Under Cisco Investments, the Cisco Canada Innovation Program will invest $150 Million in Canadian Companies and Continue Cisco’s Commitment to Driving Innovation in Canada
At Cisco, we continue to take an active role in Canada’s innovation and productivity trajectory. In the past months, we have announced the establishment of 10 Research Chairs in multiple Canadian Universities, the creation of 1,700 high tech jobs in Ontario, and Toronto’s Internet of Everything Innovation Center. To continue the momentum and growth, we look to actively engage within our communities to help mentor and develop new leaders and innovators.
On June 19th, Cisco Canada unveiled the Cisco Canada Innovation Program, a strategy to invest $150 million (CAD$) to support and accelerate innovation in Canada. Cisco Investments, through a combination of investments in venture-capital funds, incubators and direct, seeks to drive creative and ambitious innovation in Canada, in addition to providing Cisco’s technology and go-to-market expertise to Canadian business.
Together with The Honourable Joe Oliver, Canada’s Minister of Finance, Hilton Romanski, Senior Vice President, Corporate Business Development of Cisco Systems Inc., and Nitin Kawale, President of Cisco Canada, along with our Cisco Canada team we showcased the tremendous possibility of how Cisco Canada can assist in driving Canada’s innovation engine.
For more information, visit the press release and video to the left to see Cisco’s commitment in driving innovation in Canada.
“We believe the Cisco Canada Innovation Program is a great opportunity to help fund and mentor start-up companies, foster innovation and help Canada be recognized as one of the most innovative countries in the world.”President, Cisco Canada