Ontario and Israel are investing C$3 million each to renew their Industrial and Technological Research and Development Cooperation agreement.
The agreement will support existing collaborative R&D projects between Israeli and Ontario-based companies and includes a call for proposals for joint initiatives. The 10-year-old agreement has so far supported 15 joint projects focused on medical devices, information and communications technologies, advanced manufacturing, clean technologies and life sciences.
“Our government recognises that Ontario’s capacity to compete internationally and to create the jobs of tomorrow depends on collaboration. That is why we welcome this continued partnership with Israel. Connecting companies and researchers in Ontario and Israel will help both jurisdictions become more innovative and productive in a highly competitive global economy,” said Reza Moridi, Ontario’s minister of research and innovation.
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