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Canada government commits $73 million to foster industry-university collaborations

By David Schwartz
Published: June 18th, 2019

Canada’s government is putting up CAN$73 million (US$54 million) to promote university-industry engagement.

Minister of Science and Sport Kirsty Duncan said much of the five years of funding will flow toward local manufacturing competitiveness and assisting students in preparing to enter local workforces.

A lion’s share of the funding will go toward nearly 80 industry collaboration projects across the country. “The second program we’re announcing is funding for the College-Industry Innovation Fund,” Duncan added, “because if you do research, you need funding to do so, but you also need your labs and tools. And that’s what this will help with.”

Students will work on more than 100 projects with small- and medium-sized businesses in growing fields like virtual reality, 3D printing, automation and robotics. “It will allow hundreds of industry experts, students and faculty to be trained in advanced manufacturing and the next generation of industrial technologies,” Duncan said. “More importantly, it will create jobs for this community.”

The funding is part of Canada’s Science Vision and the government’s commitment of more than $10 billion to science research.

Georgian College is getting $2 million for its campus, and the school’s president and CEO MaryLynn West-Moynes says the funding will help with research, technology and jobs. “We are truly grateful to be among the institutions receiving this grant,” West-Moynes said. “We know that, across Canada, it will make a difference, but here our research activity will engage more than 50 industry partners.

“We have over 6,000 employers who take co-op placements with our students every year, and it’s those partners who have come to the table on this research opportunity,” she added.

Source: OrilliaMatters

Posted under: University-Industry Engagement Week

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