U.S. Markets closed

Canadian Innovation Centre (CIC) Announces GrowthLogic Inc. as Succession RFP Winner

CIC CEO Josie Graham & GrowthLogic CEO Peter Henry attend OCE Discovery 2018 to kick off transition, automation, scaling for global markets

TORONTO, April 30, 2018 /PRNewswire/ -- Following a competitive RFP process, the Canadian Innovation Centre (CIC) is proud to announce that GrowthLogic Inc. has been selected to acquire the Centre's assets.

The competitive bid process included several organizations from across the country. Ultimately, it was determined by the CIC board that GrowthLogic is the organization best equipped to build on the CIC legacy moving forward. Under the guidance of Josie Graham, the CIC has become recognized as a world leader with methodologies including the Critical Factors Assessment (CFA) which has a proven predictability factor of 80% in determining the success of innovative ventures.

"Like the CIC, GrowthLogic's goal is to support companies wanting to commercialize their products and services," remarked Josie Graham, CEO of CIC, "GrowthLogic is experienced, capable and dedicated to taking the CIC methods online to a global audience of entrepreneurs. At OCE Discovery 2018, we start our transition to GrowthLogic by directly engaging with our community of innovators together."

The Canadian Innovation Centre (CIC) is a Waterloo-based national, not-for-profit organization dedicated to helping innovators, inventors, and entrepreneurs transform their ideas into market successes. Since its founding over 30 years ago, the centre has provided expertise to over 20,000 people and their companies.

GrowthLogic intelligently nurtures and monitors business growth for entrepreneurs and existing businesses. GrowthLogic is currently introducing the first automated entrepreneurial learning management solution that delivers real-time analytics and valuable data to optimize and monitor investment decisions. Incorporating a proven framework and methodology, the GrowthLogic system automatically guides progress and facilitates wide-ranging business support.

For more information please contact:

Josie Graham, CEO Canadian Innovation Centre 
jgraham@innovationcentre.ca

Related Images

canadas-pioneer-innovation-centre.jpg
Canada's pioneer innovation centre for entrepreneurs

automating-and-scaling-support-for.jpg
Automating and scaling support for entrepreneurs globally

Related Video

http://www.youtube.com/watch?v=m4kpx9stG8o

Cision

View original content with multimedia:http://www.prnewswire.com/news-releases/canadian-innovation-centre-cic-announces-growthlogic-inc-as-succession-rfp-winner-300639221.html

  • CNBC’s Jim Cramer says stock market is in ‘a very serious correction’ — and there’s nowhere to hide
    News
    MarketWatch

    CNBC’s Jim Cramer says stock market is in ‘a very serious correction’ — and there’s nowhere to hide

    Jim Cramer, CNBC’s “Mad Money” host and a prominent fixture among market commentators, on Monday said the market is enduring “a very serious correction,” underscored by the fact that there are few fundamental reasons for the market’s current downtrend. During CNBC’s “Halftime Report,” Cramer said notable is a slump in shares of so-called FANG names — the highflying quartet of Facebook Inc. (FB) Amazon.com Inc. (AMZN) Netflix Inc. (NFLX)and Google parent Alphabet Inc. (GOOGL)(GOOG) that are among the most influential on Wall Street due to their massive market values and the degree by which investors have piled into those investments for hope of consistent growth. All of those companies are in a corrective phase, defined as a drop of at least 10% from a recent peak, and Netflix and Facebook shares have shed around a third of their values since hitting 52-week peaks.

  • Why Edison International Stock Is Surging Today
    Finance
    Motley Fool

    Why Edison International Stock Is Surging Today

    Shares of Edison International (NYSE: EIX) rebounded more than 12% by 10:30 a.m. EST on Friday after the utility provided an update on its restoration efforts following the Woolsey and Hill wildfires in Southern California. Southern California Edison (SCE), which is a subsidiary of Edison International, updated the market on the company's efforts to restore power to the communities impacted by fires in Southern California. SCE noted that it had restored power to 39,094 of the customers that lost it due to the wildfires, which was 86% of the total.

