Simon Fraser University and the University of British Columbia have each received $2.5M in PacifiCan funding from the Government of Canada. Both institutions will use the funding to expand their accelerator programs: SFU will use this funding to expand its VentureLabs’ business acceleration program, while UBC will grow the Creative Destruction Lab – Vancouver’s accelerator program. This investment is part of a larger $17M investment from PacifiCan to help BC businesses in sectors such as the life sciences, clean technology, and construction scale up their operations.
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