Author: Mark Henderson

Mining groups submit proposal for supercluster funding

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Six groups in the mining sector from across Canada have submitted a full proposal to participate in the final leg of the Innovation Supercluster Initiative (ISI), accumulating commitments of $700 million – $450 million in cash and $244 million in-kind. The consortium represents 162 partners in industry, government and academia including the Centre for Excellence…

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Stéphane Renou

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FPInnovations, a not-for-profit doing R&D in the forestry sector, has appointed Stéphane Renou as its new president and CEO effective this month. Renou holds a PhD in chemical engineering and has eight patents to his name. He will replace Pierre Lapointe, who held the position from December 2008. Prior to joining the Pointe-Claire QC-based organization,…

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NEXT Canada programs to support 100 high-potential start-ups

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Up to 100 start-ups in Southern Ontario will be able to access seed funding under NEXT Canada’s innovation and entrepreneurship programs. Entrepreneurs can get up to $30,000 each in matching funding through a $3.6 million investment by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) in NEXT Canada, a not-for-profit mentoring, training and…

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Feds announce $155 million to help natural resources sector address climate change

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The federal government has announced a $155-million program to help the natural resources sectors address climate change by developing and deploying clean technologies that will lower their notoriously high greenhouse gas emissions. The funding under the new Clean Growth Program (CGP) is aimed at the energy, mining and forestry sectors for pre-commercial projects between technology readiness levels 3 to 9.

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Dr Elissa Strome

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The Canadian Institute for Advanced Research (CIFAR) has appointed a new executive director to head its recently funded Pan-Canadian Artificial Intelligence Strategy. Dr Elissa Strome of the Univ of Toronto will join the CIFAR team effective January 2, 2018, announced Dr Alan Bernstein, CIFAR president and CEO. The $125-million Pan-Canadian Artificial Intelligence Strategy funded under…

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Ontario creates network for research and innovation in vehicle technologies

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Ontario is positioning itself as a destination for innovation and research around cars of the future with the creation of the Autonomous Vehicle Innovation Network (AVIN). On November 8, Premier Kathleen Wynne was on hand in Stratford ON to launch the network and announce funding of $80 million over five years . Working with the…

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VCs ink MOU with Bioindustrial Innovation Canada on co-investment prospects

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Five venture capital firms have signed a Memorandum of Understanding (MOU) with Bioindustrial Innovation Canada (BIC) to explore investment opportunities. The five — ArcTern Ventures, Cycle Capital Management, Fraser Mackenzie Merchant Capital, GreenSky Capital of Canada, and Paris-based Sofinnova Partners – are looking into investments in the bioeconomy and clean technology. The MOU allows the…

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Inocucor gets $2.5M for second bio-fertilizer product

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Montreal-based Inocucor Technologies Inc will advance development of its second bio-fertilizer product with $2.5 million in funding from Sustainable Development Technology Canada (SDTC), a government foundation supporting cleantech projects. Inocucor will use the funds to scale-up production and marketing of Synergro Free bio-fertilizer, which is touted to naturally generate robust yields in commodity crops such as…

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FPInnovations, Allnorth team up to provide energy management solution for pulp, paper firms

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FPInnovations has forged a strategic partnership with Allnorth – a Vancouver-based provider of engineering and technical services – to develop energy management solutions to boost the competitiveness of pulp and paper companies in the North. The tie-up combines FPInnovations’ process insight with Allnorth’s engineering expertise to expand the work of FPInnovations with the CanmetENERGY branch of…

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