Getting Things Done for Alberta: Minister Ambrose Announces New Technology Commercialization Initiative to Benefit High-Tech Entrepreneurs

May 09, 2008

Today in Edmonton, Minister Ambrose announced the Precarn-Alberta initiative, a $3.6 million partnership agreement over three years supported by the Government of Canada, the Province of Alberta and Precarn Inc. 

Because of this initiative, high-tech companies looking to field-test new computer-based technologies in a customer or client setting now have ready access to more support from the new Precarn office opening in Alberta.  The initiative will help companies focus their research and development projects to quickly bring better products to market, leading to many more successful companies.   

“This partnership will enable Precarn to build on its solid track record of assisting early-stage businesses to commercialize cutting-edge technologies and maintain a competitive edge,” said Minister Ambrose. “The Government of Canada is proud to support western Canadian entrepreneurs and innovators in taking their ideas to the global market.” 

The initiative will fund Alberta-based industry projects involved in commercializing intelligent information and communications systems technologies.  These technologies have potential to improve decision-making, increase cost-savings and do tasks faster, safer or better in all sectors of Alberta’s economy.