NanoQuebec Receives Funding From Government of Canada


MONTRÉAL, QUEBEC--(Marketwired - May 10, 2013) - The Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities, Minister of the Economic Development Agency of Canada for the Regions of Quebec and Minister of Intergovernmental Affairs, today announced that the organization NanoQuébec has been granted financial assistance for a project to translate knowledge into commercial applications, while improving the innovation capability and competitiveness of Quebec's small and medium-sized enterprises (SMEs).

"Our Government is today giving a real boost to innovation, and thereby economic growth, by lending its support to NanoQuébec," said Minister Lebel.

NanoQuébec is a not-for-profit organization whose mission is to support nanotechnology innovation with a view to contributing to sustainable economic growth in Quebec.

Specifically, these funds will enable NanoQuébec to implement an open innovation pilot project aimed at generating technology transfers and strengthening ties between business and the research community. The project, which will last approximately 18 months, will also allow for a second testing of the iNANO open innovation web platform.

"Since the opening of the iNANO platform, we have already posed more than 120 industrial challenges to the research community. The collaborative projects set up through the platform will foster the development of innovations that will be a major competitive advantage for our businesses," noted Benoit Balmana, President and CEO of NanoQuébec.

The funding from the Government of Canada will contribute toward the hiring of a staff person to ensure the platform's management and leadership, technology development, production of promotional tools and business prospecting.

"Our Government remains focused on four priorities, as outlined by the Prime Minister, that Canadians care most about: their families, the safety of our streets and communities, their pride in being a citizen of this country, and of course, their personal financial security," concluded Minister Lebel.

Information:

This assistance, granted in the form of a $171,000 non-repayable contribution, has been awarded through Canada Economic Development's Quebec Economic Development Program.

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Contact Information:

Media Relations
Canada Economic Development
514-283-8818
media@dec-ced.gc.ca

Marie-Josee Paquette
Press Secretary
Office of the Honourable Denis Lebel
Canada Economic Development
514-496-1282
marie-josee.paquette@tc.gc.ca