College Applied Research Delivers Results for Business
Canada’s small- and medium-sized enterprises (SMEs) are seeking out college partnerships to formulate innovative and sustainable solutions that increase economic growth and drive employment.
Over 15 partners and counting are working with Canadore and their new Innovation Centre for Advanced Manufacturing and Production (ICAMP). The Centre is a unique partnership focused on business development and expansion that allows companies to conceptualize, design, prototype and improve or test new products for the commercial marketplace. The facility will assist in technology transfer, act as a retention tool and stimulate business growth.
Javelin, a software design company specializing in providing solutions for mechanical design, electrical design and rapid prototyping, is one of Canadore’s partners. The ICAMP facility will use Javelin’s leading-edge technology to help businesses test and improve new products before investing in mass manufacturing.
“Canadore is one of our inspirations,” said Neeta Sharma, a Certified SolidWorks Professional at Javelin.“So many businesses and institutions say they want to take the next step, but don’t ever do it. Canadore isn’t just about talk…they take action and are changing the face of high-tech manufacturing across the globe.”
The benefits of college-related applied research include better production processes, new or improved products and services, and increased interest in research and development.
“Embracing applied research is a win-win situation for Canadore and for the communities we serve,” said Charles Gagnon, Canadore Manager of Corporate Relations. “This type of investment will not only mean better industrial and consumer products, but also create new jobs and stimulate significant economic growth and prosperity.”
Approximately 70 percent of Canada’s new jobs are stimulated through the government of Canada’s current research and development funding. Investments by the private sector have also increased by 18 percent totaling $59.4 million which signals an ongoing need for applied research initiatives like ICAMP.
The ICAMP facility will provide SMEs with access to design space, cutting-edge technologies such as 3D printers and scanners, a 3D theatre room and more. The Centre is under construction at Canadore’s Commerce Court Campus and is slated to open its doors in September 2013.
Canadore provides access to over 60 full-time quality programs and has outstanding faculty and student services. Each year, approximately 1,000 graduates join a network of 39,000 alumni working around the globe.