Hamilton, ON – The federal government is providing $2.1 million to accelerate technology and knowledge transfer in Southwestern Ontario.
Awarded to the C4 group of universities a partnership among McMaster University, the University of Waterloo, the University of Guelph, the University of Western Ontario and their affiliated hospitals and research institutes* the funding will support the development and commercialization of research.
C4 is based on a joint vision for co-ordination, co-operation, collaboration and commercialization. The University of Windsor, and Wilfrid Laurier and Brock universities will also benefit from the investment. The joint initiative puts the consortium on par with the largest technology transfer institutions in the United States.
Janet Walden, vice-president of research partnerships for the Natural Sciences and Engineering Research Council (NSERC), says the C4 is a perfect example of what the federal granting agencies want to achieve from the intellectual property mobilization program. “This is a concerted effort among academic institutions in Southwestern Ontario to increase the commercialization of research in the region through effective sharing of resources, managing and protecting intellectual property, encouraging entrepreneurship and making industry more aware of the knowledge and technology resources at their disposal,” she says.
Collectively, the C4 represents a very significant research capacity. Almost 40% of the sponsored research income in Canada comes from Ontario’s 19 universities, with 35% of those research dollars being attracted by the C4. “The coming together of our universities to ensure that we create the maximum possible bandwidth to move our creative outputs from our universities and into society is something we are very proud of,” says Alan Wildeman, vice-president of research at the University of Guelph, on behalf of all the C4 partners.
The intellectual property mobilization program is funded by the Canadian Institutes of Health Research (CIHR), the Natural Sciences and Engineering Research Council (NSERC), and the Social Sciences and Humanities Research Council (SSHRC). IPM grants are intended to further strengthen the ability of institutions to manage their intellectual property, attract potential users and promote the professional development of intellectual property personnel through a network approach.
* NOTE: Affiliated hospitals and research institutes include: the Robarts Research Institute, the Lawson Health Research Institute, Hamilton Health Sciences and St Joseph’s Healthcare Hamilton.