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Aldo Baiocchi, the founder of Daymak Inc., stands next to his unique wireless electric bike called the Shadow Ebike at his business headquarters in Toronto.

If small businesses are the engines driving the Canadian economy, those engines are running out of gas.

When the dot-com bubble burst, venture capitalist funds and angel groups worldwide were hit hard. While many have recovered in the ensuing decade, Canada’s startup funding continues to experience a drought.

“We are definitely in a crisis,” said Greg Smith, managing director of Brookfield Financial and president of the Canadian Venture Capital and Private Equity Association (CVCA).

To read the full, original article click on this link: Where’s the money? | Entrepreneur | Financial Post

Author:Jameson Berkow