On June 15, 2016, The Honourable Navdeep Bains, minister of Innovation, Science and Economic Development, announced an $8M dollar investment in Ottawa’s new Innovation Centre, including $3M dollars for Carleton’s Global Cybersecurity Resource Program.
The cybersecurity program will be run by Carleton’s Technology Innovation Management Program (TIM), providing entrepreneurs with cybersecurity expertise and developing commercial cybersecurity solutions.
The money, coming from the Federal Economic Development Agency for Southern Ontario, will also support the facility’s Advanced Digital Media Lab and Makerspace.
Bains said cybersecurity is an area where Canadian companies can really make an impact.
“We are becoming more digitized in everything we do,” he told reporters after the announcement. “Digitization is taking place in every sector from forestry to mining to agriculture to healthcare and so how do we make sure that when we digitize all these different sectors we provide security measures as well.”
Tony Bailetti, director of Carleton’s TIM program said the money will benefit the region and help many get cybersecurity jobs and start their own companies by bringing them together with experts and investors under one roof.
“Cybersecurity is an area of growth for Ottawa,” said Bailetti. “The intent there is to make Ottawa a centre of a global entrepreneurial ecosystem that supports cybersecurity ventures.”
“We’re hoping to create a whole bunch of cybersecurity companies… as well as using cybersecurity as a differentiator for a whole bunch of companies that are not operating in cybersecurity right now.”
The Innovation Centre at Bayview Yards is set to open in the fall.
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