Lab2Market Awarded Government of Canada Grant

Article by Life Sciences Nova Scotia. Full article is available here.

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Canada’s National Network for Innovation, Commercialization, and Entrepreneurship Skills Training Receives Over $32 Million Over 5 Years

Lab2Market™ is pleased to announce it has been awarded more than $32 million over the next five years from the Government of Canada through the Lab to Market grants, administered by the Natural Sciences and Engineering Research Council of Canada (NSERC) in collaboration with the Canadian Institutes of Health Research (CIHR) and the Social Sciences and Humanities Research Council (SSHRC).

“Lab to Market grants bridge the gap between research ideas and their translation into economic and social innovation,” says Prof. Alejandro Adem, FRSC, President, Natural Sciences and Engineering Research Council of Canada. “The four impressive networks will collectively offer tools and resources for researchers at all levels across the country to develop the skills they need to translate their great ideas into innovations for the benefit of Canadians. I can’t wait to see the results that will emerge from this new initiative.”

This Government of Canada funding for Lab2Market also leverages the Business Strategy Internship program from Mitacs—Canada’s innovation organization that connects businesses with researchers, providing skilled talent, resources, and funding to transform academic breakthroughs into real-world impact.