Precarn announces $2.1 million R&D funding boost

Friday April 18, 2008
Written by Manufacturing AUTOMATION
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.

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