CEO Message

The first few weeks of 2024 have been busy as the Profound Impact team continues to work with universities and colleges and industry partners across Canada to deploy our AI-powered Research Impact tool, which matches researchers with the best research funding opportunities in their field and helps find industry partners to support successful grant applications. Through our innovative new partnership with CS-Can|Info-Can, the first of a series of collaborations with researchers across Canada, Profound Impact is providing CS-Can|Info-Can member Computer Science departments and researchers with free evaluations of Research Impact. Interested in learning more about Research Impact? You can view a video here or sign up for a live demonstration during one of the bi-weekly Demo Days that the Profound Impact team will be presenting throughout 2024.

I was pleased to share my insights on building Profound Impact’s team and our successful and healthy small business culture in the Grow a Small Business podcast. Profound Impact and my work were also featured in an edition of Women’s Biz podcast, where I talked about my journey in information security, my role in commercializing Elliptic Curve Cryptography, and the inspiration behind founding Profound Impact.

In August of 2023, Profound Impact announced the successful close of a $3.125 million pre-seed funding round of nearly all female investors, including many first-time angel investors. Inspired by this achievement, I joined forces with Profound Impact board chair Deborah Rosati and Lara Zink, VP of Client Service and Development at Delaney Capital Management, to create Women Funding Women Inc. (WFW). This collective, which challenges the status quo in the venture capital world and with first-time female angel investors by breaking barriers and building bridges for a more inclusive investment community, will launch in Toronto on February 7. You can read more about how WFW plans to change the VC landscape in Disruption Magazine’s recent article.

In this month’s Impact Story, you’ll meet WFW co-founder Lara Zink and learn more about her journey from working as a political aide to a successful career in finance. In our Researcher Spotlight, we profile Dr. Luigi Benedicenti, Professional Engineer, researcher and Dean of the Faculty of Computer Science at the University of New Brunswick, whose career took him from Genoa, Italy to Regina, Saskatchewan to Atlantic Canada.

We hope you enjoy this month’s edition of Profound Connections!

Sherry Shannon-Vanstone

PARTNERSHIP TO TRANSFORM COMPUTER SCIENCE RESEARCH FUNDING IN CANADA

FOR IMMEDIATE RELEASE

A recent partnership between CS-Can|Info-Can and tech startup Profound Impact creates the potential for Computer Science researchers to access new sources of funding.

WATERLOO, ON | JANUARY 23, 2024 Profound Impact™ Corporation, a technology company based in the Toronto-Waterloo corridor, is excited to announce its partnership with CS-Can|Info-Can, an organization with over 60 member Computer Science departments across Canada that aims to foster excellence in Computer Science research and higher education. 

As part of this partnership, Profound Impact will provide CS-Can|Info-Can member Computer Science departments and researchers with free evaluations of Research Impact, Profound Impact’s AI-driven researcher to funding matching tool. Research Impact uses proprietary AI-powered algorithms to match industry and academic researchers with the over $300-billion available in funding opportunities worldwide.

“We are thrilled to embark on this transformative partnership with Profound Impact™ Corporation, as it signifies a significant stride forward for our CS-Can|Info-Can members. Profound Impact’s commitment to providing free evaluations of Research Impact, their cutting-edge AI-driven researcher-to-funding matching tool, aligns perfectly with our mission to foster excellence in Computer Science research and higher education across Canada. This collaboration opens doors for our member Computer Science departments and researchers, addressing the funding challenges that often hinder the expansion of vital research initiatives. We believe this partnership marks the beginning of a fruitful series of collaborations, empowering our members to achieve their funding goals and contribute to the advancement of Computer Science research in Canada.” says Gina van Dalen, Executive Director CS-Can|Info-Can.

This partnership with CS-Can|Info-Can is the first of a series of collaborations with researchers across Canada as Profound Impact works with industry leaders and researchers to initiate new research funding connections to help Canadian research institutions and their partners meet their funding goals.

“Computer Science research drives technological innovation. Yet many researchers and departments struggle to find funding to continue and expand their research,” says Profound Impact President & CEO, Dr. Sherry Shannon-Vanstone. “We are excited to offer this solution to the CS-Can|Info-Can membership. We all succeed when researchers get the funding they need to continue to innovate.”

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ABOUT PROFOUND IMPACT CORPORATION 

Based in the Toronto-Waterloo technology corridor, Profound Impact’s AI-powered tool – Research Impact – helps academic and industry researchers find the perfect funding match. With over $300 Billion in research funding opportunities, 100,000s industry partners and 8.8 Million researchers globally, finding the optimal grant for academic and industry innovators is often overwhelming and unnecessarily time-consuming.  More than just a search engine, Research Impact offers automatic, targeted and timely matching.  Profound Impact’s customers include top North American research institutions, universities and industry partners.  CEO and Founder Sherry Shannon-Vanstone is a serial technology entrepreneur with an unparalleled track record.  She has had five successful start-ups and exits in Silicon Valley and Canada, including two IPOs and acquisitions.    

About CS-Can|Info-Can

CS-Can|Info-Can counts among its members more than 60 Canadian organizations active in computing research: academic departments of computer science and computer engineering; laboratories and centres in industry, government, and academia; and affiliated professional societies. CS-Can|Info-Can works with these organizations to represent the computing research community and to effect change that benefits both computing research and society at large.

Visit us at www.profoundimpact.com

Connect with us at 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

YouTube: @profoundimpactcorporation

For media inquiries, please contact:

Scott Hamilton

Durrell Communications

scotth@durrellcomm.com

media@profoundimpact.com 

CEO Message

Happy 2024!

Profound Impact is excited to start the new year with the announcement of a new partnership with CS-Can|Info-Can, a professional organization representing more than 60 Computer Science departments and faculties across Canada.

CS-Can|Info-Can and Profound Impact worked together in 2023 to produce two webinars on researcher and industry collaboration. Recordings of those webinars are available for viewing here.

This new partnership provides an exciting benefit to the CS-Can|Info-Can members – a free evaluation of Research Impact, which uses advanced AI to match researchers with the best research funding opportunities in their field and helps find industry partners to support successful grant applications.

Would you like to see Research Impact in action? You can view a video here or sign up for a live demonstration during one of the bi-weekly Demo Days that the Profound Impact team will be presenting throughout 2024.

This month, we’re proud to present profiles of two 2023 Impactful Action Award finalists. These finalists exemplify what it means to make a profound impact in the world, and we are honoured to share their stories. You’ll meet Leigh Zachary Bursey, an activist, journalist, former three-term politician, singer-songwriter, recording artist, and author, and Lynn Smith, a proud member of the Peavine Métis Settlement who is leading her northern community through a significant change to take control over monitoring the impact of climate change on their land and waterways.

The Profound Impact team is excited about our plans for 2024 and looks forward to sharing those with you. Enjoy this month’s edition of Profound Connections and best wishes for a productive and happy new year!

Sherry Shannon-Vanstone