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Budget 2016 Priorities: Applied Research and Innovation

Support Canadian innovation by increasing funding for college and institute applied research

  • Colleges and institutes enhance innovation by undertaking applied research that leverages their strong connections to industry and communities. These institutions provide talent, creative ideas and facilities that generate economic and social gains.
  • In the past year alone, colleges and institutes worked with over 6,300 partners in all sectors, particularly small and medium-sized enterprises (SMEs) to develop new or adapted products, services, technology and processes.
  • College and institute students are an integral part of applied research activity. Students gain relevant applied research experience through interactions with industry and community partners and are employment ready.
  • Increased investments in college and institute applied research will unleash the college sector’s untapped capacity to support industry and community innovation.

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Last Updated: November 19, 2015