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Government of Canada launches $1.26 Billion Strategic Innovation Fund
Friday, July 7, 2017
$1.26-billion fund will attract high-quality business investments leading to more jobs, skills and opportunities for Canadians
Vancouver, BC, July 7, 2017--(T-Net)--The Government of Canada announced today the official launch of its new $1.26-billion Strategic Innovation Fund, a new program to attract and support high-quality business investments across all sectors of the economy.
This fund is open to all industries and will support four types of innovation activities:
This fund is part of the Government's Innovation and Skills Plan, a multi-year strategy to create well-paying jobs for the middle class and those working hard to join it.
"Our government recognizes that innovation happens in every sector of Canada's economy. The Strategic Innovation Fund is designed to reflect the diversity of innovative sectors that exist in Canada and to encourage cross-sector partnerships. This fund is an investment in jobs and skills training for Canadians. Putting Canada at the forefront of innovation will equip Canadians with the in-demand skills they need for well-paying middle-class jobs now and into the future." said The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.
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http://www.ic.gc.ca/eic/site/icgc.nsf/eng/home
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