McMaster receives $12M in federal funding for BEAM centre

July 28, 2016

McMaster has received a federal grant of nearly $12M for the development of its Fraunhofer Project Centre for Biomedical Engineering and Advanced Manufacturing (BEAM) research facility, to open in late 2017. Researchers at the BEAM centre aim to improve quality of life by creating new technologies for cancer treatments, eye care, and point-of-care medical devices. "Our vision here is to build Canada into a global centre for innovation," commented Innovation Minister Navdeep Bains. "Innovation will drive growth in all of our industries." The BEAM project is reportedly valued at over $33M with investments from partners, including the provincial and municipal governments. The Spec | McMaster