Mar 9, 2022 | International
The Government of Canada is continuing its support for businesses and organizations as they adapt, grow and recover from the COVID-19 pandemic. New investments by the Government of Canada are helping to build a strong foundation for the workforce of today and into the future.
The funding will support an inclusive recovery, enhance competitiveness and create jobs across the territory
March 8, 2022 – Whitehorse, Yukon – Canadian Northern Economic Development Agency
The Government of Canada is continuing its support for businesses and organizations as they adapt, grow and recover from the COVID-19 pandemic. New investments by the Government of Canada are helping to build a strong foundation for the workforce of today and into the future.
The Minister of Northern Affairs, Minister responsible for the Canadian Northern Economic Development Agency (CanNor) and Minister responsible for Prairies Economic Development Canada (PrairiesCan), the Honourable Daniel Vandal, and Member of Parliament for Yukon, Dr. Brendan Hanley, announced that the Government of Canada is investing $3.6M in projects across the Yukon to support businesses, create jobs, and grow Yukon’s economy.
This funding, delivered by CanNor, supports two regional initiatives led by First Nations economic development organizations across the Yukon. While each project is unique, they both help communities and Northerners build opportunities for economic growth by fostering an inclusive recovery, enhancing competitiveness and creating jobs across the territory. Through this investment, these organizations will create four new full-time jobs, and maintain or expand eighteen existing jobs. They will also create opportunities for pre-employment training as well as enhance the competitiveness of local providers in the region.
Today’s announcement demonstrates the Government of Canada’s commitment to long-term sustainable economic development across the Yukon. Initiatives such as these support a stable path forward from the impacts of the COVID-19 pandemic.
“These investments demonstrate CanNor’s ongoing commitment to reconciliation with Indigenous Peoples, help strengthen the Northern workforce, and build strong and resilient communities. As Yukon recovers from the COVID-19 pandemic, our government will continue to be there to support the vital role of community businesses and organizations in growing the economy and creating quality, well-paid jobs for Yukoners.”
The Honourable Daniel Vandal, Minister of Northern Affairs, Minister responsible for Prairies Economic Development Canada and Minister responsible for the Canadian Northern Economic Development Agency
“Yukoners support each other, especially during difficult times. These two projects supporting initiatives led by Indigenous economic development agencies reflect that. By creating jobs, expanding operations and building opportunities for skills development, we are working together towards inclusive and sustainable recovery and growth.”
Dr. Brendan Hanley, Member of Parliament for Yukon
“It is important that as we recover from the pandemic we make investments in our communities that will support job growth and support our local economy. Thank you to the Government of Canada for this generous contribution from CanNor that will contribute to a stronger economy in the Yukon and ensure that no Yukoner, particularly those living in rural areas, is left behind.”
Ranj Pillai, Yukon Minister of Economic Development
“The support from CanNor for Kluane Community Development Limited Partnership (KCDLP) and Creating Economic Resilience means we can advance the economic opportunities in the Kluane First Nation (KFN) Traditional Territory and in turn provide opportunities for KFN citizens, KFN owned business and improve economic outcome for the territory as a whole.”
Tosh Southwick, Chair of KCDLP
“The team at Chief Isaac Mechanical are proud of the quality of their work and customer service. CanNor’s $1.5m vote of confidence in them is a huge boost. This allows us to expand our services for heavy and light duty customers and grow our team of professional technicians. As a 100% First Nation owned business, all our profits go back to the local community and CanNor’s investment increases our ability and capacity to do that.”
Frances Aitken, Industrial Manager, Chief Isaac Group of Companies
Kyle Allen
Press Secretary
Office of the Minister of Northern Affairs, Minister Responsible for Prairies Economic Development Canada, and Minister Responsible for the Canadian Northern Economic Development Agency
819-953-1153
Feb 23, 2022 | Business
Based on Whole Genome Sequencing (WGS), Arcensus GmbH makes it possible to detect rare as well as frequent disorders such as cancer or heart diseases at the earliest stage in order to start preventive and personalized treatment.
One year after Arcensus was founded, fresh capital is now being raised for further expansion. As part of the current investment-series the Mittelstandische Beteiligungsgesellschaft Mecklenburg-Vorpommern (MBMV) are investing a single-digit million to further expand into the US and GCC regions.
For MBMV, it is a very special investment, as Managing Director Dr. Thomas Drews reveals: “With Arcensus, we are investing in a very experienced and well-known team and in a technology which, in precisely this combination, has the potential to make a major contribution to the prevention of diseases and the cure of rare diseases”.
He continues: “In addition, we are proud that a local company from Rostock is able to play as a figurehead at the top of the international biotech scene.”
Indeed, the team around Prof. Dr. Arndt Rolfs is no stranger to the bio-tech scene. Prof. Dr. Arndt Rolfs, a neurologist, has already taken his rare-disease company CENTOGENE, founded in 2006, public in 2019, in which MBMV was also invested.
At Arcensus Prof. Rolfs and his international team want to use the accumulated experiences in the field of the WGS technology in combination with a clear focus on the game-changing artificial intelligence (AI) based deep interpretation of DNA information to enable customers to get the best insight in preventable diseases.
