February 17, 2010
EDMONTON, AB, Feb. 17, 2010/ Troy Media/ — When it comes to funding university research, one of the main granting agencies is the Natural Sciences and Engineering Research Council of Canada (NSERC).
And now the Council is making more money available to encourage research partnerships between academia and industry.
Former Member of Parliament, Mulroney Cabinet Minister and long-time Edmontonian, the Honourable Jim Edwards, is now chair of NSERC. He explains the particular focus on small and medium-size business.
“It’s a fact that 60 per cent of the 100 largest companies in Canada use NSERC collaborations, but only seven per cent of the smaller companies do. We’re seeking to fill that gap. Ultimately the goal is to improve Canada’s competitiveness. We invest more in academic-based research per capita than any other country in the G7. On the other hand, we trail very badly in terms of industry-based research. And so, we’re hoping, in a modest way, to be able to kick start that and we’re hoping to double the number of partnerships that exist within the next five years.”