RADF Investment: $1 million
Other Investment: $1,010,000
Total Investment: $2.01 million
Project Period: May 2010–December 2013
This project is an investment in the first applied-research consortium focused on a bio-economy in Alberta. Support from the Rural Alberta Development Fund will help create a Bio-Mile Centre of Excellence in Drayton Valley that supports the unique needs of bio-industries in the region. The centre will help commercialize new technologies and implement bio-industry-based applied research. It will also provide specialized training and support to develop labour skills required for this sector.
Expected Outcomes and Benefits
All projects go through a selection process to ensure they will improve the quality of life for Albertans. This project meets this objective through the following outcomes and benefits: