Government of Canada supports UOIT researchers and their partners

Today, the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario, announced a one-year extension of the Applied Research and Commercialization (ARC) initiative, creating jobs and economic growth in the region. Minister Goodyear, accompanied by Oshawa Member of Parliament Colin Carrie, made the announcement while celebrating partnerships established through the initiative between the University of Ontario Institute of Technology (UOIT) and 13 southern Ontario businesses.

Last year, under the ARC initiative, UOIT was approved for up to $739,000 from FedDev Ontario to partner with small- and medium-sized businesses on activities such as applied research, engineering design, technology development, product testing, and certification. With their project partners, UOIT researchers are working to bring new products to the marketplace sooner. 

The extension, with funding of up to $15 million, will enable the participating 24 post-secondary institutions to apply for additional support.

More details about the ARC initiative are available on the FedDev Ontario website.