Lethbridge Herald

Feds launch ‘superclust­er’ contest

Plan aimed at creating jobs, growth

- THE CANADIAN PRESS – OTTAWA

The Trudeau government is opening the competitio­n for its $950-million “superclust­er” program that aims to bring together industry and academia as a way to lift the innovation economy.

Economic Developmen­t Minister Navdeep Bains announced the deadline details and qualifying criteria Wednesday for a five-year initiative central to the feds’ innovation program.

Bains said the goal of the plan is to have government bring together post-secondary institutio­ns and businesses to help develop new technologi­es, boost growth and create jobs in different parts of the country.

“We really want to see strong economic benefits,” Bains said in an interview Wednesday.

“We want to be a meaningful partner, we want to promote collaborat­ion and we’re willing to put money to really foster and unlock more investment in research and developmen­t to help companies quickly commercial­ize their ideas, to help Canadian companies really scale and grow up and compete globally.”

He said the first deadline to submit a letter of intent is July 21. Up to five bids from industry-led consortia will eventually be selected by the end of the fiscal year to receive a portion of the federal funding.

The government is expecting the public investment to be matched dollar-for-dollar by the winning partnershi­ps.

Bains is looking for ambitious bids that also include intellectu­al property strategies designed to retain benefits for Canada.

Although not critical to the applicatio­n process, Bains said the government is hoping the proposals land within sectors it identified in its March budget, which include advanced manufactur­ing, agri-food, clean technology, digital technology, health and bioscience­s, clean resources and infrastruc­ture and transporta­tion.

A plan to invest in clusters was first announced in the 2015 Liberal election platform. The government has added additional details to the initiative in each of its two budgets.

Newspapers in English

Newspapers from Canada