DIGITAL TECHNOLOGY SUPERCLUSTER WANTS TO INVEST $1.4 BILLION IN ITS PROJECTS (Providence Health Care)
One of the supercluster consortia shortlisted in the Canadian government’s supercluster initiative has released the full details of its final application.
In October, the federal government announced nine superclusters eligible for part of $950 million allotted for consortia of small businesses, industry, and not-for-profits that leverage private sector funding focused on sectors like agri-food, infrastructure, and clean energy. Five superclusters will be finalized this year.
The founding members of the supercluster include Telus, Microsoft, Teck, Change Healthcare, Providence Health Care, and the University of British Columbia. Since being shortlisted, members like Shoppers Drug Mart, Canfor, GE Digital, The Terry Fox Research Institute, Princess Margaret Cancer Centre, SickKids and 200 other organizations have reportedly joined the bid, resulting in $500 million in committed funding.
Jessica Galang reports