Government of Canada launches historic job-creating superclusters initiative
$950-million initiative will help grow the economy
News Release - May 24, 2017
Ottawa – Innovation, Science and Economic Development Canada
Canadians will benefit from the well-paying middle-class jobs that will be created as a result of a $950-million initiative designed to jumpstart innovation in high-growth sectors.
The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, today launched an initiative to select up to five innovation superclusters that will qualify for this historic investment from the Government of Canada.
This program, a centrepiece of the Government’s Innovation and Skills Plan
, represents a federal investment in innovation on a scale that has never been seen in Canada. The purpose of this initiative is to create more middle-class jobs and more opportunities for Canadian businesses to grow into globally successful brands.
Successful proposals will be evaluated based on their strategy for creating and growing new companies, creating jobs that require advanced skill sets, equipping Canadians with the knowledge and skills for the jobs of the future, attracting private investment and generating meaningful economic activity that leads to prosperity for Canadians.
Read the full news release here