Prof. Rolfs commented on the investment as follows: “With MBMV we are extremely happy to have a well-known partner and extremely trustful partner at our side who shares our vision: Empowering people with genomics and medical insights to understand and improve their health to achieve a great and lasting quality of life and save lives”.
About Arcensus
Arcensus is a digital healthcare and diagnostics company that empowers people to take control of their health. The company provides a highest-standard, secure, trusted, and comprehensive medical service based on Whole Genome Sequencing. Arcensus analyses the complete genetic information in human DNA and identifies the predispositions as well as reasons for unclear symptoms with the help of cutting-edge technology including artificial intelligence. The detailed medical report suggests better treatment options and helps individuals take preventive measures to live a healthier and longer life. From our offices in New Jersey – United States, Rostock and Berlin – Germany, a cross-functional team of genetic experts, medical doctors, and data scientists works to make the most sophisticated and best genetic interpretation with medical and health prevention applications accessible to everyone. For more information, visit https://arcensus-diagnostics.com/.
About Mittelstandische Beteiligungsgesellschaft Mecklenburg-Vorpommern (MBMV)
Mittelstandische Beteiligungsgesellschaft Mecklenburg-Vorpommern mbH supports the promotion of regional SMEs by providing capital for the implementation of economic projects. It helps small and medium-sized enterprises in the region to stabilize or expand their market position. In particular, innovative companies with a supra-regional or international focus benefit from the flexible financing offer. For more information, visit: https://www.mbm-v.de/beteiligung/
Jan 21, 2022 | Business
Honda Motor Co., Ltd. today announced that, in December 2021, the company invested in U.S. (California)-based Helm.ai to strengthen its software technology development in the areas of artificial intelligence (AI) and computer vision(1) technologies. Helm.ai has key strengths in the area of AI-based image recognition technologies advanced through unsupervised learning(2).
Helm.ai is an AI software startup established in November 2016, and Honda and Helm.ai have been working in collaboration since 2019 through Honda Xcelerator(3), a global open innovation program of Honda. Honda invested in Helm.ai to strengthen value creation in the efforts to make mobility products more intelligent and to generate greater achievements more quickly. The financing will further strengthen the relationship between the two companies and accelerate development of original solutions for Honda that combine Honda technologies and AI technologies of Helm.ai.
Honda will continue offering highly-competitive and highly-attractive products and services to its customers by establishing relationships through the Honda Xcelerator program with companies which have cutting-edge technologies in various areas.
(1) Technology to recognize specific elements from computer-based visual information and provide necessary information based on the results of such recognition.
(2) Unsupervised learning is one of the methods of machine learning, which supports AI. Unlike supervised learning through which AI learns the correct answers to derive from labeled input data, unsupervised learning lets AI learn without being provided with the correct answers and derives the patterns and unique characteristics of the unlabeled data on its own.
(3) Honda Xcelerator is a global open innovation program designed to facilitate collaboration between startups and Honda. The program is led by Honda Innovations Inc., a subsidiary of Honda Motor Co., Ltd. based in Silicon Valley in the U.S.
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Dec 31, 2021 | Business
ZEAL, an award-winning software consultancy, today announced the commitment to invest 1% of its overall profit into the next generation of technical talent and bridging the digital divide. 50% of the investment went to LEARN academy, who is teaching a new generation of daring and diverse students to be compassionate, curious, and professional web developers. LEARN academy’s guaranteed internship and career services for life are helping to create more career pathways so anyone can enter and excel in the tech industry.
“This investment and donation from ZEAL helps career changers in our community to become software engineers and designers, and addresses the talent gap and lacking representation in tech. We are so happy to partner with ZEAL and what’s possible for the next generation of tech talent.” – Chelsea Kaufman, LEARN academy CEO & Co-Founder
Since 2013, ZEAL has committed a percentage of their profits to organizations like LEARN. This year in addition to LEARN, ZEAL invested in the New Technical Fund which supports organizations like One Digital World and Women in Tech. One Digital World connects refugees worldwide with technical education that is essential to community integration. Women in Tech supports over 70.000 members in 6 continents. They’re on a mission to empower 5M women and girls by 2030 through advocacy, education, and access.
“As leaders, we believe it’s more important than ever to model our values. ZEAL is a principle driven company and bridging the gap is a part of our company’s mission. Through our donations, we are helping to support an ecosystem of change through job seekers looking to upskill, women and girls getting access to technology, digital literacy for asylum seekers and refugees and beyond. I’m honored to work with organizations committed to this work and hope that ZEAL can do more next year.” – Adam Cuppy, ZEAL Co-founder and COO
ZEAL was founded in 2013 to bring integrity and innovation to web and mobile app consulting. The company works with some of the best leaders and companies in technology and in 2021 held their first Virtual Reality Summit, encouraging connection and engagement amongst their distributed teams. They work to bridge the gap through additional programs and initiatives like their software residency program, in partnership with LEARN academy.
About ZEAL:
ZEAL is an award-winning software consultancy that specializes in web and mobile application design and development. Their specialty lies in delivering creative solutions, innovative products, and modernized optimizations, while helping to level up client teams and the overall business. ZEAL has a decade of best practices and processes, developed across industries with their client roster that includes startups to Fortune 500s. Founded in 2013, the company works at the intersection of cutting-edge technology, applications, and human-centric experiences. Learn more at codingzeal.com.
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