Government Supports Innovation in the GTA

Toronto, Ontario —Ten businesses will work with Centennial College to develop new technologies, help conduct research and bring ideas to market, thanks to an investment from the Federal Economic Development Agency for Southern Ontario. Today, the Honourable Maxime Bernier, Minister of State (Small Business and Tourism), celebrated the collaborations between Centennial College and small- and medium-sized enterprises.

Call for FedDev Proposals: Industry Outreach Events

To raise awareness among small and medium-sized Ontario businesses about an opportunity to gain competitive advantage through joint pre-commercialization projects with Centennial, the Applied Research and Innovation Centre (ARIC) hosted two industry outreach events on February 24 and March 3, 2011. These workshops were information sessions on the Applied Research and Commercialization Initiative sponsored by FedDev Ontario. Centennial had received $525K to fund ten partnership projects through FedDev.

Centennial College Receives Federal R&D Funding

Centennial College is receiving $525,000 in federal funding for research and development.

The Applied Research and Innovation Centre will receive the funding over a two-year period to support applied research in energy and sustainable development, digital gaming and animation and wireless networking and services. A total of 10 industry-driven projects will be completed.

The funding come from the $15-million Applied Research and Commercialization Initiative, a pilot project aimed at addressing the gap between research and commercialization in southern Ontario, and encouraging collaboration between small- and medium-sized businesses and post-secondary institutions such as Centennial. The initiative is part of Canada's Economic Action Plan.