The Government of Canada Seven businesses and organizations in the life sciences, manufacturing and tech sectors in Burnaby will receive 20.8 millions CAD. This money is to be used to access 3D printer technology and to create jobs.
The Canadian government says that PacifiCan The funding will enable the recipients to develop new products, improve their technology and boost sales.
The funding was announced by the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan) and the honourable Terry Beech, Minister of Citizen’s Services. Minister Sajjan, and Minister Beech, announced the funding. British Columbia Institute for Technology’s (BCIT) Centre for Applied Research and Innovation.
PacifiCan will provide funding for three programs. 1.9 Million CAD is allocated to the Regional Innovation Ecosystems, 12.9 Million CAD goes to the Business Scaleup and Productivity, and 5.9 MCAD is allocated to the Jobs and Growth Fund. PacifiCan states that it expects the funding to create 284 jobs.
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“Across British Columbia, organisations and businesses are working hard to propel B.C. forward. PacifiCan supports these innovators in their efforts to access new technologies, expand into new markets and create jobs. PacifiCan is proud to be a partner in helping Burnaby build a thriving, inclusive economy, one that leverages the diverse skills of these talented entrepreneurs and others throughout B.C.,” said Minister Sajjan.
Minister Beech added: “Burnaby is fast becoming a valuable hub for key sectors like life sciences, technology and clean energy. The investments today will further strengthen Burnaby’s reputation as a home to dynamic organisations and businesses that are working hard everyday to create jobs, promote innovation and strengthen the community.”
While at BCIT, Ministers announced that BCIT would receive over 1.9 millions CAD to create AAMTECH, an advanced additive manufacturing prototype hub for 3D printing. This project provides local small- and medium-sized companies with access to 3D technology and expertise to allow them to produce prototypes in a variety of materials such as advanced composites (advanced metals), foods, and biomanufacturing.
The hub is expected to support 60 businesses. It will help 90 products or services reach the market, and offer training opportunities.
Dr. Jeff Zabudsky, President, BCIT said: “Today’s announcement furthers the important work of the BCIT Centre for Applied Research and Innovation, creating practical learning opportunities for BCIT students, while providing practical solutions to industry challenges. BCIT is expanding its support for multiple manufacturing sectors, including metals and composites. Businesses, organisations, and BCIT researchers and students now have a truly state-of-the-art space to build innovation in the 3D printing arena.”
Garibaldi GlassOne of the companies that received funding is. This company provides glass solutions for various glazing needs in the commercial, residential and hospitality industries as well as public and marine institutions.
Garibaldi Glass Vice President of Operations Chris Mobius said: “At Garibaldi Glass, we are excited to play an active role in contributing to the advancement of Burnaby’s thriving economy. With the recent support of BSP and JGF funding, we are reinforcing Burnaby’s position as a vibrant hub for innovation. Our commitments to quality and excellence have enabled us to expand our business beyond British Columbia. This has led to the creation of jobs and the introduction of cutting-edge technologies, such as our second production line, to promote positive change. As we grow internationally, we remain dedicated to promoting innovation, creating opportunities, and strengthening the community we proudly call home.”
