The federal government has recently announced the partners for Elevate IP as New Ventures BC, Springboard Atlantic, Mouvement des accélérateurs d’innovation du Québec, Communitech Corporation, and The Governors of the University of Calgary, in support of Innovate Calgary and Economic Development Lethbridge.

The Elevate IP program is a four year, $90 million project starting in 2023 which aims to ensure inclusive access to IP support for Canadian innovators, start-ups and technology-intensive businesses. ElevateIP will help business accelerators and incubators (BAIs) to provide tools that will enable start-ups to understand, strategically manage and leverage their intellectual property (IP). The program will leverage the existing Canadian BAI network to provide targeted IP support to start-ups, including IP education, IP strategies and implementation. ElevateIP will focus on increasing IP awareness and educational opportunities for start-ups, and on developing and implementing IP strategies to help them manage and make the most of their IP assets.

Start-ups and innovators may wish to watch for developments in the ElevateIP program in the New Year to see how the program may support the development or intellectual property portfolios.

See the federal government’s statement here.