Deep Tech Canada Receives $1M Federal Investment for Innovation Advancement

Deep Tech Canada is pleased to announce a substantial federal investment exceeding $1 million from Prairies Economic Development Canada. This funding, allocated through the Regional Innovation Ecosystems Program, aligns seamlessly with Deep Tech Canada's strategic goal of positioning Canada as a global leader in pioneering technological advancements. Deep tech, characterized by sophisticated technological breakthroughs leveraging AI, quantum computing, and machine learning, will be the focus of the investment, supporting training, development programs, and collaborative events. Over the forthcoming three years, the organization aims to expedite the commercialization of modern solutions, bolstering Canada's competitiveness on the international stage. President Marie D’Iorio expressed optimism about the transformative impact of PrairiesCan's investment in solidifying Canada's leadership in the dynamic field of deep tech. This collaboration underscores the potential for sustainable economic growth in deep technology, both regionally on the Prairies and a global scale. Deep Tech Canada eagerly anticipates close collaboration with stakeholders to ensure the success of these initiatives, contributing significantly to Canada's ascendance in the global technology landscape.