The Governments of Newfoundland and Labrador, Canada, and Nunatsiavut are investing more than $900,000 for two projects, including a youth-led social enterprise and an economic development conference to promote products and services in Labrador.
Randy Edmunds, MHA of Torngat Mountains today announced $235,572 for the SmartICE Sea Ice Monitoring & Information Inc. project.
Yvonne Jones, Member of Parliament for Labrador announced $660,000 from ACOA’s Innovative Communities Fund for SmartICE and $20,000 for the Labrador North Chamber of Commerce. President Johannes Lampe announced $50,000 from the Government of Nunatsiavut.
Through this investment, SmartICE, will commercialize its SmartBUOY prototype instrumentation for measuring sea-ice thickness and establish a technology production centre in Nain to be operated by trained Inuit youth.
ACOA funding for the Labrador North Chamber of Commerce helped it to market and host the 2018 Expo Labrador Conference and Trade Exhibition taking place June 25-28 in Happy Valley-Goose Bay. This annual event provides a venue for knowledge transfer for delegates and raises local, national and international awareness about the products and services available within Labrador.
These investments support the Atlantic Growth Strategy, one way the Government of Canada is working to achieve its Innovation and Skills Plan outcomes in this region by helping ensure everyone has the jobs, skills and learning to seize new opportunities and succeed in a growing innovation economy.