RADF Investment: $3.4 million
Other Investment: $1,640,000
Total Investment: $5,040,000
Project Period: July 2008–April 2012
This project is helping entrepreneurs in the Peace Region turn ideas and innovations into commercially viable services or products. The Centre for Research and Innovation (CRI) in Grande Prairie is managing the project, systems, operations, and people necessary to develop a "culture of innovation" amongst Peace Region residents. CRI's model contributes to a knowledge-based economy in the region and is reducing economic dependence on natural resources.
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: