The L.A.B. funding program is launched!
The Smart Grid Innovation Network (SGIN) and Ignite Fredericton will join forces to provide funding to help small and medium-sized businesses in this region conduct smart grid research, development and testing to help increase their growth potential in this fast growing sector. Supporting innovation and entrepreneurship leads to new businesses that provide exciting job prospects for Canadian workers, both today and into the future.
Matt DeCourcey, Member of Parliament for Fredericton, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), and the Honourable Stephen Horsman, Deputy Premier, Province of New Brunswick joined Ignite Fredericton and SGIN officials today for this announcement.
As a group, SGIN’s mandate is to grow the burgeoning smart grid sector in New Brunswick and help technology vendors get their product smart grid ready by providing technical support, labs and field trials. Specifically, this two-year pilot project will provide funding so smart grid related companies can access the world-class testing labs at the University of New Brunswick (UNB), NB Power and Siemens Canada.