Harper Government Helps to Kick Start Canadian Entrepreneurial Businesses in Mississauga
MISSISSAUGA, Ontario, February 3, 2012 — Member of Parliament Bob Dechert (Mississauga-Erindale) on behalf of the Honourable Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women, today announced the Government of Canada’s pre-qualification for Temporal Power Ltd.’s new innovation, Long Duration Flywheel Energy Storage, through the second round of the Canadian Innovation Commercialization Program (CICP). Through this pilot program, the Government of Canada is helping Canadian businesses get their innovative products and services from the lab to the marketplace.
“Our government is focused on creating conditions to promote jobs and economic growth,” said Minister Ambrose. “That is why we’re committed to supporting Canadian entrepreneurs who help to keep the Canadian economy moving.”
“Supporting Canada’s economy is our number one priority, and today’s announcement is great news for the workers at Temporal Power Ltd., said MP Dechert. Our Government is putting its support behind their innovation designed right here in Mississauga and bringing them one step closer in moving their innovations into domestic and international markets.”
Temporal Power Ltd.’s innovation, Long Duration Flywheel Energy Storage, is a breakthrough energy storage system based on a proprietary flywheel design, which can store energy for days and provide continuous power for hours.
“Temporal Power is very pleased that the Government of Canada selected our company to be part of this program. This news is important for our company, the innovation sector and the local economy,” said Cam Carver, CEO, Temporal Power Ltd..
The CICP is a $40-million pilot program launched as part of the Economic Action Plan. Successful companies may see their pre-commercial products and services tested within government operations, and will be given relevant feedback from participating departments.
CICP demonstrates the Government of Canada’s commitment to building the jobs and industries of the future by creating the conditions for continued success of industries that are the foundation of Canada’s prosperity.
In total, 27 innovations from Canadian companies pre-qualified for funding under the CICP’s first round and 36 innovations under the second round.
The CICP is managed by PWGSC’s Office of Small and Medium Enterprises, whose mandate is to improve accessibility to government procurement opportunities for small and medium enterprises.
Launched as part of the Government of Canada’s Budget 2010, the CICP is a new initiative to promote Canada’s economic growth.
For the complete list of the successful innovations, please refer to the backgrounder.
For more information, please visit www.buyandsell.gc.ca/innovation or look for upcoming Calls for Proposals on www.merx.com. You can also contact the CICP team by email at email@example.com or via the toll-free line at 1-800-811-1148.
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Ce texte est également disponible en français.
For more information, media may contact:
Office of the Honourable Rona Ambrose
Public Works and Government Services Canada
PWGSC news releases are also available on our Internet site at http://www.tpsgc-pwgsc.gc.ca/medias-media/index-eng.html.
For more information contact:
Office of Bob Dechert, MP