Strategic Innovation Fund

VBI Vaccines Announces Expanded Strategic Partnership with Canadian Government to Advance mRNA-Launched eVLP (MLE) Vaccine Platform

Retrieved on: 
Tuesday, April 2, 2024

In preclinical studies, VBI’s MLE candidates generated strong B-cell and T-cell signals compared to those seen with other mRNA vaccines tested.

Key Points: 
  • In preclinical studies, VBI’s MLE candidates generated strong B-cell and T-cell signals compared to those seen with other mRNA vaccines tested.
  • The technology platform also offers potential for streamlined manufacturing timelines, similar to other mRNA vaccines.
  • “We are grateful for the continued support of our long-term partners in the Canadian government, and are pleased to extend our work together to investigate our novel MLE platform, which we think has the potential to revolutionize particulate vaccines,” said Jeff Baxter, President and CEO of VBI.
  • Consistent with the strategic intent of the original agreement, development will primarily focus on platform development and will also include a pan-coronavirus MLE candidate to contribute toward future epidemic and pandemic preparedness.

Minister Wilkinson Advances Global Cooperation, Resource Security and Sustainable Mining at World's Premier Mining Convention, PDAC 2024

Retrieved on: 
Thursday, March 7, 2024

TORONTO, March 7, 2024 /CNW/ - Canada is a mining nation, and critical minerals are essential for the global energy transition.

Key Points: 
  • TORONTO, March 7, 2024 /CNW/ - Canada is a mining nation, and critical minerals are essential for the global energy transition.
  • Canada is a global leader in sustainable mineral development and mining innovation.
  • "I look forward to continuing to work with partners, both nationally and globally, in the development of sustainable minerals and green mining.
  • Also announced $5.4 million in funding to the International Institute of Sustainable Development to support their ongoing role as the Secretariat of the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development.

HIGH Q TECHNOLOGIES SECURES $3.75 MILLION FROM GOVERNMENT OF CANADA TO SUPPORT EXPANSION OF PROTEIN MEASUREMENT PLATFORM FOR DRUG DISCOVERY

Retrieved on: 
Monday, February 26, 2024

The funding will support High Q's commercialization of transformative Electron Paramagnetic Resonance (EPR) Spectroscopy systems to study protein dynamics for use in pharmaceutical and biotechnology applications.

Key Points: 
  • The funding will support High Q's commercialization of transformative Electron Paramagnetic Resonance (EPR) Spectroscopy systems to study protein dynamics for use in pharmaceutical and biotechnology applications.
  • Protein characterization is an indispensable part of the drug discovery process.
  • "This investment will improve access to cutting-edge EPR Spectroscopy that will enable scientists to further understand protein dynamics and accelerate drug development."
  • In 2019, the federal government invested $6.5 million in High Q Technologies, through the Strategic Innovation Fund, to support early research and development of revolutionary quantum sensor technologies designed to help academic structural biologists solve historically complex problems in protein dynamics.

Canadian Government Awards New Funding to General Fusion

Retrieved on: 
Tuesday, December 5, 2023

By 2100, the production and export of the Canadian industry’s fusion energy technology could provide up to $1.26 trillion in economic benefits to Canada.

Key Points: 
  • By 2100, the production and export of the Canadian industry’s fusion energy technology could provide up to $1.26 trillion in economic benefits to Canada.
  • When commercialized, a single General Fusion power plant will be designed to provide zero-carbon power to approximately 150,000 Canadian homes, with the ability to be placed close to energy demand at a cost competitive with other energy sources such as coal and natural gas.1
    “For more than 20 years, General Fusion has advanced its uniquely practical Magnetized Target Fusion technology and IP at its Canadian headquarters.
  • Government announced CA$5 million in provincial support for General Fusion’s homegrown technology, and we’re pleased to see the Federal government has now provided funds to support General Fusion.
  • The Canadian government is investing an additional CA$5 million for a total of CA$54.3 million to support the development of General Fusion’s energy technology through the Strategic Innovation Fund program.

Government of Canada appoints new President of the National Research Council of Canada

Retrieved on: 
Thursday, December 21, 2023

Minister Champagne also thanked Mr. Stewart for his leadership and his many contributions to research and innovation in Canada.

Key Points: 
  • Minister Champagne also thanked Mr. Stewart for his leadership and his many contributions to research and innovation in Canada.
  • "Congratulations to Mr. Davies on his appointment as President of the National Research Council of Canada.
  • The National Research Council of Canada (NRC) is Canada's largest federal research and development organization.
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    Follow National Research Council Canada on social media.

Government of Canada invests in biomanufacturing capacity in Calgary

Retrieved on: 
Wednesday, December 20, 2023

CALGARY, AB, Dec. 20, 2023 /CNW/ - The Government of Canada continues to make significant investments in Canada's biomanufacturing and life sciences sector by prioritizing innovative solutions and long-term domestic biomanufacturing capacity.

