Fantastic. I'd love to see Canada do something like this.<p>Is anyone aware of municipalities that already do this sort of thing at a city-wide level? Any that come to mind as doing it particularly well? I live in a city that is desperately trying to reinvent itself (Hamilton, Ontario) and I'm curious about these sorts of programs and their successes (and failures).
Its too bad the matching funds aren't available to the companies themselves and not just the investors. It would be great to be able to double your investment round with a government matching grant.