Social Sciences and Humanities Researchers receive $44M in funding

Researchers in the social sciences and humanities at post-secondary institutions across Canada will receive $44 million in funding, the federal government announced last week.

The funding was awarded through the Partnership Grants and Partnership Development Grants programs at the Social Sciences and Humanities Research Council (SSHRC). The new funds will support collaboration between the private, public and non-profit sectors to advance our understanding of people and society.

Manitoba’s Brandon University, one of the successful applicants, will use the grant to support its Rural Policy Learning Commons initiative which aims to improve the social and economic well-being of people living in rural and northern regions of Canada.

The SSHRC currently funds 233 partnerships involving 50 post-secondary institutions and 1352 partner organizations. The agency disburses approximately $340 million in funding each year to support more than 8,400 research projects.

The new funding comes on the heels of another $68.1 million which was awarded last week to five commercialization centres under the Centres of Excellence for Commercialization and Research (CECR) program, administered by the Natural Sciences and Engineering Research Council (NSERC).

Budget 2014 included a total of $1.6 billion to provide ongoing support to the Academic and Research sector. Of these funds, $1.5 billion was allocated to create the Canada First Research Excellence Fund, administered by the SSHRC, and an additional $46 million was allocated to support the country’s post-secondary granting councils: NSERC, Canadian Institutes of Health Research, SSHRC, and the Indirect Costs Program.

Through its proprietary database of all Canadian funding programs, The Funding Portal has identified 2,286 different government funding programs available to the research sector, of which 704 are sector-specific. The portal also identified 187 additional programs offered by the private sector and foundations, for a total of 2,469 different funding programs available to Canada’s public and private sector researchers.

Post-secondary researchers and companies seeking access to commercialization services are invited to register for The Funding Portal’s new MyFundCardTM network. B y creating a profile on the network,  you will become eligible for matches between these two groups, as well as private-sector sources of capital and investment, public-sector sources of funding, and dealers and experts who help companies secure financing.

FundingAwards – Who got Funded – Week of Aug. 25

Overall Disbursements:  Funding from federal and provincial governments grows to $128.9M this week, compared to $114.1M last week.

Top Sector: Health and Life Sciences is the top sector this week, attracting $64.6M, 50% of the total amount disbursed.

Top Region: Ontario is the top province this week, attracting 38% of the total amount disbursed.

Top Recipients in Ontario: 

  • Industry: Toronto-based independent artist services company Arts & Crafts receives $550,000 from the federal Canada Music Fund to help foster a strong Canadian music industry.
  • Hospitals, Universities, Research Centres & Industry Associations: The Centre for the Commercialization of Antibodies and Biologics receives $15 million from the federal  Centres of Excellence for Commercialization and Research (CECR) program to support its activities.
  • Charities, Non-Profits & Public Sector: Charitable organization CIVIX receives $200,000 from the federal Youth Take Charge program to support its “Student Vote 2014″ and “Student Budget Consultation 2015″ projects.

Funding Disbursed by Industry Sector:

Sectors

Funding Disbursed by Province:

pros

Active Funding Programs this Week:

  • AgriInnovation
  • Aide aux initiatives de partenariat
  • Building Communities Through Arts & Heritage
  • Business Development Program
  • Canada Book Fund
  • Canada Music Fund
  • Centres of Excellence for Commercialization & Research (CECR)
  • Discovery Grants Program
  • Emergency Services Provider Fund
  • Enabling Accessibility Fund (EAF)
  • First Nations Clean Energy Business Fund
  • Flood Risk Infrastructure Investment Program
  • Fonds d’aide pour la protection des rivières à saumon
  • Growing Forward 2
  • New Horizons for Seniors Program (NHSP)
  • Partnership Development Grants/Partnership Grants
  • Programme d’aide à la diffusion en variétés
  • Programme de développement de l’industrie touristique
  • Programme de soutien à la formation continue du personnel scolaire
  • Programme Relève et mise en valeur
  • Quebec Economic Development Program
  • Western Innovation (WINN) Initiative
  • Youth Employment Strategy (YES)
  • Youth Take Charge

To receive daily reports on which organizations received funding in Canada, subscribe to The Funding Portal’s MONEYTRACKER™ service.

FundingSources – Must Reads

This week’s Must Reads from Funding Agencies and Industry Associations

  • Canada Revenue Agency: The federal government highlighted pilot projects to help small and medium enterprise (SME) compliance. The Liaison Officer Initiative (LOI) focuses on providing in-person support to businesses as their operations grow. The CRA initially launched two LOI pilot projects in March 2014, one in Ontario, and the other in Quebec. The LOI is based on a “right from the start” approach which allows the CRA to address non-compliance in a more efficient and effective way by focusing on educating, informing and supporting small and medium businesses.
  • Finance Canada: There was a federal budgetary surplus of $1.6 billion in June 2014, compared to a surplus of $0.2 billion in June 2013. Program expenses were down $0.4 billion, or 0.7 per cent, reflecting a decrease in direct program expenses, offset in part by increases in major transfers to persons and other levels of government. Public debt charges were down $49 million, or 0.6 per cent.
  • Finance Canada: Finance Minister Joe Oliver attended a business roundtable hosted by AceTech, a non-profit organization that provides training and mentorship for CEOs of innovative firms. Minister Oliver consulted with them on the state of the science and technology sector as well as the state of Canada’s economy.
  • Réseau Capital: Although activity in the venture capital (VC) market in Quebec slowed in the second quarter, it is worth noting that the share of financing of companies in early-stage development (at the seed and start-up levels) doubled, capturing 26% of the market.