Key Points: 
  • CALGARY, AB, Dec. 20, 2023 /CNW/ - The Government of Canada continues to make significant investments in Canada's biomanufacturing and life sciences sector by prioritizing innovative solutions and long-term domestic biomanufacturing capacity.
  • This project aligns with Canada's Biomanufacturing and Life Sciences Strategy and aims to make Canada's vaccine supply chain more resilient by securing domestic lipid production.
  • Through this investment and our broader Biomanufacturing and Life Sciences Strategy, our government is building Canada's biomanufacturing capacity to ensure it can meet the future health care needs of Canadians."
  • This investment will help position Calgary as a cornerstone of Canada's critical drug manufacturing capacity and contribute to a strong, resilient economy for our region."

Westinghouse and ENEC Sign Agreement to Explore eVinci™ Microreactor Deployment

Retrieved on: 
Tuesday, December 5, 2023

Westinghouse Electric Company today announced the signing of a Memorandum of Understanding (MoU) with Emirates Nuclear Energy Corporation (ENEC) to explore deployment of the eVinci™ microreactor in the UAE.

Key Points: 
  • Westinghouse Electric Company today announced the signing of a Memorandum of Understanding (MoU) with Emirates Nuclear Energy Corporation (ENEC) to explore deployment of the eVinci™ microreactor in the UAE.
  • (Photo: Business Wire)
    The MoU will facilitate joint exploration of technical and commercial deployment in the Emirates and overseas.
  • Last week, the Saskatchewan Research Council announced a funding award to begin development of the first eVinci microreactor in Canada.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.

First Canadian eVinci™ Microreactor Targeted for Saskatchewan

Retrieved on: 
Monday, November 27, 2023

Westinghouse Electric Company today congratulated Saskatchewan Research Council on its funding to operate the first-ever eVinci™ microreactor in Canada.

Key Points: 
  • Westinghouse Electric Company today congratulated Saskatchewan Research Council on its funding to operate the first-ever eVinci™ microreactor in Canada.
  • Westinghouse and SRC signed an MOU last year to jointly develop a project to locate an eVinci microreactor in Saskatchewan to further explore industrial, research and energy use applications.
  • The test reactor, a one-fifth scale representation of an actual eVinci microreactor, will enable design finalization, testing and licensing of the technology.
  • Last year, the Canadian government awarded Westinghouse a grant from its Strategic Innovation Fund to further the technology’s development.

Government of Canada Launches $1.5-Billion Critical Minerals Infrastructure Fund

Retrieved on: 
Monday, November 20, 2023

With investments through the Critical Minerals Infrastructure Fund and the Strategic Innovation Fund, our government is strengthening the electric vehicle value chain we're building from coast to coast to coast by adding value to our critical minerals resources, from mineral processing to manufacturing and recycling."

Key Points: 
  • With investments through the Critical Minerals Infrastructure Fund and the Strategic Innovation Fund, our government is strengthening the electric vehicle value chain we're building from coast to coast to coast by adding value to our critical minerals resources, from mineral processing to manufacturing and recycling."
  • With the Critical Minerals Infrastructure Fund and the National Trade Corridors Fund, we're building to strengthen Canadian supply chains and foster economic resilience and sustainable growth in Canada."
  • "The $1.5-billion Critical Minerals Infrastructure Fund and the Strategic Innovation Fund will help unlock the critical minerals sector that is so important to the development of clean technology.
  • The CMIF is a key program under the Canadian Critical Minerals Strategy to support enabling clean energy and transportation infrastructure projects necessary to increase Canada's supply of responsibly sourced critical minerals.

Government of Canada Launches $1.5-Billion Critical Minerals Infrastructure Fund

Retrieved on: 
Monday, November 20, 2023

With investments through the Critical Minerals Infrastructure Fund and the Strategic Innovation Fund, our government is strengthening the electric vehicle value chain we're building from coast to coast to coast by adding value to our critical minerals resources, from mineral processing to manufacturing and recycling."

Key Points: 
  • With investments through the Critical Minerals Infrastructure Fund and the Strategic Innovation Fund, our government is strengthening the electric vehicle value chain we're building from coast to coast to coast by adding value to our critical minerals resources, from mineral processing to manufacturing and recycling."
  • With the Critical Minerals Infrastructure Fund and the National Trade Corridors Fund, we're building to strengthen Canadian supply chains and foster economic resilience and sustainable growth in Canada."
  • "The $1.5-billion Critical Minerals Infrastructure Fund and the Strategic Innovation Fund will help unlock the critical minerals sector that is so important to the development of clean technology.
  • The CMIF is a key program under the Canadian Critical Minerals Strategy to support enabling clean energy and transportation infrastructure projects necessary to increase Canada's supply of responsibly sourced critical minerals.