The Canada Media Fund has entered into an agreement with the Canadian Trade Commissioner Service to further support digital media productions funded through the CMF’s Experimental Stream by providing access to the TCS’s Canadian Technology Accelerator program.
This agreement will allow eligible projects to achieve greater exposure, raise venture funding, access mentoring and develop new business opportunities.
This announcement coincides with the launch of a CTA program in the United Kingdom while the Honourable Ed Fast, Minister of International Trade was leading a trade mission to the country.
The Canadian Trade Commissioner Service manages the Canadian Technology Accelerators in New York, San Francisco & Silicon Valley, Boston, Denver and Philadelphia, all global clusters for technology and entrepreneurship, and has now been expanded to London, UK at Central Working.
This initiative provides innovative Canadian companies in information and communication technology, digital and social media, gaming, clean technologies, and life sciences with access to unique resources and contacts that can help their international growth.
Since 2009, over 300 companies have participants in CTAs with increased sales, new strategic partners, and new investment. In the past year, CTA participants reported a combined total of over $30 million in capital raised. There are now 11 CTA initiatives.