Innovation experts and business groups are stepping up calls for the federal government to fix a “weak and out of balance” innovation ecosystem. Canada continues to lag other countries in innovation performance and productivity, according to international indexes.
Topic: smart manufacturing
The Short Report, May 6, 2020: AbCellera receives $175.6M for COVID-19 therapies; Canada contributes $850 million to global pandemic response; new “super angel” fund launches; and more
Vancouver-based AbCellera Biologics will receive up to $175.6 million from the federal Strategic Innovation Fund to fast-track antibody therapies against COVID-19. The funding will also go to build a first-of-its-kind antibody manufacturing facility over the next four years to help Canada respond to future pandemics. AbCellera has partnered with global biopharmaceutical company Eli Lilly to…
The Short Report, November 6, 2019: Quantum lapse, Waterloo unicorn, social transformation
The Ford government in Ontario has let funding lapse for the University of Waterloo’s Institute for Quantum Computing. Founded in 2002 with a record-setting philanthropic donation and support from both the federal and provincial governments, the institute has attracted top talent and is often cited for its leading research. While the federal government recently promised reinvestment of…