Ottawa pledges over $32 million for college research and equipment fund

July 26, 2010

Science and Technology Minister Gary Goodyear announced yesterday that the federal government is investing $32.5 million with the Canada Foundation for Innovation to support a new college fund, which will ensure that colleges have the latest research equipment and facilities to take innovation research from the laboratory to the marketplace. Recognizing that colleges and polytechnics support private sector innovation in a different manner than universities, the CFI will launch one or more competitions by December 2010. Industry Canada News Release | ACCC News Release | Polytechnics Canada News Release