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The Interactive Digital Media Fund (IDMF) is an Ontario government funding program supporting the development of interactive digital media projects that educate, inform, and/or entertain end users. Applicants are encouraged to apply during two annual intake periods to secure additional project funding and improve their final product.
Last week, Soundpays was announced as the winner of NTT Data’s Open Innovation Contest in Toronto. This was one of 10 global competitions NTT will be hosting around the world, from London to Tel Aviv to Sao Paulo. The winners from each country will face off in the finals in Tokyo for a cash prize, potential collaborations with NTT, and of course, bragging rights.
This week, several Canadian startups have made announcements, launching new features, partnerships, and more. Here’s the latest on Canada’s movers and shakers.
There’s a strange dance that startups weave when it comes time to think about exit strategy. If you actually approach buyers and say you’re for sale, often buyers wonder what’s wrong. Why does this company want to sell? Are their best days behind them? Do they have no ambition? Are they not able to raise money?