News Release

NORCAT Expands Industrial Shop Space

September 01, 2009

McGuinty Government Helps Companies Test New Technologies

NEWS   

The Northern Centre for Advanced Technology (NORCAT) is expanding its Innovation and Commercialization Centre to support future business development and to immediately accommodate three companies that will bring as many as 10 new jobs to the Sudbury area.

A Northern Ontario Heritage Fund Corporation (NOHFC) investment is helping NORCAT expand its shop space by more than 5,000 square feet. The centre helps businesses and entrepreneurs develop and test new technologies and equipment on a fee for service basis. It provides affordable industrial lab space, high-speed Internet and other amenities.

QUOTES

“By investing in NORCAT’s residency program, we are helping provide important incubator space that will enable companies to develop new processes and prepare for future growth.”
- Rick Bartolucci, MPP for Sudbury

“Our additional investment in NORCAT’s facilities will provide more opportunities to nurture new business and industrial development projects.”
- Michael Gravelle, Minister of Northern Development, Mines and Forestry and Chair of the NOHFC.  

QUICK FACTS

• The NOHFC is providing $1 million under its Infrastructure and Community Development Program.  In 2007, it invested $1.5 million in the construction of NORCAT’s Innovation and Commercialization Centre, which currently hosts six companies.  
• This investment is part of Ontario’s five point economic plan which includes a $1-billion commitment to support innovation across the province.

LEARN MORE

• Read about NORCAT
• Learn more about the NOHFC’s programs
  

Anne-Marie Flanagan, Minister’s Office, 416-327-0655
Michel Lavoie, Communications Branch, 705-564-7125  

ontario.ca/north-news

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