Manitoba government announces virtual reality funding

A new Virtual Reality Applications Fund is set to receive $100,000 annually from the Manitoba government, according to Science, Technology, Energy and Mines Minister Jim Rondeau.

Virtual reality is a technology that allows a user to interact with a computer-simulated environment. The technology can be applied to a variety of research, product development, training, simulation, prototyping and marketing activities in industries including architecture and gaming.

Rondeau said that Manitoba’s competitiveness depends on understanding and adopting value-added technologies such as virtual reality.

“Businesses could realize significant benefits from applying virtual reality to their product development and marketing efforts, and the new fund will give them a better opportunity to benefit from technology and expertise based right here in Manitoba.”

Companies wanting to use the technology at Manitoba’s Virtual Reality Centre will receive financial assistance from the fund.

“Access to new or specialized technology is a concern for new media developers,” said Kevin Hnatiuk of New Media Manitoba in a released statement.

The Industrial Technology Centre, which operates the Virtual Reality Centre new the University of Manitoba, will manage the new fund.

For more information on the Virtual Reality Applications fund visit www.itc.mb.ca

Related content:

Virtual democracy, by Blackberry

Manitoba hosts green conference

Wireless fund boosts small province tech

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now