27
Dec-2016
Dec-2016
Ottawa wants to gamble on innovation, but is it ready to roll the dice?
Campbell Clark writes about how through the Minister of Innovation, Science and Economic Development, the government will encourage the creation of consortiums of companies, academic institutions and other organizations to put forward proposals for clusters.
In the last budget, $800-million was set aside, and in the next few months Ottawa will ask for proposals – industry and academia can propose ways to foster a new tech cluster and the federal government will provide some of the money. The idea is that they will create critical mass of business activity, ideas, and talent, and a winner – a big, fast-growing company – might emerge.
For the full article in the Globe and Mail, please click on the link here