News Column

Harper Government Stands Behind Western Canadian Business with WINN

June 27, 2014

CALGARY, ALBERTA--(Marketwired - June 27, 2014) - Minister Rempel today announced support for 27 projects in western Canada under the Western Innovation (WINN) Initiative, a vital component in the Harper Government's commitment to creating jobs, promoting economic growth, and maintaining Canada's competitive advantage in the global marketplace. To this end, Western Economic Diversification Canada (WD) continues to serve western Canadian business and entrepreneurs as a co-investor, convener and champion for the West, supporting the advancement of a healthy economy.

Over its 5-year span WINN will provide up to $100 million in repayable assistance to western small- and medium-sized enterprises (SMEs). Under WINN, SMEs can apply for funding for a variety of tasks that are essential in taking a product from the research and development stage to the market, such as: product testing and technology demonstrations, equipment purchases and installation, regulatory approval, marketing, and intellectual property protection.

Quick Facts



-- By funding over $21 million to help companies bring their cutting edge

products, processes, technologies and services to market, the Government

of Canada through WD is making good on its commitment to help innovators

in western Canada prosper, generating jobs and economic growth in the region. -- Support is being provided through the initial competitive round of WINN and will be distributed as follows: -- 12 projects totaling $8.45 million in British Columbia. -- 11 projects totaling $6.81 million in Alberta. -- 1 project totaling $3.50 million in Saskatchewan. -- 3 projects totaling $2.58 million in Manitoba. -- Through WINN these projects have leveraged additional private sector support of nearly $24 million, more than doubling total project contributions. -- The next WINN intake period is planned for Fall 2014.



Quotes

"I am proud to support programs such as the Western Innovation (WINN) Initiative, which will assist small- and medium-sized enterprises in Western Canada in bringing their ideas into the global marketplace. Through WINN we are filling a funding gap identified by Canadian business, and re-affirming our government's commitment to providing opportunities for jobs and growth."

- The Honourable Michelle Rempel, Minister of State for Western Economic Diversification

ALBERTA



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Proponent Description WINN Funding Amount ---------------------------------------------------------------------------- Aquila This project will support the $190,000 Diagnostic commercialization of a portable Systems Inc. diagnostic platform designed to detect blood borne pathogens.



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BlackBridge This project will bring to market image-$250,000 Geomatics Corp. based agriculture field monitoring

technology for the monitoring of agricultural lands.



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Calgary This project will expand on Calgary$1,204,785Scientific Inc. Scientific's ResolutionMD software,

adding new elements to improve the current system. These system upgrades will process medical images, notify the appropriate physician(s) as soon as the images are available, and have them accessible for review on a mobile device or web browser immediately.



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M3 Logistics This project will commercialize a radio-$227,000 Inc. frequency identification (RFID) tracking system for chemical products. This technology will support the chemical and additives industry through improved inventory and supply chain management and traceability.



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Micralyne Inc. This investment will support in the $1,191,779 commercialization of a next generation accelerometer, used for seismic applications in the oil and gas industry.

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NanoSpeed This project will support the $243,640 Diagnostics commercialization of Test4D across Inc. international markets. This point-of- care-test measures the levels of 25- hydroxyvitamin D in a drop of blood in 10 minutes, while accurately diagnosing deficiencies.

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Orpyx Medical This project will develop and $480,000 Technologies commercialize a wearable pressure- Inc. monitoring product that will enable predictive analytics to help athletes reduce injury and improve performance.



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Quantum This investment will support in the $514,500 Technical commercialization of new fireproofing Services Ltd. technology for steel commonly used in

the oil and gas industry. ---------------------------------------------------------------------------- RAM This project will support the $227,750



Manufacturing commercialization of a hybrid Ltd. & MAK residential elevator, opening up new Enterprise Inc. market segments for manufacturing in

western Canada.



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Serious Labs This investment will support in the $1,080,564 Inc. development of learning products to heavy industry workers across North America. This project will develop a cutting-edge collaborative learning management system and delivery platform that will enable employers and employees alike to store, track and access, as well as share their training electronically.



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Virtual With this support, Virtual Materials $1,200,000Materials Group Group Inc. will expand its capability to Inc.

provide upstream modeling applications that will allow asset owners in the oil and gas industry to optimize production of their assets under a single platform. ----------------------------------------------------------------------------

BRITISH COLUMBIA



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Proponent Description WINN Funding Amount



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Appnovation Through this investment, Appnovation $1,173,750 Technologies Inc. Technologies Inc. will commercialize its software allowing organizations to implement unified enterprise systems with new and existing software platforms.



