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Government of Canada announces call to launch intellectual property collective
Pilot project will help Canadian companies reap the full benefits of IP to grow their business
February 13, 2019 – Ottawa, Ontario
When Canadian companies put intellectual property (IP) at the core of their business strategy, they are better positioned to grow and succeed. This is why the Government of Canada is making sure that our small and medium-sized enterprises (SME) have the tools and supports they need to expand their business and become more competitive.
Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, launched the Patent Collective pilot program to assist SMEs with their patent and other IP needs. Canadian entities that can gather a team with experience in delivering high-quality patent advice are invited to apply. The chosen applicant will receive $30 million in funding over four years to create a non-profit organization that will work with companies in a selected sector to help them use their IP more strategically.
Announced as part of the five-year Intellectual Property Strategy, the pilot project will provide the Government with valuable insight into the IP issues faced by SMEs. The new collective will have an opportunity to shape how the program will support member businesses, customize services to suit clients' needs, and identify how best to support the strategic use of IP in scaling companies.
Quotes
“Intellectual property is at the core of innovative businesses. For Canada's economy to succeed, we need to ensure that companies of all sizes have the tools to grow, expand and become competitive global players. With this new patent initiative, we are providing small and medium-sized enterprises with the IP support they can use to build their business, boost economic growth and compete and win on the world stage.”
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development
Quick facts
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The Intellectual Property Strategy was announced in Budget 2018.
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Interested applicants can visit Canada.ca/patent-collective.
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Small and medium-sized businesses that hold formal IP are three times more likely to engage in product innovation than those without IP. They are also two times more likely to engage in other types of innovation, four times more likely to export, and 64% more likely to be high growth.
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IP-intensive businesses pay 16% more, on average, than businesses with little or no IP.
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Businesses using IP in patent-intensive industries have about 8 to 10 times more revenues than those not using IP.
Contacts
Follow Innovation, Science and Economic Development Canada on Twitter: @ISED_CA
Dani Keenan
Press Secretary
Minister of Innovation, Science and Economic Development
343-291-1710
Media Relations
Innovation, Science and Economic Development Canada
343-291-1777
ic.mediarelations-mediasrelations.ic@canada.ca
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November 5, 2018 | Local, Aerospace
QinetiQ Target Systems and Canadian UAVs Sign MOU for Commercial and Military UAV Services in Canada
CALGARY, Nov. 5, 2018 /CNW/ - QinetiQ Target Systems, the largest UAV manufacturer in Canada, and Canadian UAVs (CUAVs), Canada's leading unmanned aviation solutions provider for enterprise and military applications, is proud to announce that they have signed a Memorandum of Understanding (MoU), outlining how the two companies will work together to bring combined 'best of breed' solutions for military and commercial markets. The agreement focuses on providing services to clients requiring long range, endurance and payload capacity primarily with the Skeldar V200, Mosquito UHV-T Group 2 UAV and the class 1 UAV Snyper. With manufacturing and operations facilities in Medicine Hat and Calgary as well as satellite locations across the country including at major naval bases on both coasts, the partnership is perfectly placed to provide direct services for both the commercial, civil and military markets in Canada. "We are thrilled to partner with CUAVs. CUAVs provide outstanding UAV services and expertise, and we are confident that this partnership will meet and exceed the requirements of our existing and new UAV clients in Canada. We are also actively pursuing export opportunities to further leverage our joint capabilities", commented Vincent Malley, Director of Business Development at QinetiQ Target Systems. "Canadian UAVs is delighted to be working closely with QinetiQ Target Systems. They have been a UAV provider to the military for over three decades and we believe our current and future clients will benefit greatly from our comprehensive combined capacity and expertise. We are very excited for the future of unmanned aviation in Canadaand we believe this joint offering will have significant positive implications for the further advance of this industry." said Sean Greenwood, President, and CEO of Canadian UAVs". Notes for Editors: About QinetiQ Listed on the London Stock Exchange (LSE: QQ.L), QinetiQ is a leading science and engineering company operating primarily in the defence, security and aerospace markets. Our customers are predominantly government organisations including defence departments, as well as international customers in other targeted sectors. Visit our website www.QinetiQ.com Follow us on LinkedIn and Twitter @QinetiQ Consult our privacy policy About Canadian UAVs Canadian UAVs is a Calgary-based solutions provider focused on safety-first data acquisition for unmanned aerial vehicle applications. CUAVs provides a range of custom and innovative UAV solutions for industrial environments where advanced imaging is necessary for surveying on an iterative or fixed point basis. Using advanced technology to monitor and acquire data about industrial assets, the company provides a viable advantage for clients and enterprises seeking to mitigate risk. SOURCE Canadian UAVS For further information: Please contact, QinetiQ Press Office on Tel: +44 (0) 1252 39 3500 or email: PressOffice@QinetiQ.com; Contact: Sean Greenwood (403) 796-5102 or visit our website: http://CanadianUAVs.ca https://www.newswire.ca/news-releases/qinetiq-target-systems-and-canadian-uavs-sign-memorandum-of-understanding-for-commercial-and-military-uav-services-in-canada-699634171.html
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