  • Alexandria Ocasio-Cortez, the youngest woman ever elected to Congress, is down to less than $7,000 in savings
    Finance
    CNBC

    Alexandria Ocasio-Cortez, the youngest woman ever elected to Congress, is down to less than $7,000 in savings

    Alexandria Ocasio-Cortez, a 29-year-old Democrat who will represent the 14th Congressional District of New York, is the youngest woman ever elected to Congress and until recently worked in food service. The family sold its house in Yorktown in 2016 for $355,000 .

  • Warren Buffett Continues to Avoid Ford, Adds More GM Shares
    Finance
    Market Realist

    Warren Buffett Continues to Avoid Ford, Adds More GM Shares

    On November 14, Warren Buffett’s Berkshire Hathaway revealed in its 13F filings that the company added more General Motors (GM) shares to its portfolio. In the third quarter, Berkshire Hathaway bought ~1.06 million shares of the largest US automaker (XLY) after adding ~1.4 million shares in the second quarter. Berkshire Hathaway’s total stake reached 52.46 million shares in the third quarter—compared to 51.39 million shares in the second quarter.

  • Don’t Sell Advanced Micro Devices Stock Because of Nvidia
    Finance
    InvestorPlace

    Don’t Sell Advanced Micro Devices Stock Because of Nvidia

    A case of tough love for Advanced Micro Devices (NASDAQ:AMD) just got a bit more difficult, as misery loves company in a challenging market environment. If investors can look smartly past the latest bear market warnings, it’s time to put AMD stock on the radar for buying. Blame it on Nvidia (NASDAQ:NVDA).

  • Cramer: Nvidia got it so wrong no one will trust CEO for ...
    Business
    CNBC Videos

    Cramer: Nvidia got it so wrong no one will trust CEO for ...

    CNBC's Jim Cramer discusses Nvidia's performance as chip stocks get slammed.

  • Finance
    Investopedia

    3 Casino Stocks ‘Too Cheap to Ignore’: Bernstein

    In a note to clients on Thursday, Bernstein's Vitaly Umansky initiated coverage on four of the largest U.S. gambling companies, who have all sharply underperformed the broader market this year, as outlined by Barron's. Shares of Las Vegas Sands Corp. ( LVS) and MGM Resorts International ( MGM) have sunk 22.4% and 20.6% YTD, respectively. While some of the downside can be attributed to company-specific headwinds, like allegations of sexual misconduct at Wynn, the Bernstein analyst noted that most of the negative sentiment has been driven by disappointing Macau gambling data.

  • Report: Southwest swapped out flight-control sensors like those alleged in Indonesian crash
    Finance
    American City Business Journals

    Report: Southwest swapped out flight-control sensors like those alleged in Indonesian crash

    In the weeks before a Lion Air flight crashed off the coast of Indonesia, Southwest Airlines replaced two of the same type of sensors that have been alleged in the accident. Information about swapping the malfunctioning sensors was found in a review of Southwest (NYSE: LUV) maintenance records by the Wall Street Journal. The Journal reported that the sensors involved the Boeing 737 MAX 8 aircraft, the same plane that crashed in Indonesia.

  • What’s Verizon’s Dividend Yield?
    Finance
    Market Realist

    What’s Verizon’s Dividend Yield?

    The Latest from Verizon: Cost Savings, Dividends, and Valuation (Continued from Prior Part) Verizon’s dividend yield Verizon (VZ) remains committed to paying higher dividends. The telecom company has declared a quarterly dividend of $0.60 per share in

  • Four Ways GE’s Crisis Could Play Out
    Business
    Bloomberg

    Four Ways GE’s Crisis Could Play Out

    The dramatic decline has left investors wondering about the worst-case scenario for the industrial icon. As new Chief Executive Officer Larry Culp tries his hand at a turnaround, the possibilities span everything from a prolonged fight for survival to a swift journey to the junkyard. Revenue growth and profit margins might suffer, but GE would have a shot at regaining a higher credit rating and reflating its dividend, winning back investors.

