Canadian government launches C$950 million superclusters initiative

In an effort to incentivize large-scale industry partnerships, Innovation, Science and Economic Development (ISED) Canada will invest up to C$950 million (US$708.5 million) between 2017 and 2022 in superclusters as part of the nation’s Innovation and Skills Plan. ISED Canada defines superclusters as "innovation hotbeds" that build on the advantages of clusters, "dense area of business activity containing a critical mass of large and small companies, post-secondary and other research institutions."

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