Kingston receives $3M to promote innovation in local health sector

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The federal government has gifted the city of Kingston $3-million to help foster health innovations through its existing health institutions.

The federal government has pledged millions of dollars to help the city foster innovative ideas, and create jobs in Kingston’s health sector.

The funding could bring 100 jobs to the city and support growth of 37 small businesses and start-ups in the city, although Craig Desjardins, director of strategy, innovation and partnerships for the city of Kingston, said none of those jobs are not secured for the region.That number is an estimate that “would result from the creation of new companies and the growth of existing companies in the health innovation space” he said.

According to the city, three local labs will be leveraged through Queen’s University and GreenCentre Canada to provide entrepreneurs and business-owners experience in areas ranging from artificial intelligence to robotics and chemistry.Coronavirus: Ontario to provide $125 million to add over 500 critical care beds in pandemic hot-spots

Small businesses will also get opportunities to test new products, services and processes at Kingston Health Sciences Centre.With the new funding, Queen’s University will be offering support to local start-ups through a new “health-focused catalyst” program, along with offering mentoring to existing businesses.

 

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