Western Canadian businesses, pre-commercialization funding gaps are the main cause for products and services being delayed or…

$425k in Canadian Government Funding Supports AgriTech Development

$425k in Canadian Government Funding Supports AgriTech Development

The Government of Canada is investing in agricultural technologies that increase farming productivity. As recently announced by the Canadian federal government, up to $425,000 in repayable government funding has been committed through the Western Innovation Initiative (WINN). This funding will assist a British Columbian technology developer to create a system that will help farmers reduce…

$3.5M Western Innovation Initiative Business Funding Awarded to Vitalus

$3.5M Western Innovation Initiative Business Funding Awarded to Vitalus

The Western Innovation Initiative (WINN) is a research and development funding program for small businesses located in western Canada. Companies operating in British Columbia, Alberta, Saskatchewan and Manitoba may apply for up to 50% of their project’s expenses to a maximum $3.5 million in repayable funding contributions. Innovative businesses use this fund to lead their…

Western Innovation Initiative (WINN) Canadian Tech Development Funding

Western Innovation Initiative (WINN) Canadian Tech Development Funding

Created in 2013, the five-year Western Innovation Initiative (WINN) will invest up to $100 million towards late-stage research and development projects conducted by businesses in western Canada. By commercializing new innovative products and processes, small and mid-sized businesses across western Canada will be able to expand and support employment opportunities. The Western Innovation Initiative provides…

How to Leverage WINN Funding to Bring Innovative Products and Processes to Market

How to Leverage WINN Funding to Bring Innovative Products and Processes to Market

In autumn 2013, the Federal Government launched a five-year, $100 million western Canada funding program called the Western Innovative Initiative (WINN). This business funding initiative supports small and medium-sized businesses in western Canada who are dedicated to commercialize innovative, technology-based products, processes, and services while enabling company growth. The WINN program intends to stimulate greater…

WINN is a 5 Year $100 Million Initiative to Support Western Canada SMEs

WINN is a 5 Year $100 Million Initiative to Support Western Canada SMEs

The Western Economic Diversification Canada (WD) is supporting SMEs looking to move their innovative technologies through the later stages of R&D and into the marketplace. The program will succeed in this objective by providing repayable contributions to SMEs through the Western Innovation Initiative (WINN) small business loans program. Of the funding provided through WINN, 20 percent…