REF NO.: 359
|SUBJECT:||CFI investment boosts Canada’s brain gain|
|DATE:||July 6, 2005|
Five new faculty members at Memorial University received funding from the Canada Foundation for Innovation. Details of the investment, touted as a boost to Canada’s “brain gain”, unfolded as part of a national announcement in Ottawaon June 29. Memorial researchers received over $700,000 in funding for research ranging from oil spills in the Labrador Seato improving the pavement on our highways to developing new drugs to treat cardiovascular disease.
“These awards represent a strategic boost to the research capacities of Memorial University,” said Dr. Eliot Phillipson, president and CEO of the CFI. “This funding allows Canadato attract and retain leading-edge researchers and provides our graduate students with access to world-class facilities and training environments.”
“This new investment from the Canada Foundation for Innovation is crucial in furthering our ability to attract world-class scholars with new ideas and approaches to research, and to make Memorial a more research-intensive university” said Dr. Christopher Loomis, vice-president (research).
Memorial received at total of $707,419 in funding from the CFI. The projects awarded are:
The CFIwas joined by David L. Emerson, minister of Industry, in Ottawato announce $25.5 million in funding. The CFIboard of directors approved this investment through two funds: $19.6 million under the New Opportunities Fund (NOF); and $5.9 million under the Infrastructure Operating Fund which assists universities with the incremental operating and maintenance costs associated with new infrastructure projects.
A complete list of NOF projects, by university, can be found at: www.innovation.ca.
The CFI’s New Opportunities Fund enables eligible universities to provide research infrastructure for newly recruited faculty members, in their first full-time academic appointment in Canadian degree-granting institutions, so that these researchers can undertake leading-edge research. The fund also enables institutions to recruit new faculty members in the areas of research identified as priorities in their strategic research plans.
The CanadaFoundation for Innovation (CFI) is an independent corporation created by the Government of Canadato fund research infrastructure. The CFI’s mandate is to strengthen the capacity of Canadian universities, colleges, research hospitals, and other non-profit research institutions to carry out world-class research and technology development that benefits Canadians.
- 30 -
For more information, contact, Deborah Inkpen, communications co-ordinator (research), Memorial University, at 737-4073or email@example.com, or Alastair Sinclair, coordinator, Media Relations, Canada Foundation for Innovation, at (613) 996-3160or (613) 447-1723(mobile).