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Government of Canada Announces First Eight Canadian Businesses to Be Included as Part of 'Global Hypergrowth Project' (Two from BC)
Monday, July 24, 2023
Vancouver, BC, July 24, 2023--(T-Net)--The Government of Canada, through its Innovation, Science and Economic Development Canada agency, announced today the first eight Canadian businesses to be included as part of its new 'Global Hypergrowth Project'.
The Global Hypergrowth Project will provide each of the eight firms with dedicated wraparound support that is tailored to its needs, in order to help these businesses grow into anchor firms.
A dedicated account executive will act as a champion for the company, providing mentorship and expertise, facilitating connections to federal resources and helping navigate today's business ecosystem.
This includes help with expanding internationally, acquiring talent, navigating funding opportunities, protecting intellectual property, identifying export opportunities and participating in procurement processes.
The businesses include:
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Ultimately, by working with these firms and federal partners, Global Hypergrowth Project account executives hope they can identify opportunities to create innovative pathways to help businesses grow, and scale globally, while keeping their roots in Canada, creating Canadian jobs and growing our economy.
Firms were selected after an initial public callout and a rigorous and independent evaluation process. A private sector panel of experienced business leaders supported the process by reviewing submissions and offering recommendations.
"Canada's greatest strength is our people. Through the Global Hypergrowth Project, our government is working with some of the country's most promising businesses to help them reach new heights around the world, while keeping operations, profits and jobs anchored here at home." stated Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development.
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