# Ottawa Promises $1.75 Billion for Canadian Startups

> Canada's government pledges $1.75 billion to support homegrown tech and startups.
- Title: Ottawa Promises $1.75 Billion for Canadian Startups | Shortify
- Summary: Canada's government pledges $1.75 billion to support homegrown tech and startups. The federal government will invest $1.75 billion to keep Canadian startups…
- Keywords: canada, startups, federal government, venture capital, technology, ottawa, money, business, Promises, Billion, Canadian, Financialpost
- Source: Financialpost — https://financialpost.com/technology/ottawa-promises-billion-keep-startups-canada
- Read time: 1 min
- Topics: canada, startups, federal government, venture capital, technology, ottawa, money, business
## Government Investment Plan
The federal government says it will invest $1.75 billion to support startups and keep them in the country.
## Early-Stage Funding
The first part of the plan directs $75 million towards pre-seed and seed-stage companies in R&D-intensive sectors.
## Growth-Stage Funding
The plan allocates $675 million for later- and growth-stage businesses to scale their operations.
## Venture Capital Catalyst
Ottawa will provide $1 billion starting in fiscal 2026 to 2027 for venture capital funds supporting Canadian companies.
## Industry Response
Canadian tech leaders say the new investments will improve access to domestic capital for homegrown startups.
## Key takeaway

The federal government will invest $1.75 billion to keep Canadian startups in the country through targeted funding for early-stage and growth-stage businesses.