  • Hedge-fund boss who predicted ‘87 crash says get ready for some ‘really scary moments’
    News
    MarketWatch

    Hedge-fund boss who predicted ‘87 crash says get ready for some ‘really scary moments’

    ‘From a markets perspective, it’s going to be interesting. Paul Tudor Jones, a hedge-fund luminary, said he’s stress-testing his portfolio of corporate debt because he expects a tumultuous road ahead on the back of the Federal Reserve’s apparent commitment to normalizing interest rates and buttressed by corporate tax cuts from the Trump administration. Speaking at an economic forum in Greenwich, Conn., a hotbed for hedge funds, Jones said the Fed faces real challenges amid “the end of a 10-year run” of economic growth that many anticipate will soon come to a screeching, cyclical end.

  • Why PG&E Stock Just Rebounded 35%
    Business
    Motley Fool

    Why PG&E Stock Just Rebounded 35%

    With the risk of PG&E Corporation (NYSE: PCG) incurring catastrophic losses from its (presumed) role in California's "Camp Fire" wildfire growing by the day, the company received a rare bit of good news today. PG&E faces many billions of dollars worth of potential liability from the still-raging and uncontained Camp Fire wildfire -- on top of billions more in potential liability from other wildfires it may have played a part in creating in 2017.

  • Google Cloud CEO Greene being replaced by Oracle exec Tho...
    Business
    CNBC Videos

    Google Cloud CEO Greene being replaced by Oracle exec Tho...

    CNBC's Josh Lipton reports that Diane Greene, CEO of Google Cloud, is being replaced.

  • Facebook investors call on Mark Zuckerberg to resign as chairman following damaging report 
    Business
    The Telegraph

    Facebook investors call on Mark Zuckerberg to resign as chairman following damaging report 

    Facebook investors have called on the company’s chief executive Mark Zuckerberg to step down as chairman, following reports that the company hired a public relations firm to smear its critics by drawing links to George Soros. Jonas Kron, a senior vice president at Trillium Asset Management, a US investor which owns an £8.5m stake in Facebook, last night called on Mr Zuckerberg to step down as board chairman in the wake of the report.

  • NVIDIA Corporation (NVDA) vs. Netflix Inc (NFLX): Here is What Hedge Funds Think
    Finance
    Insider Monkey

    NVIDIA Corporation (NVDA) vs. Netflix Inc (NFLX): Here is What Hedge Funds Think

    NVIDIA Corporation (NASDAQ:NVDA) shareholders have witnessed a decrease in hedge fund sentiment during third quarter. Some hedge fund managers might have sensed the looming demand declines and bolted out. Today, NVIDIA shares plunged more than 19%.

  • The 9 Best Stocks to Buy for the Next Decade
    Finance
    InvestorPlace

    The 9 Best Stocks to Buy for the Next Decade

    A few years ago, InvestorPlace contributor Dan Burrows highlighted the 10 best-performing S&P 500 stocks of the past decade. A classic example of how true this is involves the Fidelity Magellan Fund (MUTF:FMAGX), the large mutual fund made famous by portfolio manager Peter Lynch. Fidelity studied the returns of Fidelity Magellan unitholders over those 13 years to see how they compared to the legendary portfolio manager.

  • 3 Dividend Stocks Ideal for Retirees
    Business
    Motley Fool

    3 Dividend Stocks Ideal for Retirees

    Retirees are looking for safety and a reliable income stream from their investments. On that note, keep reading to see why our contributors recommend Pfizer (NYSE: PFE), Realty Income (NYSE: O), and AT&T (NYSE: T). George Budwell (Pfizer): If you're looking for a fairly safe income play in your retirement years, big-pharma giant Pfizer should definitely be on your radar.

  • Trump says U.S. may not impose more tariffs on China
    Business
    Reuters

    Trump says U.S. may not impose more tariffs on China

    U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list. Trump has imposed tariffs on $250 billion of Chinese imports to force concessions from Beijing on the list of demands that would change the terms of trade between the two countries. China has responded with import tariffs on U.S. goods.

