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Innovation Support Workshop

Innovation Support Workshop. Western Economic Diversification – Who Are We?. Who Are We?. Federal Department Established in 1987 Offices in four Western Provinces, with Headquarters in Edmonton Liaison office in Ottawa Approximately 450 employees. What is our Mandate?.

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Innovation Support Workshop

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  1. Innovation Support Workshop Western EconomicDiversification – Who Are We?

  2. Who Are We? • Federal Department • Established in 1987 • Offices in four Western Provinces, with Headquarters in Edmonton • Liaison office in Ottawa • Approximately 450 employees

  3. What is our Mandate? • To promote the development and diversification of the western Canadian economy, coordinate federal economic activities in the West, and reflect western Canadian interests in national decision making.

  4. More Specifically: • We administer programs that advance innovation, entrepreneurship and community economic development in the four western provinces.

  5. How Do We Do This? • In some circumstances we provide grants and contributions to organizations, and in others we offer loan programs through partner organizations.

  6. Grants and Contributions • This is non-repayable funding that is provided to an organization to further a specific project or objective that meets our guidelines. • Some recognizable examples: • Springboard West Innovations Inc • Canadian Light Source Inc • Petroleum Technology Research Centre • VIDO/Intervac facility at U of S

  7. G’s and C’s - Some Basic Requirements: • Must be a non-profit organization such as a University, Trade Association, Research Organization, etc. • Project has primary goal of economic development, through innovation, technology commercialization, knowledge infrastructure, etc.

  8. G’s and C’s - Some Basic Requirements, cont’d: • Preference is to leverage our funding with other funds, whether from the client, the Province, industry or even with other Federal Departments • Preference is to have a defined project with beginning and end date, as opposed to operating funding.

  9. G’s and C’s – Basic Requirements, cont’d • If project is research based, we prefer to see commercialization outcomes within three to five years • Concentrate on specific, measurable outputs from projects. For example, • Jobs or businesses created • International investment attracted to the province • Improved business processes and efficiencies for regional businesses

  10. Loan Programs • Available through WD partners: • Affinity Credit Union Micro Loan Program • Community Futures Development Corporations • Women Entrepreneurs of Saskatchewan • Each organization has its own loan program, which it administers with support from, but separate from WD, so details can be obtained from the organizations.

  11. Other Programs: • Canada/Saskatchewan Business Service Centre • Serves as a single point of access for information on federal and provincial government services, programs and regulatory requirements for business

  12. Infrastructure Programs • WD also delivers Infrastructure Canada programs, to help maintain and create shared physical assets that support economic growth and quality of life in communities across Canada.

  13. Infrastructure Programs • Municipal Rural Infrastructure Fund (MRIF) - $278 M in the west • Public infrastructure such as water, wastewater, culture and recreation • Building Canada Fund - $339 M for SK • Major Infrastructure Component (4 by WD) • Communities Component (145 projects)

  14. Infrastructure Program (cont’d) • Community Adjustment Fund (CAF) - $306 M for Western Canada - Support projects that will reduce the short term impacts of the economic downturn. • Recreational Infrastructure Canada (RinC) - $163 M for Western Canada - Provides funding for recreational facilities

  15. Alberta/Saskatchewan Centenary Program • WD has been used to administer funding programs that are one-time programs, and are not in the jurisdiction of any other department. • Some examples of projects funded under the Centenary Program: • RCMP Heritage Centre • Persephone Theatre • Prairieland Exhibition

  16. How to contact us: • Website – www.wd-deo.gc.ca • Saskatchewan office – toll free number 1-888-338-9378 • Saskatoon Office address P.O. Box 2025 601 – 119 4th Avenue South Saskatoon SK S7K 3S7

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