Funding for Innovation and Robotics Competition

The three-day event will attract more than 1000 competitors and their families, as well as teachers and mentors to the region. Teams will showcase their robotic devices and compete in a series of events for a chance to win scholarships and the opportunity to participate in the FIRST World Robotics Championships held in St. Louis, Missouri this year.

In addition, Minister of State Ed Holder to announce a $50,000 investment in Innovation Initiatives Ontario North (IION) to enhance and accelerate the adoption of advanced design, prototyping, manufacturing and productivity technologies by businesses in Northern Ontario.

IION is a not-for-profit organization that provides expert business advisory services and strategic planning advice. The funds were made available through the National Research Council’s Industrial Research Assistance Program (IRAP).

“We need to keep advancing ideas from the lab to the marketplace,”“Innovation is clearly a key driver of the modern economy. Since 2011 I have secured $8 million federal investment for development of local high-tech companies in my region. The investment announced today will permit IION to assist in the development and growth of more businesses providing more high-skilled and well-paying jobs”

The day also included and industry- academic forum with local businesses and academic institutions focusing on ideas and more partnerships between the two fields for greater economic growth for the region.