Federal Economic Development Agency for Southern Ontario

Federal Economic Development Agency for Southern Ontario

November 12, 2010 14:42 ET

Government of Canada Supports Innovation at Small- and Medium-Sized Businesses in National Capital Region

Economic Action Plan invests in jobs and growth through research and development

OTTAWA, ONTARIO--(Marketwire - Nov. 12, 2010) - Small- and medium-sized businesses in southern Ontario, including the Ottawa area, will have an opportunity to work with local colleges and universities to bring promising new products to the marketplace faster. The Honourable John Baird, Government House Leader, announced an investment under the Applied Research and Commercialization Initiative would go to the University of Ottawa.

"This investment will help bring ideas from the lab into the marketplace," said John Baird. "Our government is committed to supporting families, businesses and communities of southern Ontario."

Under the $15-million Applied Research and Commercialization Initiative, the University of Ottawa will receive up to $750,000 to partner with small- and medium-sized enterprises on activities such as applied research, engineering design, technology development, product testing, and certification.

"As one of the top performing Canadian universities in research, the University of Ottawa is committed to supporting Ontario's businesses with innovative research programs and some of the brightest minds in the world. Canada's university is proud to be collaborating with members of local communities across the country," said Allan Rock, president of the University of Ottawa.

The Applied Research and Commercialization Initiative is a direct result of feedback from business leaders, academics and community leaders from across southern Ontario, who suggested FedDev Ontario take a leadership role in addressing the gap between research and commercialization.

For more information on the Applied Research and Commercialization Initiative, please refer to the backgrounder.

FedDev Ontario was created as part of Canada's Economic Action Plan to support businesses and communities in southern Ontario. Now in its second year of operation, the Agency is launching a number of initiatives to create a Southern Ontario Advantage and place the region in a strong position to compete in the global economy. These initiatives are designed to support businesses and other organizations through partnerships and investments in skills and training; innovation; research and development; and increased productivity. To learn more, please visit www.feddevontario.gc.ca or call 1-866-593-5505.

This news release is available online at www.feddevontario.gc.ca and www.actionplan.gc.ca.


Applied Research and Commercialization Initiative

The Applied Research and Commercialization Initiative is designed to bridge the gap between research and commercialization between Ontario's post-secondary academic institutions and small- and medium-sized enterprises. FedDev Ontario has committed up to $15 million for projects in 2010 under the initiative.

The Applied Research and Commercialization Initiative encourages greater collaboration between post-secondary institutions with research and development expertise and smaller businesses with pre-commercialization needs. The goals of the initiative are to accelerate innovation and improve productivity and competitiveness in companies located in southern Ontario, as well as encourage additional private sector investment.

The initiative supports post-secondary institutions offering services focused on improving innovation, productivity and commercialization to help individual companies move new products or processes to market. These activities include:

• product and process applied research;
• engineering design;
• technology development;
• product testing;
• certification;
• proof of concept;
• piloting and demonstration; and
• problem solving.

Announced in Canada's Economic Action Plan, FedDev Ontario's mandate is to work with the people, communities and businesses in southern Ontario to create the conditions for economic growth. Created with a five-year mandate and $1-billion budget, the Agency is working to support southern Ontario's ongoing economic resurgence to ensure the region will emerge as a stronger, more diverse world leader.

For more information, please refer to our web site at www.feddevontario.gc.ca, email info@feddevontario.gc.ca or call 1-866-593-5505.

Contact Information

  • Office of the Honourable Gary Goodyear
    Gary Toft
    Director of Communications
    FedDev Ontario
    Media Relations
    University of Ottawa
    Vincent Lamontagne
    Manager, Media Relations
    613-562-5800 (3087)
    613-864-9087 (cell)