News for hackers. Stuff that matters.
Re:500 Startups shuts down its Canada fund by Mikeb85 on Tuesday August 01, 2017 @10:46AM (#14901159)
There's plenty of government grants for minority-founded businesses, especially if they're recent immigrants.
Re:500 Startups shuts down its Canada fund by elmar on Tuesday August 01, 2017 @11:13AM (#14901506)
grants are very diferent to seed stage financing and normally preced it.
Re:500 Startups shuts down its Canada fund by I-M-S on Tuesday August 01, 2017 @11:52AM (#14902022)
Could you link to some government grants for recent immigrants? Thanks!
Re:500 Startups shuts down its Canada fund by sdm on Tuesday August 01, 2017 @06:27PM (#14906030)
citation needed
Re:500 Startups shuts down its Canada fund by biggerbistro on Tuesday August 01, 2017 @11:07AM (#14901423)
Why don't they just give this to everyone? Canadian government really loves to favor the new Canadians over the old ones. I don't think it should matter...
Re:500 Startups shuts down its Canada fund by frandroid on Tuesday August 01, 2017 @11:39AM (#14901871)
The government doesn't "favour new Canadians over old ones." That's crap.

The government offers funding to new immigrants because they lack many of the social networks that people who were raised and educated here possess. Also, it's a pretty good investment, as immigrants have a stronger entrepreneurial bone than the average Canadian, due to self-selecting as go-getters (i.e. emigrating).

Re:500 Startups shuts down its Canada fund by biggerbistro on Friday August 04, 2017 @02:10PM (#14930636)
Sorry, immigrants make better entrepreneurs? Is this a fact or just something you pulled out of thin air? Not to mention the fact that allowing only immigrants to benefit from this is discriminatory and directly contradicts your first sentence. What about all the potential native entrepreneurs that might not get their chance to shine due to not being given the same advantages as the foreigners? You should work for government, I think you would fit right in.
Re:500 Startups shuts down its Canada fund by untog on Tuesday August 01, 2017 @11:57AM (#14902096)
A wild guess: immigrants arrive in a new country with very little support from family with existing savings, homes and the like. They often need more of a "leg up" than someone whose family has been in the country for generations.
Re:500 Startups shuts down its Canada fund by ExactoKnight on Tuesday August 01, 2017 @07:34PM (#14906504)
Sorry, but I don't like Hacker News turning into reddit threads where unproven speculation gets read as truth.

Care to provide some substance to your claims with examples of precisely what kinds of funding supports (in $$$) the Canadian government actually gives to new migrants?

There's a common meme out there that refugees get more money than welfare recipients, and it's outright false. (Source: http://www.cbc.ca/news/politics/do-government-assisted-refug...)

Re:500 Startups shuts down its Canada fund by to_bpr on Tuesday August 01, 2017 @01:07PM (#14902922)
we've an extremely weak, hyper image-conscious liberal government... what are you expecting?
[dead]
Re:500 Startups shuts down its Canada fund by frandroid on Tuesday August 01, 2017 @11:40AM (#14901878)
I wish Canada was a socialist country...