Transforming Canada’s Innovation Landscape
The federal government has created an opportunity to focus on filling gaps in the Canadian innovation landscape and jumpstart high-growth sectors, and it represents a significant opportunity for PSE’s who are strong in research and industry partnerships. The recent announcement of a $950 million federal government investment to develop “Superclusters” -- industry-led, education-backed consortia designed to accelerate economic growth and resiliency -- confirms the federal government’s plan to compete with major global centres of innovation like Silicon Valley.
Supercluster investments will seek to drive international competitiveness, long-term prosperity, and job creation by positioning Canada as a global leader in key areas including advanced manufacturing, agri-food, digital technology, artificial intelligence, health and bio-sciences, clean resources, infrastructure and transportation.
The proposals are to result in the formation of a non-profit organization and three to five superclusters will be funded by the end of the year. The federal investment must be matched by industry and be based on a compelling case. Winning consortiums will complete a full proposal and must include two industry-leading “anchor” companies, six small and medium-sized enterprises, and one PSE institution.
The opportunity is a long-term play and the success of funded superclusters will depend in large part on the strength of pre-existing research and teams, both organizations and PSE partners. Long-term success will also depend on many other factors, including long-term sustainability of operating funding, understanding the dynamics of innovation eco-systems, understanding scalability, and the ability to integrate and implement.
Letters of intent can be submitted by consortia up until July 21st, articulating how the proposed group will contribute to creating a globally competitive sector with high-paying, “resilient” jobs and boost economic growth for Canadian companies.
The federal government has created an opportunity to focus on filling a missing gap in the Canadian innovation landscape, which is a major opportunity for the right PSE institutions.
Complex partnership development, linking to pre-existing platforms, integration of commercial and academic research goals and timelines, identifying and articulating the success factors that will lead to key objective fulfillment are all crucial to sealing the deal.
Magnus Associates facilitates partnership development for complex, large scale research/knowledge intensive proposals.
Paul Dugsin, managing partner at Magnus Associates, is a strategic planner that drives major initiatives for large private sector and institutional clients in Canada, the US, Germany, and Brazil. His special areas of focus include: complex and international partnership development, large-scale innovation and R&D strategy, resource alignment, and multi-party funding initiatives. To date, Paul has secured nearly $1B in funds for client initiatives.