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> But as soon as the company gets big FTA: 'A lack of successful “scale-up” tech firms in Canada has been cited as one of the reasons research development spen
by mmt 9y ago
> But as soon as the company gets big
FTA: 'A lack of successful “scale-up” tech firms in Canada has been cited as one of the reasons research development spending and productivity here have lagged other developed countries.'
> but they have a really hard time attracting local capital.
So is the problem, then, that "trying" has, so far, involved running incubators and grants and what's necessary, in addition, is incentivizing local capital to invest?
Other commenters have suggested tax breaks, which I personally believe is a state's greatest incentive "lever". Perhaps a lower (maybe even zero) capital gains tax rate on startup investments?
Otherwise, it doesn't seem like there's been any aggressive encouragement/funding/facilitation, as proposed by the parent comment.