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CITO introduces new investment program, Ottawa company wins money

News | 09/23/2003 4:00 am EDT

Communications and Information Technology Ontario (CITO) has unveiled details of its new $1-million Accelerator Investment Program, the aim of which is to give emerging communications and IT start-ups a financial boost to prove their technology is viable. Ottawa-based TenXc Wireless is the first company to receive money from the program, and the head of the not-for-profit organization tells Report on Wireless that more funding announcements are forthcoming.

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