Qu\u00e9bec\u2019s Mila, a leading AI institute, is in the early stages of developing a venture capital fund aimed at turning its research output into commercial ventures. Jonathan Shaanan, former managing partner of Circle K Ventures, has joined Mila as a strategic advisor to spearhead this initiative. The fund aims to amplify the number of startups emerging from Mila\u2019s talent pool and ensure many are established in Canada. Although still in exploration phases, strong interest has been expressed by strategic partners, including some American VCs. The initiative comes at a time when concerns about tech talent migrating to the US are intensifying. Mila\u2019s efforts are part of a broader strategy to retain talent and boost startup creation in Canada. Founded in 1993 by Yoshua Bengio, Mila has grown into a joint initiative with academic institutions like Universit\u00e9 de Montr\u00e9al and McGill University, supported by the federal government’s Pan-Canadian AI Strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"
Qu\u00e9bec\u2019s Mila, a leading AI institute, is in the early stages of developing a venture capital fund aimed at turning its research output into commercial ventures. Jonathan Shaanan, former managing…<\/p>\n","protected":false},"author":1,"featured_media":951,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[178],"tags":[1969,414,14202,14201,267],"class_list":["post-11466","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ai-commercialization","tag-canada-startup-news","tag-montreal-ai-initiatives","tag-tech-talent-retention","tag-venture-capital"],"acf":[],"yoast_head":"\n