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McGill University receives $5M in funding from Quebec government to drive retail innovation and research
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McGill University
McGill University’s Bensadoun School of Retail Management will receive $5 million in funding to drive retail innovation and research, and support the province’s small and medium-sized enterprises (SMEs). As part of the provincial government’s economic recovery plan in response to the COVID-19 pandemic and its new digital transformation initiative, the funding from the Quebec Ministry of Economy and Innovation will be provided over four years to scale up interdisciplinary research activities, foster retail talent, establish professional development programs, and conduct knowledge transfer for Quebec SMEs.
“We are delighted to receive this vital support, which will enable us to help rebuild and strengthen a key sector of our economy at such a critical time,” said Professor Saibal Ray, Academic Director of the Bensadoun School of Retail Management. “I would like to thank the Government of Quebec for investing to help shape the future of retail and for the
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QUEBEC CITY, March 16, 2021 /CNW Telbec/ - Axelys, Quebec s new technology transfer institution, is proud to announce that its team will be fully operational on April 1
st, 2021. Put in place by the Government of Quebec and led by a start-up committee managed by special advisor Luc Sirois, the new organization will offer consulting and support services to foster innovation and public research in all the regions of Quebec.
Around the world, countries that are most successful in terms of economic and social benefits of their public research invest heavily in development and commercialization activities. While the research budget of Quebec universities amounts to more than $2 billion annually, Quebec is now giving itself the means to maximize the benefits of these investments and ensure faster commercialization. Axelys will enable Quebec companies to improve their competitiveness, increase the number of start-ups, create good jobs, and adopt
SHERBROOKE, QUE. The Canada Foundation for Innovation (CFI) is injecting more than $28 million into three research projects at the University of Sherbrooke to acquire specialized equipment needed to advance the work of the researchers leading these projects. One of them, led by Rejean Fontaine from the Faculty of Engineering, focuses on the use of artificial intelligence in everyday actions. Current technologies rely on the transfer of an astronomical amount of data across the Internet and cloud computing. Professor Fontaine s project seeks to distribute artificial intelligence in small objects to reduce the huge ecological footprint generated by data transmission. The research team will design microsystems capable of processing data locally and networking them, in particular through the acquisition of equipment to manufacture and network thousands of sensors.
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