National Research Council Canada-NRC

National Research Council Canada-NRC

September 09, 2009 11:11 ET

Emerging Technologies Thrive in Canada

Government of Canada recognizes Systemes d'Energie et Propulsion EPS Inc. as a Canadian Innovation Leader

SHERBROOKE, QUEBEC--(Marketwire - Sept. 9, 2009) - The Honourable Christian Paradis, Minister of Public Works and Government Services, on behalf of the Honourable Gary Goodyear, Minister of State (Science and Technology), today recognized Systemes d'Energie et Propulsion EPS Inc. as a Canadian Innovation Leader for developing high-tech electronic-propulsion solutions for cyclists, linking scientific research to commercialization, jobs, and economic growth.

A Canadian Innovation Leader is a small- or medium-sized enterprise (SME) that demonstrates specific advances in research and development within its industrial sector. The National research Council of Canada (NRC) created the Canadian Innovation Leader Certificate Program to recognize Canadian firms that have successfully developed and applied innovative technologies.

"Our government is investing more in science and technology because this is how to create jobs, strengthen the economy and improve the quality of life of Canadians," said Minister Paradis. "Canada's Economic Action Plan provides more than $5.1 billion toward science and technology initiatives. This represents one of the single-largest federal budget investments in S&T to date, contributing to the creation of a stronger, more innovative economy and a more prosperous Canada."

Systemes d'Energie et Propulsion EPS' BIONX system can be installed on most bicycles by replacing the rear wheel with a motor-wheel. This system can be retrofitted on most bicycle models, including road, mountain, tandem, folding, and recumbent bicycles and tricycles.

"Investing in science and technology is critical for developing highly skilled people and improving the long-term competitiveness of Canadian firms," said NRC President Dr. Pierre Coulombe. "That's why the NRC Industrial Research Assistance Program (NRC-IRAP) is helping innovative Canadian businesses such as Systemes d'Energie et Propulsion EPS grow stronger, faster and larger."

"NRC-IRAP support is playing an important part in helping EPS develop innovative technology, leading to a new product and new commercial opportunities," said Jean-Yves Dube, Vice Chairman of the board for Systemes d'Energie et Propulsion EPS. "NRC-IRAP support is also helping us leverage other sources of funding. Today, EPS along with its BIONX product is recognized as a world leader in the development of high-tech electronic-propulsion solutions for cyclists."

The Government of Canada's Economic Action Plan has provided new resources of $200 million over the next two years to increase NRC-IRAP's support for innovative Canadian firms. To learn more about Canada's Economic Action Plan, visit www.actionplan.gc.ca.

For more information (media only), please visit NRC-IRAP's Web site http://www.nrc-cnrc.gc.ca/eng/ibp/irap.html

Contact Information

  • National Research Council Canada
    Media Relations
    613-991-1431
    media@nrc-cnrc.gc.ca
    or
    Office of the Honourable Gary Goodyear
    Minister of State (Science and Technology)
    Gary Toft - Director of Communications
    613-943-7599