Ontario launches investment strategy to boost technology innovation:
This article was originally published in Clinica
A new Can$500m (US$435m) investment strategy launched by the economic development and trade department of Ontario aims to boost the development and utilisation of technological innovations by providing loans that are interest-free for the first five years. "By strategically investing in innovation, Ontario will create the most rewarding jobs and build the strongest economy," said Ontario's premier and minister of research and innovation, Dalton McGuinty. The Advanced Manufacturing Investment Strategy will focus on innovations in four areas: manufacturing processes and technologies; materials; innovative waste management technologies; and energy efficiencies.