  • Google Cloud CEO Diane Greene to Leave; Kurian Steps In
    Business
    Bloomberg

    Google Cloud CEO Diane Greene to Leave; Kurian Steps In

    Greene, 63, will remain CEO through January, working with Kurian, who will join the Alphabet Inc. unit Nov. 26. Greene said in a blog post that she will stay as an Alphabet board member. During her tenure in charge of one of the internet giant’s central units, Greene rapidly expanded the business, hiring a major new salesforce and investing hundreds of millions of dollars in data centers and undersea cables.

  • Which Marijuana Stock Won Earnings Week -- Aurora Cannabis, Canopy Growth, Cronos Group, or Tilray?
    Business
    Motley Fool

    Which Marijuana Stock Won Earnings Week -- Aurora Cannabis, Canopy Growth, Cronos Group, or Tilray?

    For several leading Canadian marijuana growers, this was a big week. Four of the biggest players in the Canadian cannabis industry reported their quarterly results: Aurora Cannabis (NYSE: ACB), Canopy Growth (NYSE: CGC), Cronos Group (NASDAQ: CRON), and

  • Former Halliburton CFO draws $1.4 million severance payment
    Finance
    American City Business Journals

    Former Halliburton CFO draws $1.4 million severance payment

    The former CFO of Halliburton Co. (NYSE: HAL), Chris Weber, will draw severance from the company in exchange for a number of limitations, from a non-compete and non-solicitation clause to an agreement on what he can say publicly about the company going forward.  Halliburton will pay Weber a one-time $1.4 million severance payment, and his restricted stocks awarded under the company’s stock and incentive plan will vest, according to a filing with the U.S. Securities and Exchange Commission. Weber had $3.16 million in unvested shares at the start of the year, according to Halliburton’s most recent proxy statement. Halliburton will also pay Weber $15,000 in lieu of outplacement or financial planning services, according to the SEC filing.

  • Delta adds 10 more A330s to fleet to replace older aircraft and bolster international growth
    Finance
    American City Business Journals

    Delta adds 10 more A330s to fleet to replace older aircraft and bolster international growth

    Delta Air Lines is buying 10 additional A330-900neo jetliners under an agreement with Airbus and Rolls-Royce, in an effort to replace its older widerbody jets and increase fuel efficiency. Delta hasn't disclosed its exact delivery schedule yet. The expansion from 25 to 35 A330-900neos is part of a companywide makeover to upgrade its fleet, including the rollout of the new Boeing 737-900sERs, Airbus A350s, Airbus A321s and its first ever A220-100 passenger jets.

  • Hedge Funds Are Finally Buying Apple Inc. (AAPL) Again After A Year of Selling
    Finance
    Insider Monkey

    Hedge Funds Are Finally Buying Apple Inc. (AAPL) Again After A Year of Selling

    The NASDAQ and Russell 2000 indices are already in correction territory. More importantly, the Russell 2000 ETF (IWM) underperformed the larger S&P 500 ETF (SPY) by about 4 percentage points in October. Hedge funds and institutional investors tracked by Insider Monkey usually invest a disproportionate amount of their portfolios in smaller cap stocks.

  • Nvidia loses an AMD worth of market cap on worst day for stock in more than a decade
    News
    MarketWatch

    Nvidia loses an AMD worth of market cap on worst day for stock in more than a decade

    Nvidia Corp.’s stock plummeted Friday for its worst one-day drop in more than a decade, as a disappointing earnings report cost the graphics-chip specialist more than $23 billion in market capitalization. Nvidia (NVDA) shares closed down nearly 19% at $164.43 in heavy trading, and are now down 15% for the year. Shares closed at their lowest price since Sept. 8, 2017, when they finished at $163.69, and the company’s market capitalization finished the day just below $100 billion at $99.97 billion.

  • AT&T: Wall Street Recommendations and Price Targets
    Finance
    Market Realist

    AT&T: Wall Street Recommendations and Price Targets

    The Latest from AT&T: Outlook, Deleveraging Plan, and 5G (Continued from Prior Part) Analysts on AT&T stock According to data compiled by Reuters as of November 13, 53% of the 32 analysts covering AT&T (T) stock have given it a “hold” rating. Only 38