Government of Canada drives economic growth in life sciences

August 6, 2019 – Winnipeg, Manitoba – Western Economic Diversification Canada
 
Growing Manitoba’s diverse economy is crucial to building a stronger western Canada. That is why the Government of Canada is investing over $5.9 million in four projects in Manitoba to support future growth opportunities in the life sciences sector. The announcement was made today by Terry Duguid, Parliamentary Secretary to the Minister of Status of Women and Gender Equality and Member of Parliament for Winnipeg South, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada.

• Cerebra Health will receive up to $900,000 in repayable funding to commercialize a new version of an in-home sleep disorder diagnostic system.
• Kane Biotech Inc. will receive up to $3,792,984 in repayable funding to commercialize a wound gel treatment for the human health market.
• The Bioscience Association of Manitoba will receive up to $300,000 in non-repayable funding to establish and pilot a Preceptorship Program. The program will help accelerate the growth of small and medium-sized enterprises (SMEs) in biohealth by offering collaboration opportunities with medical professionals in a healthcare setting.
• Biomedical Commercialization Canada, operating as Manitoba Technology Accelerator, will receive up to $1,000,000 in non-repayable funding to provide management advice, coaching, and mentoring, as well as other supporting resources, skills, and tools to help SMEs commercialize and increase sales of life science technologies and services.

These projects will drive growth in Manitoba by accelerating the pace of commercialization, enabling cutting-edge technologies to reach the global marketplace, and supporting academic-industry partnerships to unlock further innovation in life sciences. Through investments like these to spur emerging growth opportunities, the Government of Canada is putting Grow West: The Western Canada Growth Strategy into action to grow jobs, exports, and the economy.