Feds to invest $52M in Ontario tech hubs to help start-ups flourish

TORONTO – The federal government is investing $52.4 million in three Ontario innovation hubs for a new program that will give a leg up to start-up companies plus contribute to the creation of 18,000 new jobs.Communitech, MaRS Discovery District and Invest Ottawa will come to together to implement the Scale-Up Platform, pooling their resources to help 30 Ontario companies grow and achieve revenues of $100 million or more by 2024, plus provide services to thousands of others. From coaching and advice to greater access to capital, talent and global markets, the platform will help fledgling businesses to scale up plus...