New Brunswick launches competition for large-scale industry R&D projects

Guest Contributor
October 28, 2013

The recently formed New Brunswick Research and Innovation Council (NBRIC) has launched a $15-million competition to select between three and six large-scale industry R&D projects — a key element of its new $80-million research and innovation strategy. The Industry Innovation Challenge (IDIC) will award up to $5 million for each successful initiative for up to five years, with funding to be matched by industry and augmented by other provincial and federal industrial R&D programs.

The projects must mobilize the province's public research capacity and support provincial priority areas. New Brunswick's economy has been struggling of late, beset by rising debt levels and persistent double-digit unemployment.

Opportunities in natural resources — specifically shale gas exploitation and an east-west pipeline ending at Saint John and the Irving Oil refinery — have been fraught with controversy and protests.

The IDIC competition will be overseen by the NBRIC, which will also select the winning applicants. Each project must be led by a company or industry consortium. The deadline for the competition's first round is December 13th, with second-round applications due by May 30/14.

high-potential niche areas targeted

Winners must be able to demonstrate that their projects are able to "support a niche area of economic development with the potential to create and/or solidify a clear market advantage", leading to the development of new national and international markets.

The 12-member NBRIC is co-chaired by premier David Allard and Geoff Flood, founder and president of Fredericton NB-based T4G, a business management software firm. The council has representation from industry, academia and government, with the latter including ministers responsible for economic development and post-secondary education.

The province has also established a new Energy Institute to study emerging energy sector issues. The institute will be led by Univ of Moncton biologist Dr Louis Lapierre, who produced a report on the shale gas industry in 2012 and recommended the creation of such an institute.

R$


Other stories mentioning these organizations, people and topics

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






Top

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.