May 09, 2008
Edmonton, Alberta
Two new initiatives launched by the Government of Canada and Province of Alberta will create more opportunities for local firms to commercialize and export products or services to emerging international markets.
The joint federal and provincial investments, totalling more than $2.3 million, were announced today by the Honourable Rona Ambrose, President of the Queen's Privy Council for Canada, Minister of Intergovernmental Affairs and Minister of Western Economic Diversification, and the Honourable Doug Horner, Minister of Alberta Advanced Education and Technology.
"The Government of Canada is helping western Canadian businesses take advantage of emerging opportunities to commercialize and introduce their products and services in markets around the world," said Minister Ambrose. "The launch of these new initiatives will enable Alberta companies to become more globally competitive and create new synergies with international partners."
"These initiatives fit well with our government's Global Commerce Strategy, which aggressively seeks to advance Canada's prospects in the global economy," said the Honourable David Emerson, Minister of International Trade and Minister for the Pacific Gateway and the Vancouver-Whistler Olympics. "Two-way investment initiatives such as this one helps our economy by supporting our companies to be more competitive and innovative and provides new opportunities to increases the prosperity of Canadians workers and businesses."
"Alberta is an emerging technology leader and it's critical to seek partnerships to help Alberta companies build relationships and presence in the world's fastest growing economies," said Doug Horner, Minister of Alberta Advanced Education and Technology. "These two programs recognize the importance Alberta places on our future and building a knowledge-based economy to compete globally."
More than $1.1 million in combined funding will help establish the Alberta International Business Partnering Program, which will support local firms looking to capitalize on export opportunities with China, California and India. The program will provide businesses in the information and communications technologies (ICT) and life science sectors with the highly focused information and training needed to build partnerships in international markets.
"The Government of Alberta plays a critical role as a conduit for Alberta businesses looking abroad and we are pleased to be a partner in this important initiative," said Ron Stevens, Deputy Premier and Minister of International and Intergovernmental Relations.
The Alberta International Business Partnering Program will be carried out over a 20-month period and will support activities such as symposia, seminars and trade missions. Participating companies will also have an opportunity to temporarily locate to facilities within Hong Kong or California as they begin conducting business in those markets.
In addition, a combined investment of $1.2 million toward the International Science and Technology Partnerships (ISTP) China-Alberta Program will support Alberta companies, academic research institutions and other private sector institutes in building research and development partnerships with organizations in China. The program will facilitate technology collaboration and commercialization by providing firms with access to China's best facilities, equipment, talent and knowledge.
"Building global technology partnerships has become an imperative for all regions of the world because technological innovation is now one of the most important factors affecting economic and social development and also because no region can acquire technological capacity on its own," said Dr. Henri Rothschild, President and CEO of ISTPCanada. "ISTPCanada takes its mission to help build productive Alberta-China partnerships very seriously and is grateful to the participating governments for having the vision and foresight to make these partnerships a priority. Together with our counterparts in China, we will make every effort to help build strong and productive Alberta-China technology partnerships."
The ISTP China-Alberta Program will provide cost-shared funding for the Alberta component of China-Alberta collaborative research and development projects that are put forward by industry and academic research institutions in Alberta. International Science and Technology Partnerships Canada Inc. (ISTPCanada), a not-for-profit organization that also delivers the International Science and Technology Partnerships Program on behalf of Foreign Affairs and International Trade Canada, will lead the initiative in Alberta.
For additional information contact:
Donna Kinley
Manager, Communication, Consultation and Marketing
Western Economic Diversification Canada
Telephone: (780) 495-6892
Cell: (780) 991-7432
Earl McKenzie
Public Affairs Officer
Alberta Advanced Education and Technology
Telephone: (780) 415-0891
Gary Gudbranson
ISTPCanada
Telephone: (613) 727-9507 (Ext.224)
WD Toll-Free Number:1 888 338-WEST (9378)
Website: WD is online at www.wd-deo.gc.ca.
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