By Andrew Foote, CBC News

An Ottawa centre that hopes to help small businesses grow and develop new products is getting $8 million from the federal government as it readies to open in the fall.

Published By: Ottawa Business Journal

Federal Minister of Innovation, Science and Economic Development Navdeep Bains announced Wednesday the federal government will invest up to $8 million in the Innovation Centre at Bayview Yards.

by Jessica Galang

The Innovation Centre at Bayview Yards in Ottawa announced an $8 million injection from FedDev Ontario for new programming and technology at the first entrepreneurship hub of its kind in Ottawa.

by Jennifer McIntosh

Everything is on track for the opening of the city’s Innovation Centre at Bayview Yards, said Saad Bashir, the city’s director of economic development and Innovation.

The city is expected to match the $15 million in provincial funds dedicated to the project, and is hoping to receive news of federal funding for the incubation hub soon. Start-up businesses that can't afford to lease space are expected to take advantage of the space.

By Kate Porter
CBC News

Behind locked doors at a municipal building in the Ottawa suburb of Orléans, Tony Bailetti is quietly working on a plan to turn Canada into a global powerhouse for fighting cyberattacks.

The professor is known for nurturing more than 200 companies in his job straddling Carleton University's business and engineering departments.

These days, he jokes that he practically sleeps at VENUS Cybersecurity, a non-profit hub he created in a former town council office.

Tony Bailetti, director of Carleton University’s Technology Innovation Management (TIM) program, has won Ontario’s Leadership in Immigrant Employment Award in the entrepreneur category.

Scotiabank – Ottawa won the award in the employer category and the Ontario Human Rights Commission in the champion category.

The Hon Michael Chan, Minister of Citizenship, Immigration and International Trade, presented the three awards at a ceremony held in Toronto on March 7.

InteractiveStudios Inc. to Supply a Smart Interactive Digital Signage System to the Carleton-led Accelerator

Ottawa, Ontario, February 21, 2015 InteractiveStudios Inc. will supply the dozens of young entrepreneurs at the Carleton-led Accelerator one of the smartest interactive digital signage system on the market.