Ok, I think this is pretty big news, and i think it couldn’t have happened at a better time.

“Garage Technology Ventures, a seed-stage and early-stage venture fund based in Palo Alto, today announced the launch of Garage Technology Ventures Canada, LP, a $50 million ($Canadian) fund that will support emerging technology startups in Canada and leverage the Garage links to Silicon Valley and the broader U.S. technology community. Garage Canada represents the first affiliate fund for Garage Technology Ventures.”

Canada needed a wake up call and this is it.

“The Garage Canada Fund enables us to tap a very strong wellspring of innovation and talent in Canada, and span the North American continent” says said Bill Reichert, managing director of Garage Technology Ventures.

I think there will be alot of great things to come from this move. Lets face it they have made some great moves in the past.

I think the Canadian market is perfect for this type of investment, we have some tremendously smart people out there with great ideas Conservative bankers of Canada better take note.

I will be keeping an eye in the future.

Cheers to Guy and Co

Scott

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