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New Government of Canada Funding Initiative Offers Intellectual Property Support for Canadian Startups

Retrieved on: 
Thursday, January 5, 2023

New Ventures BC is one of the Recipients of the ElevateIP program, an initiative from Innovation, Science and Economic Development Canada (ISED) to provide the tools Canadian startups need to better protect, strategically manage and leverage their IP.

Key Points: 
  • New Ventures BC is one of the Recipients of the ElevateIP program, an initiative from Innovation, Science and Economic Development Canada (ISED) to provide the tools Canadian startups need to better protect, strategically manage and leverage their IP.
  • In Budget 2021, the government of Canada announced $90 million over 4 years starting in 2022-2023 to create ElevateIP.
  • We’re excited to deliver this program and work with ISED to support Canadian innovators.”
    The New Ventures led project is expected to support over 500 tech startups over four years.
  • “Intellectual property is such a key element of starting and growing a business, but it’s often overlooked.