SPEC Labs Centre for the Advancement of Biomedical Innovation

$5,000,000.00 CAD

≈ 64 Canadians' average pay for a year
Department
Federal Economic Development Agency for Southern Ontario
Program
Regional Innovation Ecosystem (RIE)
Recipient country
Canada
Fiscal year
2023-2024
Agreement period
September 1, 2023 – September 30, 2027
Reference
feddevontario:062-2023-2024-Q4-00039

Published purpose

To enhance access to wet lab space in that would support biotechnology businesses to accelerate their commercialization efforts.

In plain English AI-generated

This grant provides $5 million to SPEC Labs Centre for the Advancement of Biomedical Innovation to increase access to wet lab space, supporting biotechnology businesses in accelerating their commercialization efforts in Southern Ontario.

Category: Research Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions