TORONTO, ON, February 8, 2024 via GlobeNewswire – NGen has announced over $32.3 million in Global Innovation Cluster funding for 15 new advanced manufacturing projects. With industry contributions of $54.4 million, the 15 projects are valued at a total of $86.7 million. The announcement was made during NGen’s inaugural N3 Summit, a new showcase and strategy event to promote Canadian leadership in advanced manufacturing.
Between 2019 and 2023, NGen completed 165 Global Innovation Cluster projects with 370 industry partners and 311 research groups from across Canada. To date, those investments have resulted in $7 billion in new sales, a 32x return on NGen’s investment and a 4.8x return on Federal taxes. Fifty-five new companies and 3,449 new jobs have been created as a result.
The following consortia represent the latest cohort of successful applicants for NGen’s advanced manufacturing funding:
Gas Oscillation Superplastic Forming Technology
Implementing Cement-Free Concrete Technology
A Transformative and Fully Integrated Digital Solution for Food Manufacturing
Recycling and Production of Rare-earth Oxides from Permanent Magnet Scrap
Micro-Factory Deployment and Integration Project
Advanced Biomanufacturing of Cartilage Implants Using Cocoon Automation
Metal Additive Manufacturing of Next-Generation Biomedical Lattice
Orthopaedic Innovation Centre Inc. (Winnipeg, MB)
OrthoPediatrics Canada (Laval, QC)
Spinologics (Montreal, QC)
Scaling of Autonomous Navigation Sensors through Photonic Wirebonding
Advanced Production Scheduling Optimization System
Advanced Tool Manufacturing for Critical Hydrogen Fuel Cell Components in Canada
Canadian Magnesium Cement Boards
Recombinant Collagen Fiber Manufacturing
PTAAM Robotic Additive Manufacturing System
Enabling Advanced Therapeutics & Domestic Supply Chain for Biomanufacturing
Discrete Manufacturing Assembly Transformation
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