TORONTO, Feb. 24 /CNW/ - Centennial College's Applied Research and
Innovation Centre (ARIC) is inviting proposals from southern Ontario
businesses to partner with the college on innovative technology and
development projects valued at $75,000 each. Small and medium-sized
businesses related to mobile computing or green energy are welcome to
Opportunities for 10 joint projects in a pre-commercialization stage are
being offered with funding from the federal government's FedDev Ontario
program. Funding details will be communicated at Trinovation, an industry-college partnership and networking event on Thursday, March
3, 8:00 am to 12:00 pm at the Centennial College Conference Centre, 940
Progress Avenue in Toronto.
FedDev Ontario has granted Centennial project funds to drive innovation
in products, services and processes, and to help southern Ontario
businesses get them to market faster. For each project, FedDev provides
$50,000 to cover Centennial's contribution of faculty and students with
technical and applied research know-how, materials and supplies, and
lab and testing facilities. The business partner is asked to invest
$25,000, either in cash or in-kind goods and services. FedDev tops up
business investment for a total project value of $75,000.
"Businesses need fast and effective solutions to compete in the global
marketplace," says Trish Dryden, Associate Vice President, Research and
Corporate Planning, Centennial College. "Access to Centennial faculty
and students' ingenuity and know-how helps SMEs successfully innovate
and then accelerate their ideas to market."
ARIC at Centennial College is at the forefront in successful
partnerships with industry in ICT wireless, energy and sustainable
development. Successes include an iPhone app for bioinformatics, and
testing of a wireless distributed energy technology to monitor and
smooth out peak loads on energy-output devices in commercial buildings.
Centennial's expertise for such partnerships originates in the School
of Engineering Technology and Applied Science, and the Centennial
FedDev projects may include trying out a new product or process by a
pilot or 'proof of concept;' testing and certifying new and enhanced
offerings; designing and developing new technologies; and applying
research to problem solving. FedDev funding can provide highly
qualified professionals to work with staff to take a business concept
one critical step closer to market.
To register for the Trinovation event, March 3: http://winapp.centennialcollege.ca/calendar/evntdetails.aspx?eid=8370&cg=COLT
SOURCE Centennial College
For further information:
Stacey Shipwright, ARIC, email@example.com