Western Innovation Initiative Returns
The Western Innovative Initiative (WINN) will return in the fall of 2014 with a second round of funding. The five-year, $100 million federal funding initiative lists the following objectives: Commercialize innovative technology-based products, processes and services; Stimulate greater private sector investments in commercialization activities; Increase the number of jobs for highly qualified personnel in Western […]
CICP Relaunched as Build in Canada Innovation Program (BCIP) to Bridge Technology Gap Through Government Acquisitions
The Honourable Rona Ambrose announced that the Canadian Innovation Commercialization Program (CICP) has received permanent commitment under the new name Build in Canada Innovation Program (BCIP), which aims to bridge the technology gap between the R&D stage of projects and the pre-commercialization phase through government acquisitions. The announcement was made at the WesDef, western Canada’s […]
Reactions to The U.S. Bioeconomy Blueprint: Innovation and concerns loom on the horizon.
The 2012 U.S. National Bioeconomy Blueprint was announced on April 26th with the purpose of assessing strategic objectives to maximise on the U.S. bioeconomy potential and to highlight ongoing efforts to meet those objectives. However, many are concerned that the blueprint predominantly focuses on economic development while insufficiently addressing regulations to minimise social and environmental impact. The […]
SR&ED for Foreign-Owned Companies
There is no denying that Canada has one of the best programs as far as funding for companies that perform R&D goes. And while it is promoted frequently for Canadian Controlled Private Corporations, there are many other companies that can take advantage of this program. Take, for instance, an American-owned company that has a branch […]
Canada gets D for innovation
The Conference Board of Canada issued a report on Tuesday on the state of Canada’s innovative abilities. Unfortunately, although we have the world’s best R&D funding program, we do not seem to rank very well on the global scale of taking the innovation we do and profiting from it. In fact, we ranked “14th among […]
SR&ED for Public Companies
Usually when we talk about claiming for SR&ED, we talk about how it affects CCPCs. For this reason, I wanted to touch specifically on public companies today. In the future, I will also be dedicating posts specifically to partnerships, foreign-owned and other types of companies eligible for SRED. While being a public company may not […]
Manufacturing News
B&W Canada gets contract for 8 replacement steam generators for Bruce Nuclear Power Plant. Goodyear to open Retread Plant. Trend in construction, mining, forestry 7 recycling industries have prompted Goodyear Canada Inc to open a plant in North Bay, On to be completed in fall of 2008. Onex gets Husky! Onex to pay $960 million for […]