B.C. universities to receive $4.3 million for innovation research funding: minister - Kelowna News - Castanet.net

Four British Columbia universities volition person $4.3 cardinal from a authorities probe and innovation programme to assistance money projects successful the fields of health, exertion and earthy resources.

Jobs Minister Brenda Bailey says the University of B.C., Simon Fraser University, University of Victoria and Vancouver Island University volition person the funding, with the bulk going to projects astatine the Vancouver and Okanagan UBC campuses.

She says the funds volition lend to 18 projects already underway astatine the universities.

Bailey says 1 of the wellness projects underway astatine UBC is moving toward processing personalized screening to supply early-stage hazard appraisal of non-communicable diseases.

She says UVic is looking to find caller ways to trim traffic-related aerial pollution, portion SFU is processing programs to employment virtual world to amended services successful distant areas of the state by cutting the request for travel.

Bailey says the government's Knowledge Development Fund has invested much than $862 cardinal successful much than 1,600 probe projects since its instauration successful 1998.

"From 2011 to 2020, the B.C. Knowledge Development Fund has enabled 66 caller spinoff companies, 237 provisional oregon granted patents, which is an mean of 26 patents a year, 37 licensing agreements and implicit 1,800 jobs," Bailey said astatine a quality conference.