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 […]
Northern Ontario Development Program Funds Innovation
Small to medium sized companies located in Northern Ontario that are looking to invest in innovative projects that will lead to commercialization should consider the Innovation stream of the Northern Ontario Development Program (NODP). This repayable fund focuses on increasing innovation, productivity, and competitiveness in Northern Ontario. The key sectors are biotechnology, mining and forestry, agri-food, […]
OIDMTC Supports Development of Interactive Digital Media in Ontario
The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit that supports the development of interactive digital media in Ontario. The tax credit funds 40% of eligible labour, marketing, and distribution costs. The maximum contribution per project is $100,000 for marketing and distribution costs, but the labour contribution is uncapped. In order […]
New Innovation Initiative to Support SMEs in Western Canada
Small to medium sized companies in Western Canada can receive funding from the Western Innovation Initiative (WINN), recently announced by Western Economic Development Canada. The WINN program will be releasing application information starting November 9, 2013. The WINN program spans five years and has $100 million to support SMEs in Western Canada. The funds will […]
Canada’s Performance in Innovation
Ottawa based think tank, The Conference Board, released a series of reports called “How Canada Performs: A Report Card on Canada,” which assesses Canada’s quality of life in comparison to other countries. Canada receives grades of “B” in the majority of the sections, and received a grade of “A” in the Education and Skills section. […]
Canadian Manufacturing Outlook 2012: Optimism
A recent study indicates a sense of optimism within Canada’s manufacturing sector. The survey, “Canadian Manufacturing Outlook 2012: Push and Pull – Reducing Costs and Investing in Innovation,” is based on input from senior Canadian manufacturing executives and indicates a positive outlook across the industry. According to StatsCan, manufacturing accounts for over 7 percent of […]
EVERY DROP COUNTS: Green Week Conference 2012 – Conserving water through innovation.
Water is essential for sustaining life, as well as our economy. With less than one percent of the world’s fresh water currently accessible for direct human use, water supplies are now a major global concern impacting not only our daily lives but also our business strategies. Throughout last week, thousands of individuals had gathered for […]
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 […]
U.S. Announces National Bioeconomy Blueprint
The biotechnology sector has been eagerly awaiting the announcement of a national bioeconomy plan by the Obama administration that is expected to be released today. The White House blueprint intends to spur development of renewable resources such as crops and biofuels as well as biological manufacturing processes. Since President Obama’s announcement last September that a […]
Biotechnology Industry Leaders Unite to Promote a Bio-based Economy
The Biotechnology Industry Organization (BIO) has recently announced the industrial biotechnology companies that have been selected to showcase their new technologies, accomplishments and business models to leading investors and analysts at the BIO 9th annual World Congress on Industrial Biotechnology and Bioprocessing, to be held on April 29- May 2 in Orlando, FL. Company executives […]