Fanshawe College of Applied Arts and Technology is a publicly funded college with a program focus in the areas of engineering, manufacturing, business management and information technology. The college has nearly 50 active research projects underway and provides research and development services through their Centre for Research and Innovation.
FedDev Ontario is providing Fanshawe College with a non-repayable contribution of up to $8.1 million through the Investing in Commercialization Partnerships Initiative.
Funds for this project will be used to establish the Canadian Centre for Product Validation. This new testing and validation facility will aid local businesses and industries by providing a centralized and integrated testing space for their products. This will help accelerate the product development and commercialization process for new products.
For more information, visit the Fanshawe College website.
ICP aims to address the innovation and commercialization gap between the private sector and research institutions, post-secondary institutions and not-for-profit organizations so that the region can compete on an international platform.
ICP supports business-led partnerships with a focus on developing globally-competitive products and services, or innovation platforms that can demonstrate commercial value. This initiative will encourage businesses to capitalize on regional assets to achieve greater economic and social value from public investments in education and research.
- Increase the capacity of existing and emerging innovation ecosystems within southern Ontario to collaborate with the private sector;
- Create innovative products, technologies and services through business-led collaborations;
- Develop commercially-relevant technology platforms; and,
- Support the development of a critical mass of research and development activity in emerging clusters in southern Ontario.
Post-secondary institutions and incorporated not-for-profit organizations (NFPs), publicly-funded colleges and universities, research institutions, and industry associations located in southern Ontario are eligible to apply under this initiative for projects that are business-led and focus on new technologies or platforms with demonstrated commercial value.
For more information and detailed guidelines, please refer to the FedDev Ontario website at www.FedDevOntario.gc.ca.
