Published on Brock University (http://brocku.ca)
The federal government’s Applied Research and Commercialization (ARC) program is designed to help small and medium-size enterprises (SMEs) in Niagara partner with Brock University to innovate and bring new products and processes to market.
To date, Brock has received submissions from outstanding homegrown companies specializing in such knowledge-based industries as biomanufacturing, applied health, and digital and interactive media. And there is room for more companies to apply.
“We’re pleased to be involved in this important venture, and we’re excited about the calibre of applications that we’ve received to date,” says Ian Brindle, Vice-President, Research. “We’re strongly encouraging eligible companies to apply for this program as there are still plenty of opportunities for firms here in Niagara and beyond to partner with our world-class researchers to help innovate their products and services.”
The Federal Economic Development Agency for Southern Ontario has provided up to $750,000 to the University for the overall program, which aims to include up to 15 projects at a maximum of $50,000 each. Companies whose projects are selected to be part of the program are asked to provide $25,000 in cash or in kind.
Using these funds, Brock will offer research and development support services to SMEs in areas like product and process applied research, engineering design, technology development, product testing, and piloting and problem solving.
The program addresses the unique research and innovation challenges faced by SMEs, defined as having less than 1,000 employees.
Once an online application form has been submitted, applicants will receive a confirmation email within one business day. Applications are being reviewed on an ongoing basis and the University will contact successful applicants.
All projects will be identified, approved and initiated by March 31, 2011 and completed by March 31, 2012.
For more info: Carlene Thomas, Government Relations, Brock University, 905-688-5550 x4295; email@example.com