Ministers Unveil Strategic Investment Plan
Burnaby, British Columbia – The Canadian government, represented 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 Citizens’ Services, will make a significant funding announcement aimed at bolstering several Burnaby-based organizations. The primary focus of this investment is to facilitate the commercialization of new products, acquire advanced technologies, and boost sales.
Empowering Innovation for a Prosperous Future
As the event unfolds at the BCIT Centre for Applied Research and Innovation, attendees will have the opportunity to witness insightful remarks from both ministers. The strategic Canadian Government investment plan is anticipated to ignite a wave of innovation and economic growth in the region. Following their announcements, the ministers will engage in an interactive question-and-answer session with members of the media, elucidating the government’s vision for propelling local businesses and fostering a climate of technological advancement.
Date: Thursday, July 27, 2023
Time: 10:00 am PT
Location: BCIT Centre for Applied Research and Innovation 4355 Mathissi Place Burnaby, BC
The funding announcement represents a crucial step towards positioning Burnaby as a hub for innovation and economic prosperity.
As Canada embraces a forward-looking approach to technology and business development, this strategic investment aims to cultivate a vibrant landscape of opportunities for Burnaby-based organizations, propelling them towards success on both domestic and global stages.
The significance of this event cannot be understated, as it heralds a promising chapter in the journey towards a dynamic and prosperous future for the region.
The BCIT Centre for Applied Research and Innovation, located in Burnaby, stands as a hub of technological advancements and industry collaborations.
This state-of-the-art research facility, situated within the British Columbia Institute of Technology (BCIT), has a unique position that enables it to focus on applied research projects bridging the gap between academia and real-world applications.
With its strategic location in Burnaby, the centre reaps the benefits of its proximity to numerous high-tech companies, thus making it an ideal environment for innovation to thrive.
At the BCIT Centre for Applied Research and Innovation, a dedicated team of researchers collaborates closely with industry partners to tackle complex technical challenges. The centre’s mission is clear: to provide innovative solutions that effectively address real-world problems faced by businesses across various sectors.
By leveraging the funding from the Canadian Government Investment and utilising their expertise in fields such as engineering, computer science, and environmental sustainability, the researchers at BCIT are able to develop cutting-edge technologies that have practical applications.