It's good see Iotum come home from Phoenix with a 2006 Demo God Award - a nice laurel for Alec Saunders and Howard Thaw, who have been toiling away trying to sell their innovative relevance-engine telecom software to carriers, ISPs and investors for the past year. Maybe   this will be what Iotum needs to attract VC support. I'm willing to bet they may even get some calls from Canada's conservative financing community now that Iotum has been given the official stamp of approval. Truth be told, there are simply a lack of Iotums in Canada. For all the talk that we're a world-class innovation country, there's a troubling lack of high-tech entrepreneurs, start-ups and financing to really make it happen. Even Web 2.0 services, which cost little to develop, are few are far between at a time when Silicon Valley is flush with interesting start-ups (even if few of them real business models.)