$51 million to boost innovation, research in Ontario

genomeOntario is awarding a total of $51 million to support world-class studies and research talent at leading institutions across the province, laying the foundation for Ontario’s future knowledge-based economy.

This funding will help sharpen Ontario’s competitive edge by fostering discoveries; leading to new technologies, treatments and cures for cancer patients and other diseases while supporting high quality, knowledge-based jobs for Ontarians. It will also drive the province’s ability to attract and retain the best and brightest research talent.

Reza Moridi, Minister of Research, Innovation and Science, said: “Ontario’s capacity to compete globally depends on harnessing our research, innovation and entrepreneurial strengths. Our government is proud to support the work of people who are at the forefront of scientific discovery leading to new treatments, cures and technologies. Their efforts will bring promising new technologies to market, growing our innovation economy to help Ontario compete and win in the global economy.”

The funding will:

  • Support 161 state-of-the-art and industry-relevant infrastructure initiatives at 25 institutions by investing $34.7 million through the Ontario Research Fund – Research Infrastructure program
  • Help support the work of 79 promising and recently appointed researchers at 22 institutions while creating jobs for graduate and undergraduate students, post-doctoral fellows, research assistants, associates and technicians by investing $11 million through the Early Researcher Awards
  • Promote the use of genomics to solve real-life problems, including global health issues like cancer and Hepatitis C, by investing $3.4 million to five research projects at three institutions through the Ontario Research Fund – Genomic Applications Partnership Program
  • Support five genomics research projects in order to grow Ontario’s agri-food, fisheries, and aquaculture industries by investing $1.8 million at five institutions through the Ontario Research Fund – Large Scale Applied Research Project.

Specific information about projects across the province will be made available in the coming weeks.

Projects were evaluated through a rigorous peer review process involving Canadian and international academic and industry experts. Successful projects were chosen based on their research excellence and their economic and societal benefits to Ontario.

Including these awards, Ontario has committed and announced $951 million towards 2,235 projects through the Ontario Research Fund – Research Infrastructure program.

Ontario awarded 901 Early Researcher Awards to the province’s leading early career researchers, since the program’s inception in 2005.

Through the Ontario Research Fund, Ontario provides co-funding for Genome Canada’s Genomic Applications Partnership Program (GAPP). To date the Ontario Research Fund had invested $3.4 million in GAPP projects. – CINEWS

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