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[news 2005
- 2006]
PARTEQ,
OCE expand funding reach to five innovation sectors
March 26, 2006
For immediate release
KINGSTON, ON -- PARTEQ Innovations, the technology transfer
office of Queen’s University, and Ontario
Centres of Excellence (OCE) Inc. are pleased to
announce a new broadly based alliance for advancing
university-generated discoveries into the commercial
stream.
The two organizations will work together to find, fund
and commercialize promising early stage technologies
arising out of research across the Kingston region in
five broad areas: Earth and environmental technologies;
energy; materials and manufacturing; photonics; and
communications and information technology.
“This partnership makes sense on so many levels,”
says Bryan Kanarens, Director of Strategic Programs
for OCE’s Centre for Communications and Information
Technology. “It coordinates our joint efforts
as we unearth the best of Queen’s research in
five targeted innovation sectors. It also gives researchers
access to the so-called gap funding that is so crucial
to moving technologies toward commercialization. It’s
a tremendous opportunity for researchers who think they
may have something that, taken to market, can make a
real difference in the world.”
The funding program is also available to researchers
at the Royal Military College and Kingston General Hospital,
and to industry/small business partners that are working
with post-secondary institutions.
“Recently we announced a similar program with
the Centre for Communications and Information Technology,
and we are pleased to see it expanded across the rest
of OCE’s centres,” says Randall North, Associate
Director of Commercial Development at PARTEQ. “Our
collaboration with OCE broadens our ability to accelerate
commercialization of intellectual property resulting
from university-generated research.”
Under this broadened initiative, researchers will now
be eligible for funding and expertise for advancing
the development of their research, including:
• Scale-up of technologies for demonstration purposes
(e.g., creating, testing or improving a prototype);
• Assessment of proof-of concept, development
of mockups or working models, feasibility testing and
protection of intellectual property; and
• Technology improvements or feature enhancements.
Based on the merits of proposals, grants of $10,000
to $100,000 will be considered. Assessment criteria
will be based on OCE’s existing Market Readiness
Program. Eligible researchers will also be provided
with market assessment and technology evaluation expertise,
and, where applicable, assistance with creating spin-off
companies.
Researchers who are interested in this program should
contact Randall North at PARTEQ Innovations, ext. 78355,
rnorth@parteqinnovations.com,
or Bryan Kanarens at the Centre for Communications and
Information Technology, ext. 36451, bryan.kanarens@oce-ontario.org.
About Ontario Centres of
Excellence:
OCE Inc. is a not-for-profit corporation that delivers
the Ontario Centres of Excellence program made possible
through the financial support of the Ontario Ministry
of Research and Innovation. OCE Inc. supports the commercialization
of industry and academic collaborations and the development
and deployment of the next generation of talent in specific
technologies across a range of market sectors including
communications and information technology, earth and
environmental technologies, energy, materials and manufacturing
and photonics. For more information, please visit our
web site at www.oce-ontario.org.
Contact:
Randall North,
Associate Director, Commercial Development
PARTEQ Innovations
P: 613. 533. 2342
E: rnorth@parteqinnovations.com
Bryan Kanarens,
Director of Strategic Programs
Centre for Communications and Information Technology
P: 613. 533. 6451
E: bryan.kanarens@oce-ontario.org
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