NPC Ventures is a $50-million investment fund for early-stage Canadian companies developing naturally-derived alternatives to synthetic products. The fund is led by Kristi Miller, who says she believes there exists a “tremendous opportunity for Canadian companies to meet this exponential demand for ‘natural’.”
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NRCan’s Digital Accelerator team applies big data and AI to answer policy questions
Natural Resources Canada’s Digital Accelerator—an in-house team of data scientists, business and policy experts dedicated to building data-driven software tools—is applying artificial intelligence across NRCan where it can have “breakthrough results.”
Ocean Supercluster embarks on aquaculture data project in effort to ramp up ocean economy
The Ocean Supercluster is participating in a nearly $27-million data analytics project led by Norway-based Grieg Seafood, an international salmon producer, alongside partners Innovasea, SubC Imaging, AKVA Group and High-Tech Communications. Kendra MacDonald, CEO of the Ocean Supercluster, says Canada’s coastlines have long been underutilized compared to other countries.
The Short Report – March 17, 2021: Canadian government invests heavily to bolster biomanufacturing, D-Wave Systems gets funding for quantum tech, Canada’s largest study on aging gets a top-up, and more
The Government of Canada seeks to bolster Canada’s biomanufacturing capacity, D-Wave receives $40 million to accelerate Canada’s quantum technology development, the federal government invests in Canada’s longest-ever study on aging, Quebec’s Lion Electric gets ready to break ground on a new battery manufacturing plant, and more.
Brookfield innovation report shows Canada needs higher-quality data on equity, diversity and inclusion
Canada lacks the high-quality data that researchers need to understand how inclusive our economy is and its relationship to innovation, according to a report from the Brookfield Institute for Innovation and Entrepreneurship. They found that data was especially lacking for Indigenous groups, the LGBTQ+ community and people with disabilities.
By the Numbers: CFI pours $518 million into 102 research projects across Canada
The Canada Foundation for Innovation announced more than half a billion dollars in funding last week for 35 institutions and 102 research projects across Canada. Here’s a breakdown of the funding.
The Short Report – March 10, 2021: Federal funding for applied genomics, investments in plant-based proteins, the death of a renowned Alberta ecologist, and more
The Government of Canada invests $8.6 million towards applied genomics research with another $17.8 million from its partners, Protein Industries Canada funds three plant-based protein projects, the death of renowned Alberta ecologist Dr. David Schindler, and more.
New 10-year CIHR strategy focuses on health equity, Indigenous research and knowledge mobilization
The Canadian Institutes of Health Research has released a strategic plan that calls health equity “the most pressing health-related challenge in our country” and charts a course toward reducing health inequalities across Canada over the next decade. Researchers say inadequate funding and low success rates continue to be major problems, which have been exacerbated by the COVID-19 crisis, and also need to be addressed.
Oil and gas innovation network has yet to spend $80 million of federal funding for cleaner technologies
A pan-Canadian oil and natural gas innovation network has yet to spend the bulk of $100 million of federal funding on commercializing new, cleaner technologies, two years after Ottawa announced the funding and seven months after a contribution agreement was signed. The Clean Resource Innovation Network, which aims to produce the world’s cleanest hydrocarbons, plans to announce details of its planned three technology competitions by end of March 2021.
The Short Report – March 3, 2021: A report on inclusive innovation, an urban health research network, a potential DARPA for Canada, and more
The Brookfield Institute and the Munk School of Global Affairs produce an online tool to monitor data and analysis of Canada’s inclusive innovation system; U of T and Denmark’s Novo Nordisk A/S invest $40 million on supporting healthier urban populations and finding solutions for chronic illnesses, and more.