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Energy Aware Project funding will be used to $250,000 Technology Inc. commercialize Neurio Home Intelligence. Neurio uses artificial intelligence to monitor and act as the brain of the home to help customers better manage their appliances and look after their loved ones.



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iDUS Controls Ltd. This investment will help identify and $90,000 develop additional opportunities to commercialize remote sensing and data aggregation technology for soil moisture and environmental growing factors. This will support efficient agriculture by giving farmers access to real-time data related to irrigation and other growing factors.



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International This project will help develop, certify $315,500 WaterGuard and commercialize aircraft water Industries Inc. management products including on-demand water heaters and water treatment systems for business jet lavatories and showers.

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Mazza Innovation This project will improve the $125,000 Ltd. production of high value extracts from plants by commercializing new extraction processes that eliminate the use of hazardous solvents.



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Metafor Software This investment will support the $472,236 development of anomaly-detection technology that will automatically identify and repair problems with Internet data centre operations.



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Ostara Nutrient This project will undertake field $888,676 Recovery trials to validate the performance of Technologies Inc. an innovative slow-release, fertilizer made using an eco-friendly proprietary process. The fertilizer will provide growers with sustainable nutrient solutions by reducing fertilizer application rates while maintaining and/or improving crop yields.



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Redlen Technologies This investment will assist in the $1,643,710 Inc. commercial production of Cadmium Zinc Telluride (CZT) radiation detection technology within the medical and security imaging markets. Applications for the radiation detectors include medical imaging such as CT scanners and X-Ray imaging, as well as baggage scanning devices for military or security applications.



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Solegear Bioplastics This investment will support the $1,600,000 Inc.

development and commercialization of a new bio-based and compostable plastic for the rigid consumer packaging market.



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SWITCH Materials This investment will support in the $1,600,000 Inc. commercialization of a photo- electrochromic film for volume manufacturing in the eyewear market. Applications for this technology include eyewear, and both automotive and architectural glass.



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ThinkCX Technologies This investment will assist in the $100,000 Inc. further development and commercialization of a new software product that adds social intelligence solutions to the Customer Relationship Management (CRM) systems of customer care companies.



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Tutela Technologies This investment will assist in the $200,000 Ltd. development and commercialization of a wireless network assessment tool that will monitor network quality directly on consumer cell phones. This tool will allow service providers to receive rapid feedback from customers in order to quickly address network issues and support requests.

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MANITOBA



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Proponent Description WINN Funding Amount



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C.P. Loewen This investment will help provide C.P. $1,330,748Enterprises Ltd.Loewen Enterprises Ltd. with product

development support for the high end window and door market.



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Complex Games Inc. Through this investment, Complex Games $500,000

Inc. will build, test, and launch an innovative multi-player mobile game, which will be available on App stores.



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Seccuris Inc. This investment will support the $750,000 commercialization of a cloud-based security platform that delivers a suite of security management services for threat, vulnerability and risk management.

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SASKATCHEWAN



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Proponent Description WINN Funding Amount



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Ground Effects Through this project, Ground Effects $3,500,000 Environmental Environmental Services Inc. Services Inc. will commercialize Electro Separation Cell technology, which will be used to recover valuable base-oils from spent drilling mud and reduce the volume of spent drilling mud waste.

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Additional Links



-- WINN: http://www.wd-deo.gc.ca/eng/14857.asp

WD Toll-Free Number: 1-888-338-WEST (9378)

Teletypewriter (TTY): 1-877-303-3388

Website: WD is online at www.wd-deo.gc.ca.

Subscribe to news releases and keep up-to-date on the latest from WD. Follow us on Twitter at @WD_Canada.

The West Means Business.

IF THERE IS A DISCREPANCY BETWEEN ANY PRINTED VERSION AND THE ELECTRONIC VERSION OF THIS NEWS RELEASE, THE ELECTRONIC VERSION WILL PREVAIL.

FOR FURTHER INFORMATION PLEASE CONTACT: Emily GoucherOffice of the Minister Western Economic Diversification 613-668-2903 Emily.Goucher@wd-deo.gc.ca Source: Western Economic Diversification Canada


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Source: Marketwire (Canada)


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