BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Canadian Research Gets $190 Million Boost


1/22/2014 6:45:03 AM

BioCanada East isn't the only one with new jobs, others are hiring too! Check it out! (Isn't it tempting?)

TORONTO, Jan. 21, 2014 /PRNewswire/ -- Ontario is investing $190 million over the next six years to help attract and retain top scientists, develop cutting-edge technologies, increase investment and create jobs.

(Photo: http://photos.prnewswire.com/prnh/20140121/AQ49848)

The funding will be divided between the Ontario Research Fund's (ORF) Research Excellence ($65 million) and Research Infrastructure ($125 million) programs. Since 2003, ORF projects have leveraged over $2.9 billion in funding and helped create more than 5,500 jobs in the province.

Nearly half of all Canadian research is done in Ontario. In the last decade, more than 20,000 researchers have been trained in the province and 150 new companies have been founded. This latest investment in the province's research community will help keep Ontario at the forefront of scientific discovery and help ensure economic agility, growth and prosperity through new technologies and services that can be marketed to the world.

Supporting research is part of the Ontario government's economic plan to invest in people, invest in infrastructure and support a dynamic and innovative business climate.

QUOTES

"Research is the foundation of a knowledge economy — new findings lead to new technologies, companies and jobs. Across the province, researchers and companies are improving competitiveness, launching new ground-breaking products and services and changing lives."
— Reza Moridi, Minister of Research and Innovation

"Today, more than ever, our economic and social prosperity depends on our ability to compete and succeed in the global marketplace. We need to generate innovative ideas and to convert those ideas into real-world applications that improve our communities. The Ontario Research Fund will help make Ontario universities even more competitive."
— Bonnie M. Patterson, President and CEO, Council of Ontario Universities
QUICK FACTS

The impact of Canada's research ranks sixth in the world – ahead of other top-producing scientific countries like Australia, China, Germany and Japan, and right behind the U.S. and U.K.
Ontario's investment in ORF Research Excellence is leveraging at least $130 million in investment from the private sector and academic institutions.
Since 2003, ORF Research Excellence projects have provided over 23,000 opportunities for researchers to enhance their knowledge and skills, and have resulted in 64 spin-off companies employing 571 people.
Ontario's investment in ORF Research Infrastructure (large infrastructure round) is leveraging $187 million in investment from the federal government, private sector and academic institutions.
Since 2003, ORF Research Infrastructure projects have recruited or trained over 20,000 people, created 86 spin-off companies and helped create over 5,000 jobs.

LEARN MORE

About research funding in Ontario.
About the Ontario Research Fund – Research Excellence program.
About the Ontario Research Fund – Research Infrastructure program.

FOR MORE INFORMATION CONTACT

Patricia Pytel
Media Relations
Ministry of Economic Development, Trade and Employment
Patricia.pytel@ontario.ca
416-327-8313

Margy Sweeney
Akrete Communications
margy@akretecommunications.com
312-612-0343

SOURCE Ministry of Economic Development, Trade and Employment

Don't forget, hundreds of biopharma companies are hiring! (We know you can't resist.)


Read at BioSpace.com

 
 

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES