January 15, 2015 – Guelph (Ontario)
The Honourable Diane Finley, Minister of Public Works and Government Services, on behalf of the Honourable Ed Holder, Minister of State (Science and Technology), and Michael Chong, Member of Parliament for Wellington-Halton Hills, today announced the Government of Canada’s investment in Bioenterprise Corporation (Bioenterprise), through the Canada Accelerator and Incubator Program (CAIP).
With CAIP’s investment, Bioenterprise will receive up to $2.5 million in funding over the next five years. This funding will help provide Canadian entrepreneurs with the resources and expertise needed to develop their business plan and cultivate new international markets for products and services.
The CAIP helps Canada’s innovative businesses to grow, prosper and create jobs. This organization plays an important role in preparing early stage companies for successfully accessing investment capital, and serves as an invaluable resource for entrepreneurs in developing products for a competitive global marketplace.
The Government’s commitment to investing in Science and Technology will strengthen Canada’s position as a global leader in scientific research while looking to harness greater Canadian innovations that create jobs, increase prosperity, and improve the quality of life of Canadians.
Media Relations Team
National Research Council of Canada
613-991-1431
1-855-282-1637 (24/7)
media@nrc-cnrc.gc.ca
Twitter: @nrc_cnrc
Scott French
Director of Communications and Parliamentary Affairs
Office of the Minister of State (Science and Technology)
343-291-2700
