ONTARIO NEWS RELEASE: Ontario Investing $4 Million to Help Drive World-class Research, Development and Commercialization
NEWS RELEASE
Ontario Investing $4 Million to Help Drive World-class Research, Development and Commercialization
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TORONTO — The Ontario government is investing $4 million to support greater collaboration between industry and the postsecondary education and research sectors to create well-paying jobs in local communities and help build a resilient economy. The investment will support the Ontario Collaborative Innovation Platform, a new online portal to match industry professionals with equipment, facilities and experts at postsecondary institutions. These partnerships will help businesses and innovators engage in world-class research, development and commercialization and provide Ontario postsecondary students with real-world, hands-on experience.
“Ontario’s colleges, universities and research institutes are key sources of innovation and commercialization, making them leading contributors to Ontario’s productivity and economic growth,” said Jill Dunlop, Minister of Colleges and Universities. “By making it easier for industry to access the talent and resources they need at postsecondary institutions and research partners across the province, our government is helping businesses bring more Ontario-made ideas and inventions from the lab to market.” The Ontario Collaborative Innovation Platform (OCIP) is designed to be responsive and flexible and will simplify pathways to research and commercialization. After piloting the online platform in 2020 at select postsecondary institutions, the province is now expanding this resource to businesses and all publicly assisted colleges and universities in Ontario. Collaborative initiatives supported through the pilot stage focused on urgent needs related to the pandemic and included projects that:
“With the launch of OCIP, eCampusOntario is thrilled to support innovation and collaboration by increasing research partnerships between Ontario businesses and the province’s colleges, universities and Indigenous Institutes,” said Robert Luke, CEO, eCampusOntario. “By helping businesses remain at the forefront of their sector while giving students valuable work experiences, we will not only help industry succeed today, but also ensure Ontario’s innovation capacity is stronger for tomorrow.” Ontario businesses interested in accessing postsecondary research, innovation and expertise can learn more about the Ontario Collaborative Innovative Platform through eCampusOntario. |
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