Support will enable new innovations in global health and unlock potential of low- and middle-income countries
OTTAWA, Feb. 11, 2014 /CNW/ - Grand Challenges Canada today commended the federal government's commitment to innovation and development in the field of global health, as confirmed in Economic Action Plan 2014.
The Government of Canada continues to deliver on its international development commitments by allocating resources to high-performing global initiatives, maintaining a strong focus on pressing challenges in global health, supporting the Muskoka Initiative, promoting aid transparency, and through strategic investments in Grand Challenges Canada.
"We appreciate the government's ongoing support for our vision of bold ideas with big impact in global health," said Dr. Peter A. Singer, Chief Executive Officer of Grand Challenges Canada. "This support will help to create and scale many new health innovations for low-resource countries, and will save and improve lives of many people around the world. It will also reinforce Canada's leadership and commitment through the Muskoka Initiative to address global health challenges facing women, children and newborns."
Since its launch in 2010, Grand Challenges Canada has supported more than 500 innovations in over 45 countries, including more than 150 from Canada. Grand Challenges Canada emphasizes integrated innovation - combining science and technology, social and business innovation - and this approach has already begun to deliver results. These efforts will be strengthened by the support demonstrated in Economic Action Plan 2014.
Through Grand Challenges Canada, the Government of Canada is investing in development innovations and global health solutions that will unlock the economic potential of developing countries, and stimulate economic growth and employment. Continued support from the federal government will help Grand Challenges Canada to strengthen and deepen its relationships with the Bill & Melinda Gates Foundation and other Grand Challenges initiatives around the world, including the recently launched Grand Challenges Israel. The commitment will allow Canada to remain a world leader in the global development movement to attract private sector investment, leverage Canadian funds, and support innovative solutions to solve global health challenges.
About Grand Challenges Canada
Grand Challenges Canada is dedicated to supporting Bold Ideas with Big Impact™ in global health. We are funded by the Government of Canada. We fund innovators in low- and middle-income countries and Canada. Grand Challenges Canada works with the International Development Research Centre (IDRC), the Canadian Institutes of Health Research (CIHR), and other global health foundations and organizations to find sustainable, long-term solutions through Integrated Innovation® − bold ideas that integrate science, technology, social and business innovation. Grand Challenges Canada is hosted at the Sandra Rotman Centre.
SOURCE: Grand Challenges Canada
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