Feds invest $21 million to hasten commercialization at 16 Alberta high-tech companies

Mark Lowey
November 19, 2018

The federal government is providing nearly $21 million through its Western Innovation Initiative to 16 Alberta high-tech companies, to help get their innovative products to market faster. Amarjeet Sohi, Minister of Natural Resources, announced the funding last week on behalf of Navdeep Bains, Minister of Innovation Science, Science and Economic Development and Minister responsible for Western Economic Diversification Canada. Twelve companies in and around Calgary received a total of almost $17.6 million, while four Edmonton companies shared about $3.25 million. The announcement was made at Calgary-based QuirkLogic, which received $1.5 million to commercialize an innovative digital writing solution. Recovery Energy Services Inc. in Calgary received the largest amount: $3.5 million to commercialize a process to recover and reuse oil-based drilling fluids. Nanalysis Corp. and FLYHT Aerospace Solutions Ltd., both in Calgary, each received nearly $2.8 million.

Other News

Events For Leaders in
Science, Tech, Innovation, and Policy

Discuss and learn from those in the know at our virtual and in-person events.

See Upcoming Events

You have 1 free article remaining.
Don't miss out - start your free trial today.

Start your FREE trial    Already a member? Log in


By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively in accordance with our Privacy Policy and Terms of Service.