CICan report shows growth in support for applied research

April 13, 2015

Colleges and Institutes Canada has published its latest annual report on applied research in Canada. According to the report, federal funding for applied research in 2013–14 was up 19% over the previous year, and funding from the private sector was up by 9%. Institutional investment in applied research was also up, increasing by 6% to reach $52 M. 5,633 companies partnered with colleges and institutes, a 3% increase, with 77% of applied research partnerships being with small- and medium-sized enterprises. 32,093 students participated in applied research, a 9% increase from 2012–13, and 7,639 students received support for entrepreneurial initiatives, an increase of 52%. CICan News Release | Full Report