South Korea’s Medipost acquires OmniaBio for contract development and manufacturing; Ottawa introduces legislation to bolster trust in the digital economy; a new oil sands alliance combines Canada’s three major oil producers, KPMG Canada and MaRS Discovery District launch a climate impact accelerator program, and more.
Organization: Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
FedDev Ontario will give $4.8 million to Trent University to create the Trent Enterprise Centre (TEC) in its upcoming Cleantech Commons; less than a year after slashing R&D tax credits and grants, Alberta’s United Conservative Party government has reversed course; Gerald Butts helps Eurasia Group with global climate policy, sustainable finance, and artificial intelligence; and more.
Bioindustrial Innovation Canada (BIC) received $15 million from FedDev Ontario “to promote new sustainable innovations and bring business support to Eastern Ontario in Canada.” Along with partners the St. Lawrence Corridor Economic Development Commission and St. Lawrence College, BIC will establish the Ontario Bioindustrial Innovation Network (OBIN), a hybrid chemistry cluster in Brockville, Ontario. The network aims to…
A new program will help more than 80 university-based research teams assess the commercial potential of their innovations. Modeled on successful programs in the United States and the United Kingdom, Lab2Market could eventually go national.
The initiative will provide recipients with non-repayable contributions for projects to enhance productivity, adopt new technologies, and create more skilled jobs.