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March 25, 2020 | Local, Aerospace, Naval, Land, C4ISR, Security

NGen Announces Funding Program to Scale COVID Response

NGen Announces Funding Program to Scale COVID Response

Dear NGen Member,

Today, NGen announced that it will invest $50 million in Supercluster funding to support companies as they rapidly respond to the COVID-19 pandemic by building a Canadian supply of essential equipment, products, and therapeutics.

Projects will be selected for funding according to critical needs identified by the Government of Canada and the ability of manufacturers to produce products that are safe for both patients and health care workers.

NGen will prioritize funding for projects that can have an immediate impact between April and the end of June 2020 and will fund eligible costs for projects within this timeframe up to 100% (depending on the level of knowledge and information sharing to help Canadians).

Projects that will have an impact in the medium term – beyond the June 30 timeframe may also be considered for funding at 50%.

Projects are not expected to exceed funding of more than $5m.

For more information on NGen's COVID-19 Response Program, see the full bulletin, review the project guide, share your capabilities and follow us on Twitter @NGen_Canada for updates.

Together, we can ensure that manufacturers can get their products to the front of the line in this crisis.

Thank you for your support.

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