New tenant for Bayview Yards

Fed­eral in­no­va­tion lab mov­ing into Bayview Yards

Metro Canada (Ottawa) - - Front Page - Ryan Tumilty

In­vest Ot­tawa is hop­ing their lat­est tenant can help bridge the gap be­tween the city’s two big­gest in­dus­tries and ul­ti­mately see both suc­ceed.

Eco­nomic de­vel­op­ment Min­is­ter Navdeep Bains an­nounced last week that the fed­eral gov­ern­ment’s in­no­va­tion lab would be mov­ing into In­vest Ot­tawa’s Bayview Yeard build­ing

Bains said the gov­ern­ment wants Canada to be an in­no­va­tion hub and this move helps with that.

“This move to Bayview Yards will al­low gov­ern­ment to work side by side with Cana­dian en­trepreneurs and firms to spur in­no­va­tion, lead­ing to the de­vel­op­ment of in­no­va­tive prod­ucts and tech­nolo­gies,” he said in a state­ment.

Michael Trem­blay, In­vest Ot­tawa’s CEO, said the move is a ma­jor one be­cause it can help bring the gov­ern­ment and the tech sec­tor to­gether.

“We live in a city that is chock full of tech com­pa­nies, but we’re known as a gov­ern­ment city. Re­gard­less of where you are, when you think of Ot­tawa you think of big gov­ern­ment.”

He said that is a big step for the city be­cause there is a lot of work in bring­ing tech so­lu­tions to gov­ern­ment prob­lems.

“The gov­ern­ment mod­ern­iza­tion mar­ket is a $3.5 tril­lion mar­ket­place.”

He said hav­ing the gov­ern­ment’s lab at In­vest Ot­tawa will be a real boost for lo­cal busi­nesses.

“They know how to map gov­ern­ment ca­pa­bil­i­ties into a place where you can ac­tu­ally turn that into an op­por­tu­nity for a small to medium enterprise com­pany.”

Trem­blay said the mar­ket is there if small com­pa­nies can crack into it. For some gov­ern­ment pro­cure­ment can be an in­tim­i­dat­ing process, but this has the po­ten­tial to make some of those bar­ri­ers easier.

“It does take time to en­gage in longer-term pro­cure­ment pro­cesses and that’s been some­thing of a bar­rier,” he said. “It’s a way to make those en­gage­ments hap­pen a lot quicker.”

Metro | Ot­tawa

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