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SPARK Microsystems Announces CDN$17.5 Million Financing

SPARK Microsystems Announces CDN$17.5 Million Financing Montreal, Canada, February 16, 2021 – SPARK Microsystems, a fabless semiconductor company leading the way in ultra-low power, ultra-low latency wireless communications, announces the closing of a CDN$17.5 million equity financing to accelerate commercialization. Led by Cycle Capital, the round included new investors ND Capital (a Silicon Valley and Europe-based venture capital firm dedicated to disruptive technologies) and Export Develo...
United States United Kingdom Paul Jacobs Paule Jacobs Frederic Nabki Amit Srivastava

Lender Protection in PDP Loans From Airline Bankruptcies

Friday, February 19, 2021 The purchase agreement between an aircraft manufacturer and its customer will call for the customer to pay installments of the purchase price between the time the agreement is entered into and the delivery of the aircraft. These installments are called progress payments or predelivery payments ("PDPs") and can be significant, especially in regard to a fleet purchase over many years. Normally the aircaft buyer pays the PDPs with its own funds. It may finance t...
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Public Banks | Queen's University Gazette

Wednesday February 17, 2021 By David McDonald, Professor, Global Development, and Thomas Marois, Senior Research Fellow Patient Finance and Banking, Institute for Innovation and Public Purpose, UCL Public banks around the world are working towards the public good during COVID-19. The Canada Infrastructure Bank, however, seems focused on privatizing critical public services instead of ensuring vital infrastructure across the country is built or maintained. (Unsplash/ C Dustin) Most Canadians co...
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Source: queensu.ca

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COVID-19 illustrates why Canada needs more — and better — public banks

COVID-19 illustrates why Canada needs more — and better — public banks The Conversation 2021-02-16 David McDonald, Professor, Global Development, Queens University, Ontario and Thomas Marois, Senior Research Fellow Patient Finance and Banking, Institute for Innovation and Public Purpose, UCL © THE CANADIAN PRESS/Andrew Vaughan Public banks around the world are working towards the public good during COVID-19. The Canada Infrastructure Bank, however, seems focused on priv...
North Dakota United States Costa Rica Business Development Bank People Bank Canada Infrastructure Bank
Source: msn.com

COVID-19 illustrates why Canada needs more — and better — public banks

Most Canadians could be forgiven for not knowing what a public bank is. We do have some — the Alberta Treasury Branch , the Business Development Bank , the Export Development Canada and the Canada Infrastructure Bank — but they are relatively low profile and have narrow mandates.
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Source: menafn.com

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