By Christine Dobby Speaking of accelerators, Montreal’s FounderFuel said this week it is doubling the initial funding it gives its startups — and taking a bit more equity in the early-stage ventures. Companies entering its next cohort (applications are open until Feb. will now get $50,000 to start in exchange for 9% equity, up from ...

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hina’s state-owned Zhongguancun Development Group (ZDG) has set up an incubator in Ottawa, Canada’s capital. ZDG is contributing $10m to get it underway. This is their second incubator in North America – the first was in the Valley last year. The imaginatively named “ZDG Ottawa International Incubation Centre” is a partnership between ZDG and Invest ...

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State-owned Chinese company Zhongguancuan Development Group announced Tuesday it will invest $10 million into a new “technology incubator” for the capital. City of Ottawa officials say it’s good news for emerging companies looking for investment, and a way into China’s ever-expanding marketplace. “On a scale of one to 10, this is a 10. This is ...

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By Ryan Huang Summary: Chinese state-owned Zhongguancun Development Group (ZDG) partners city of Ottawa to provide its startups with funding and support to expand in China. Zhongguancun Development Group (ZDG), a Chinese state-owned venture capital fund, has partnered the city of Ottawa to launch an incubator program to support and attract its technology startups to ...

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This is an interesting development; bodes well for Canadian-Chinese tech co-development. ____________________ Partnership between Invest Ottawa and state-owned ZDG aims to help local tech startups enter Chinese market Ottawa tech startups interested in entering the Chinese market have $10-million and Canada’s first China-backed tech incubation centre to help their efforts. Invest Ottawa, the city’s economic ...

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By Graham Lanktree China is betting $10 million on Ottawa’s tech firms as state-owned business incubator Zhongguancun Development Group set up at entrepreneurial booster Invest Ottawa’s offices Tuesday. “We grabbed them by the hand and dragged them here,” said Bruce Lazenby, CEO of Invest Ottawa. “I used to think that when a company established itself ...

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Le fonds d’investissement chinois Zhongguancun Development Group (ZDG) lance à Ottawa un premier incubateur d’innovations technologiques au Canada. Les dirigeants de la société et Investir Ottawa ont signé, mardi, une entente en présence de représentants de l’ambassade de Chine. La Chine s’intéresse à la capitale nationale en raison de la présence de nombreuses entreprises de ...

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By TERRY BRODIE Partnership between Invest Ottawa and state-owned ZDG aims to help local tech startups enter Chinese market Ottawa tech startups interested in entering the Chinese market have $10-million and Canada’s first China-backed tech incubation centre to help their efforts. Invest Ottawa, the city’s economic development agency, and the state-owned Zhongguancun Development Group (ZDG) ...

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By Mark Brownlee Chinese officials tried to allay concerns Tuesday about intellectual property protection for Ottawa companies as economic development officials formally announced a new organization designed to export local technology to Asia. Zhongguancun Development Group, a state-owned enterprise founded by the municipal government of Beijing, will spend $10 million to create a local “incubation ...

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By Mark Brownlee A Toronto film studio has won the right to negotiate a contract for a new facility in Ottawa, a step economic development officials hope will lead to the local industry quadrupling in size. Cinespace is the preferred choice of the city’s lead economic development organization, Invest Ottawa, to build the new studio. ...

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