- Friday, August 23, 2024
The partnership will see CMC expand its reach and join McMaster Innovation Park (MIP), Canada’s premier research and innovation park supporting startups, business, and research.
The announcement was made at an event today held at MIP in the presence of the Hon. Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario, and Member of Parliament for Hamilton West—Ancaster—Dundas.
For CMC, strengthening its alliance with McMaster also ensures it supports research and innovation in the Hamilton ecosystem and beyond.
“Building on our long-standing collaboration with McMaster will increase our capacity to drive research and training in the semiconductor and photonics space,” said Gord Harding, president and CEO of CMC. “Being a part of the MIP ecosystem and supporting its network of researchers, entrepreneurs and students, will maximize our presence in the region and help in our efforts to advance the economy and keep Canada competitive.”
For nearly four decades, McMaster’s research community has benefitted from its relationship with CMC, says Andy Knights, vice-president, research (acting) at McMaster University.
“CMC brings 40 years of semiconductor design and fabrication experience to MIP, and a strong network of connections across Canada that will advance opportunities for our research community and significantly expand our ecosystem,” he says. “CMC tools, training, and technical services add real value for companies on the path to growth.”
MIP is a vital link between academia and industry, a key part of Hamilton’s innovation ecosystem and a driver of economic growth for the country. Through MIP’s incubator and accelerator programs, researchers, entrepreneurs, and students have access to the resources and support they need to develop and commercialize their innovations.
FABrIC: Canada’s Semiconductor Ecosystem. Accelerated.
On July 4, CMC, in partnership with Innovation, Science, and Economic Development Canada (ISED), announced the launch of FABrIC, an initiative that secures Canada’s future in semiconductors and advanced manufacturing. Thanks to ISED’s strategic investment of $120M over five years, FABrIC will develop new Made-in-Canada semiconductor-based IoT products, manufacturing options, and create a resilient and sustainable semiconductor ecosystem in Canada. For Minister Tassi, FABrIC is an opportunity for semiconductor innovation to thrive in Canada. “Semiconductors are central in the daily lives of Canadians and are vital to Canada’s economy and national interests. Our Government’s investment in FABrIC will support Canadian innovators, strengthen our national semiconductor ecosystem and create quality jobs in Southern Ontario and across Canada. By investing in semiconductors today, we are securing economic stability and sustainability for all Canadians.”
About McMaster Innovation Park (MIP):
McMaster Innovation Park (MIP) is Canada’s premier research and innovation park supporting startups, business, research and offering collaborative space to transform ideas from vision to commercial reality. Their mission is to help companies grow and act as a bridge between academia and industry.
