$3 million in federal funding announced for Kingston health-care innovation projects | The Kingston Whig Standard
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“COVID-19 has highlighted the critical importance of keeping Canada on the cutting edge of health technology,” she said. “Collaboration and innovations are resulting in new medical solutions at a pace never seen before.
“The partners will leverage three technology development labs where business can access expertise and tools to test and refine innovative ideas.”
Young said the program will also provide business advisory support to help with the development and growth of 37 SMEs (small and mediums-sized enterprises) and commercialize 10 new health innovations.
“Overall it will diversify Kingston’s economy and help secure Kingston and Canada’s position among the leaders in innovative health technologies.”
Kingston Mayor Bryan Paterson said Tuesday’s announcement is about creating jobs as well as attracting new investment to the city.
“It’s about creating those quality career opportunities for people in our community,” he said. “This is what economic development is all about.”
He said innovative health technologies is an industry that’s becoming increasingly important to the national economy.
Queen’s University principal Patrick Deane said staff, faculties and students are looking forward to contributing their expertise and their passion for research and innovation to the initiatives that have been brought together by the funding.
“I think there’s tremendous potential for success when government and community partners come together and work toward a shared vision,” he said. “Queen’s looks forward to working with everyone involved in this project as we leverage our collective talents, our expertise and creativity to make Kingston an important centre for health innovation.”