New funding for college research and development projects

Technology savvy colleges in Ontario may get a boost from the province through a new program launched today.

The College Partnerships Program (CPP) – a Communications and Information Technology Ontario (CITO) initiative – will invest a total of $500,000 in funding in high-tech research and development projects between colleges and industry partners this year.

“While designing this program, we conferred with many college presidents and research directors, the Association of Colleges of Applied Arts and Technology of Ontario and the government,” said Dr. Darin Graham, the president of CITO. “I believe the result truly reflects the diverse opportunities and challenges that are unique to our colleges and their students.”

Applications for projects, which should be one year in duration with budgets between $50,000 and $100,000 not including an industry investment, are currently being accepted by CITO. All projects that apply for funding must have a contribution from an industry partner.

“We’re doing our best to ensure our province’s high-tech industry has the knowledge, skills and products it needs to compete nationally and globally,” said Jim Flaherty, who heads the Ministry of Enterprise, Opportunity and Innovation which funds CITO.

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