Prime Minister announces support for research staff in Canada
On May 15, Prime Minister Justin Trudeau announced $ 450 million in funding to help Canada’s university research community during the COVID-19 pandemic.
The investment:
- Will provide salary support to universities and health research institutes. They will then be able to retain the members of their research staff whose work is funded by industry or philanthropic sources and who do not have access to some of the current government support measures to respond to COVID- 19, even if their work was temporarily suspended.
- Help universities and health research institutes to continue their essential research activities during the crisis and resume all research activities once physical distancing measures are lifted.
Quebec invests more than $ 10 million in scientific and technological projects
On May 12, the Government of Quebec announced that it will invest more than $ 10 million, through the Innovation Program, the Support Program for Research and Innovation Organizations, as well as the Fonds de recherche du Quebec, to support scientific and technological projects related to the COVID-19 pandemic.
In concert with several partners, the scientific and industrial communities have mobilized to launch calls for projects in their respective networks to respond to the current challenges of the pandemic. These partners are the Quebec Consortium for Drug Discovery (CQDM), the Quebec Industrial Consortium for Research and Innovation in Medical Technologies (MEDTEQ), PRIMA Quebec, Prompt, Génome Quebec, the TransMedTech Institute and The Institute for data valorization (IVADO).
OBIO Announces Early Adopter Health Network Call for Applications to Address COVID-19
This is a call to action for companies developing health technologies including COVID-19 management and treatment technologies to be evaluated for commercial readiness within its Early Adopter Health Network.
More resources
The Government of Canada has set up the Regional Relief and Recovery Fund (RRRF), an initiative with an envelope of $ 211 million for Quebec
Canada’s Emergency Wage Subsidy (CEWC) will be extended for an additional 12 weeks until August 29, 2020
Creation of the Large Employer Emergency Financing Facility (LEEFF) and expansion of the Business Credit Availability Program (BCAP).
Prime Minister of Canada announces expansion of support for workers and small businesses
The Government of Canada will provide $ 15 million in additional funding to support women entrepreneurs through the Women in Entrepreneurship Strategy (WES)
Canada’s Emergency Commercial Rent Assistance (CECRA) for small businesses provides support to small businesses experiencing financial difficulties as a result of COVID19
Prime Minister of Canada announces the start of a program to protect jobs and help businesses
Canadian Business Resilience Network – Toolkit for Reopening the Canadian Economy
Applications for membership in Canada’s Emergency Commercial Rent Assistance Program (CECRA) for small businesses are now accepted
The Canadian Chamber of Commerce and the Government of Canada team up with accounting professionals to provide free advice to small and medium-sized businesses, not-for-profit organizations and charities
Finding financial assistance during COVID-19