Investments Announced in Canadian Institute's Expansion

The NEOMED Institute is a non-profit organization located in Montreal. Its mission includes developing a business ecosystem and innovation networks in the greater Montreal area to boost the development and growth of life sciences and health technology businesses.

The city of Montreal and the government of Canada announced Dec. 7 they are financially supporting the NEOMED Institute's construction of a new innovation and commercialization complex specializing in life sciences and health technology. The complex will feature customized labs, shared equipment, and commercialization coaching. The NEOMED Institute is a non-profit organization located in the city. Its mission includes developing a business ecosystem and innovation networks in the greater Montreal area to boost the development and growth of life sciences and health technology businesses.

Phase 1 of the project is the construction of a new building on the institute's land. To be completed in 2020, the building will provide 50,000 square feet of space for various facilities. The project is valued at $23.6 million and relies on the financial participation of a number of public and private partners.

The city of Montreal is providing $1.5 million in funding over four years for the rollout of Phase 1, money that will allow the institute to ensure the start of the project and partially cover implementation and operational costs. The institute also will receive a $1.5 million non-repayable contribution from Canada Economic Development for Quebec Regions, allowing it to proceed with a project that seeks to build the innovative capacity of life sciences and health technology companies, including through the purchase of lab equipment.

"Setting up an ICC in the greater Montreal region is a growth-generating and mobilizing project that is directly in line with the directions of the city of Montreal's 2018–2022 economic development plan. This municipal funding will help develop and consolidate a Montreal-based innovation hub in the LSHT sector. By leveraging knowledge and talent, boosting entrepreneurship, and supporting a high-performance network, this project will make a tangible contribution to talent retention within a context of global competition and will help raise Montreal’s international profile," said Robert Beaudry, the city Executive Committee member responsible for economic and commercial development and government relations.

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • Track Key Safety Performance Indicators

    IndustrySafe’s Dashboard Module allows organizations to easily track safety KPIs and metrics. Gain increased visibility into your business’ operations and safety data.

  • Analyze Incident Data

    Collect relevant incident data, analyze trends, and generate accurate regulatory reports, including OSHA 300, 300A, and 301 logs, through IndustrySafe’s extensive incident reporting and investigation module.

  • Safety Training 101

    When it comes to safety training, no matter the industry, there are always questions regarding requirements and certifications. We’ve put together a guide on key safety training topics, requirements for certifications, and answers to common training questions.

  • Conduct EHS Inspections and Audits

    Record and manage your organization’s inspection data with IndustrySafe’s Inspections module. IndustrySafe’s pre-built forms and checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Industry Safe
comments powered by Disqus

OH&S Digital Edition

  • OHS Magazine Digital Edition - March 2019

    March 2019

    Featuring:

    • HEARING PROTECTION
      Not Your Grandpa's Ear Muffs 
    • FALL PROTECTION
      Far Too Many Fatal Falls
    • DRUG TESTING
      Marijuana in the Workplace
    • FALL PREVENTION
      Ladder Safety Tips
    View This Issue