Ontario Centres of Excellence Inc.

Ontario Centres of Excellence Inc.

June 27, 2013 10:29 ET

Ontario Centres of Excellence, Provincial and Federal Partners Work Together on Convenient One-Stop Voucher Application Process

TORONTO, ONTARIO--(Marketwired - June 27, 2013) - Ontario Centres of Excellence (OCE) is bringing together partners from the provincial and federal governments to simplify the process of applying for funding of industry-led academic research and innovation collaboration projects.

"OCE is pleased to have been entrusted to deliver the new industry-led Collaboration Voucher Program on behalf of the Government of Ontario," said OCE President and CEO Dr. Tom Corr. "We felt it was also important to bring other partners together to increase opportunities for support and create a convenient whole-of-government approach."

The province of Ontario today launched the new Collaboration Voucher Program through which eligible companies can gain access to expertise and other resources from colleges, universities and research hospitals in four streams: Commercialization; Innovation and Productivity; E-Business; and Industry Association R&D Challenge.

"Our government is committed to promoting collaboration among our innovation partners to address global challenges, create jobs and help Ontario's businesses get ahead," said Reza Moridi, Minister of Research and Innovation. "By connecting Ontario companies with our world-leading researchers and academic resources, the Collaboration Voucher program will help our businesses become more innovative, productive and competitive."

To give applicants easy access to additional funding opportunities for the Voucher for Innovation and Productivity, OCE has partnered with the Government of Canada through the Natural Sciences and Engineering Research Council of Canada (NSERC) and the Industrial Research Assistance Program (IRAP) as well as Connect Canada to create a single funding entry point and application process.

"More than 90 per cent of the companies working with researchers through NSERC report that their projects were a success and contributed to their company goals," said Janet Walden, Chief Operating Officer, NSERC. "This new partnership opens opportunities by providing companies with a unique window to access a broader combination of tools, responding to their innovation needs."

"This partnership will make it easier for companies to invest in research and development while providing industry experience to Canadian graduate students," said Dr. Peter Frise, CEO and Scientific Director, Connect Canada. "It strengthens business competitiveness, the economy, student training and the bonds between federal and provincial innovation supporters."

OCE has also partnered with NSERC on the first Industry Association R&D Challenge voucher which will connect industry associations or groups of companies with Ontario's publicly-funded academic research institutions to address sector-wide research and development challenges.

The Collaboration Voucher Program was one of the key recommendations of the Government of Ontario's Jobs & Prosperity Council.

More information on the Collaboration Voucher Program is available at www.oce-ontario.org/vouchers.

About Ontario Centres of Excellence (OCE) Inc. (www.oce-ontario.org)

Ontario Centres of Excellence (OCE) Inc. drives the commercialization of cutting-edge research across key market sectors to build the economy of tomorrow and secure Ontario's global competitiveness. In doing this, OCE fosters the training and development of the next generation of innovators and entrepreneurs and is a key partner with Ontario's industry, universities, colleges, research hospitals, investors and governments. A champion of leading-edge technologies, best practices and research, Ontario Centres of Excellence invests in sectors such as advanced health, digital media and information communications, advanced manufacturing and materials, and cleantech including energy, environment and water. OCE is a key partner in delivering Ontario's Innovation Agenda as a member of the province's Ontario Network of Entrepreneurs (ONE). Funded by the Government of Ontario, the ONE is made up of regional and sector-focused organizations and helps Ontario-based entrepreneurs rapidly grow their companies and create jobs. For more information visit www.oneinnovation.ca.

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