Northern Bioeconomy Receives Boost
McGuinty Government Invests In Nipissing University Bioproducts Research
Nipissing University is supporting the drive to establish a new bioeconomy in Northern Ontario by creating an Industrial Research Chair.
The Northern Ontario Heritage Fund Corporation (NOHFC) will invest $333,000 to establish an Industrial Research Chair at Nipissing University. The Chair will work on economically and ecologically sound proposals and conduct a forest bioresource inventory to support current and emerging demand for bioproducts in Northeastern Ontario, such as biofuels and biopharmaceuticals.
- In 2005, Nipissing University embarked on a research partnership with the private sector to develop programs and research initiatives that would support the North’s forest industry.
- Funding is provided through the NOHFC’s Emerging Technology Program, which encourages both the private and public sectors to develop exciting and viable new technologies that will contribute to future northern prosperity.
“This funding will help Nipissing University play an important role in promoting the efficient and sustainable development of our forest resources, as well as discovering and developing new products from our forests.”
“Helping our forestry sector adapt new technologies and strategies will position Northern Ontario as a leader in the forest bioproducts sector.”