Precarn announces $2.1 million R&D funding boost

Ottawa, Ont. – Precarn Incorporated has launched a $2.1 million funding boost to promote the research and development (R&D) efforts of Canadian companies applying intelligent systems to solve commercial problems in the environment and manufacturing sectors.

Under the program – which is administered and funded by Precarn, a
not-for-profit company representing a national network of corporations,
universities, colleges, research institutes and government partners
engaged in the development of enabling technologies – companies are
being asked to respond to a Request for Proposals (RFP) for the
development or implementation of intelligent systems technologies in
areas related to environmental technologies (clean-tech) and
manufacturing, particularly automotive parts. Up to $700,000 is
available per project.
Paul Johnston, president and CEO of Precarn, says that “this program
addresses two key sectors applying Precarnís collaborative R&D
model, which has proven that strong linkages among private, public and
academic organizations are critical to successfully stimulate the
growth and competitiveness of an industry segment, foster the use of
intelligent systems to transform and build a sustainable industry
innovation model, and ultimately keep jobs in Canada.”
With a focus on the introduction and advancement of innovative
made-in-Canada solutions, this initiative aims to fund commercially
viable projects that address the challenges of the Canadian
environmental technology and manufacturing industries.