QP Briefing: Premiers agree to Canadian energy strategy, marking a win for Wynne

By John Michael McGrath

CHARLOTTETOWN-The Canadian premiers agreed on Friday to a statement of principles to guide a Canadian energy strategy, which includes an explicit endorsement of carbon pricing as an “appropriate initiative” to prod businesses and government to rely on less greenhouse-gas-intensive forms of energy.

But environmentalists shouldn’t pop the champagne corks yet: the provincial leaders aren’t endorsing any one form of carbon pricing (whether it be a carbon tax or a cap-and-trade system) and they certainly aren’t endorsing a federal imposition on their economies.

“That’s options for different provinces across the country that have their own solutions around these areas,” said chair and Premier of Prince Edward IslandRobert Ghiz. While PEI is pursuing the generation and storage of wind energy, Saskatchewan is pursuing carbon capture and storage.

“I don’t think we want the federal government setting a price on carbon, that’s the express opinion of Saskatchewan,” said Premier Brad Wall.

There’s not much chance the Harper Conservatives would do that, but that could be a possibility if Liberal Justin Trudeau wins the 2015 election, or the NDP hold the balance of power in a minority Parliament.

While provincial premiers may be collectively less ambitious on climate change than environmentalists prefer, the declaration of principles for a national energy strategy is nevertheless a success for the Council of the Federation, one that Premier Kathleen Wynne can claim some measure of credit for.

Wynne visited then-premier of Alberta Alison Redford in October 2013, and argued then that Alberta couldn’t win its argument for the expansion of oil pipelines across the country without committing to action on global climate change.

The statement of principles includes an explicit commitment to battling climate change as well as non-discriminatory transmission of energy supplies-whether electricity or oil, gas or coal-across provincial borders.

Sources in multiple provincial governments told QP Briefing on Thursday that the statement of principles might not happen at all: the government of Quebec, with still-new Premier Philippe Couillard, wanted more time to engage on the document that his predecessor (Pauline Marois) had shunned. There were also divisons between Alberta and Saskatchewan, and British Columbia, Ontario and Quebec on the need for strong climate change commitments.

Instead, with Quebec joining as a full partner to the Canadian Energy Strategy and a consensus document signed by all 13 premiers (noting, in an asterisk, that Quebec has still not agreed to the Canadian constitution itself) Wynne can count the document as one of the real successes of her tenure at the Chair, a position she relinquished to Ghiz this week.

Other successes will have to wait for the future. While other premiers have joined Wynne’s call for greater federal spending on infrastructure, they did not agree on the $30 billion figure Wynne advocated earlier this summer.

Pension expansions, too, will have to wait for provincial unanimity-or, more likely, the results of the 2015 federal election.

Sources from Wynne’s office say they’ve effectively primed some of their provincial premiers who were more reticent on the pension issue with polling data they brought after Wynne’s June 12 victory. QP Briefing was told the premier didn’t expect to come out of this meeting with a solid consensus, but instead sought to reassure skeptical premiers there’s political security in the issue of retirement security.

The polling data Wynne brought shows large supermajorities across the country believe that public pension systems need to be expanded to deal with increasingly insecure ageing populations, but the most convincing evidence may have been Wynne’s presence at this conference itself. An Ontario Retirement Pension Plan featured centrally in her party’s election campaign, and despite business concerns about a payroll tax increase, the Liberals were re-elected handily.

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Canadian Private Financing and M&A News Roundup – Week of Aug. 25

  • BioTech
    • Milton, ON’s Tribute Pharmaceuticals Inc. raised $27.9M post-IPO. The company’s primary focus on the acquisition, licensing, development and promotion of healthcare products in Canada.
    • Toronto’s Xagenic Inc. raised $5.1M in a series B round. The company has developed an easy-to-use, lab-free molecular diagnostic platform that delivers results in 20 minutes.
    • Markham’s GeneNews Ltd. raised $6.7M post-IPO. The company specializes in the commercialization of molecular diagnostics for the early detection of cancer and chronic disease.
    • Calgary’s Resverlogix Corp. raised $30M in debt financing through a Citibank loan. The clinical stage cardiovascular company offers an epigenetic platform technology that modulates protein production.
    • Markham’s Nightingale Informatix Corp. raised $3.5M from Beedie Capital Partners. The company is a cloud-based electronic health record and practice management software provider.
  • Cleantech
    • Oakville’s Smart Energy Instruments closed a $5M Series A round led by Venturelink Funds, The Ontario Capital Growth, ArcTern Ventures, and 3M New Ventures. The company develops game-changing ubiquitous measurement technologies for the burgeoning “Smart Grid” to address.
  • Natural Resources
    • Avrupa Minerals Ltd. closed financing of $1.1M through strategic investors.
  • Tech
    • Toronto’s Smart Energy Instruments raised $5.6M in a round led by  3M New Ventures, along with Venturelink Funds, ArcTern Ventures (formerly MaRS Cleantech Fund) and the Ontario Capital Growth Corporation. The company develops electronic chipsets with high-precision, real-time monitoring capabilities for smart grid applications in the electric utility industry.
    • Toronto’s FlyBits raised a $3.8M Series A round led by Robert Bosch Venture Capital. The software company develops tools that allow users to create predictive and context-aware computing environments.
    • Waterloo’s Plasticity raised $2.1M in a Series A round led by Fibernetics Ventures. Plasticity is a single, integrated, mobile and web app, changing the way organizations of all sizes measure, manage and stimulate positive workplace culture.
    • Mississauga’s CentriLogic, a global provider of cloud, managed hosting, co-location and advanced IT outsourcing solutions, acquired Adveniat Corporation, a U.S. Virgin Islands data center operator and hosting services provider. Adveniat’s data centre has the largest single concentration of unused Internet bandwidth in the world.