CALGARY, ALBERTA--(Marketwire - Oct. 5, 2012) - The Honourable Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women, is pleased to announce that the Government of Canada has awarded a $176,935 contract to Trusted Positioning Inc. for their pre-qualified innovation through the Canadian Innovation Commercialization Program (CICP).
"Our government's top priority is the economy and we understand that helping Canadian businesses expand and succeed directly benefits Canadian workers and families by creating jobs and prosperity," said Minister Ambrose. "We are proud to encourage Canada's entrepreneurial spirit by kick starting Canadian businesses to get their innovative products and services from the lab to the marketplace."
"This contract is great news for our region and for Trusted Positioning," said Rob Anders. "We are proud to help kick-start Canadian innovation from our community to the national and international marketplace. Our government is committed to create the conditions for continued success of industries that are the foundation of Canada's prosperity."
"Our company is excited to be part of this initiative. We are very pleased that the Government of Canada is supporting Canadian high tech," said Dr. Chris Goodall, Chief Executive Officer, Trusted Positioning Inc.
Trusted Positioning Inc.'s innovation, Next Generation Positioning Systems for Safety and Security Applications, is a positioning and tracking device for robust and uninterrupted outdoor/indoor safety and security applications.
Launched in 2010, the Canadian Innovation Commercialization Program has already shown encouraging results, connecting Canadian companies with federal departments and agencies that have a need for innovative products and services. By selling to the federal government, businesses can demonstrate the value of their products and services, and potentially generate future sales to non-federal customers.
To build on the early success of this program, Economic Action Plan 2012 allocated an additional $95 million over three years, starting in 2013-14, and $40 million per year thereafter to make the Canadian Innovation Commercialization Program permanent. The program will include an added military procurement component.
For the complete list of the successful innovations, please refer to the backgrounder.
Photo: The Honourable Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women announces contract award of $176,935 to Trusted Positioning Inc. for their pre-qualified innovation through the Canadian Innovation Commercialization Program (CICP).
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