Government of Canada Invests in Genomics-based Research and Development
News Release
Federal Investment supports EXCITE Corporation’s Centre for Hearing Science in Grand Falls-Windsor
June 12, 2017 – Grand Falls-Windsor, NL – Atlantic Canada Opportunities Agency
With the province of Newfoundland and Labrador recognized as one of the world's prime founder populations for conducting genetic research, the EXCITE Corporation’s Centre for Hearing Science is well positioned as a research and development leader for the global hearing aid industry.
A Government of Canada investment in EXCITE Corporation Inc. will support additional research and development activities that could have a positive impact for people with hereditary hearing loss.
Scott Simms, Member of Parliament for Coast of Bays-Central-Notre Dame, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), today announced $118,717 from ACOA’s Business Development Program for the EXCITE Corporation’s Centre for Hearing Science.
Through this investment, EXCITE Corporation will undertake activities to enhance the future sustainability of the Centre for Hearing Science, including research attraction, pre-commercialization of biomedical innovations as well as additional training development. Leveraging expertise in genomics at Memorial University, hearing science at Western University and computer engineering at McMaster, the Centre for Hearing Science is developing a collaborative, innovative platform for hearing research in support of advances in hearing measurements, products and services.
Quotes
“Through the Atlantic Growth Strategy, we are fostering greater business innovation by encouraging the scaling up of small firms, the promotion of technology transfer, and the commercialization of research and development. This investment in EXCITE Corporation supports increased capacity for applied R & D and commercialization in the global hearing aid industry.”
The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
“EXCITE Corporation continues to build a strong knowledge-based economy in the Exploits Region of Newfoundland and Labrador. This project strengthens the position of Grand Falls-Windsor as the provincial hub for advanced audiology training, research and the testing and validation of new products and services for the global hearing impaired market.”
Scott Simms, Member of Parliament for Coast of Bays-Central-Notre Dame
“The Town of Grand Falls-Windsor and the EXCITE Corporation are very happy to be a partner in this national collaboration. This funding will support the Town in developing the healthcare/life sciences sector and in creating an important Canadian rural innovation hub.”
His Worship, Barry Manuel, Mayor, Town of Grand Falls-Windsor and Chair, EXCITE Corporation Inc.
Contacts
Paul McGrath
Director, Communications
ACOA NL
709-772-2984
paul.mcgrath@canada.ca
Stanley Singh
Executive Director
EXCITE Corporation Inc.
709 489-4628
ssingh@EXCITEcorp.nf.ca