Economic, Social & Environmental
Benefits to Canadians
NGen regularly monitors the progress of projects once they are contracted and works with project teams to help commercialize the results of projects that are underway as well as those that are completed.
By the end of March 2021,
NGen projects had already delivered significant economic benefits in line with the objectives of the Innovation Supercluster Initiative and NGen’s goal of generating $13.5 billion in GDP and creating 13,500 jobs by 2030.
16 new health care products in use to fight COVID-19
1,700+ members of advanced manufacturing clusters supported by NGen
$31.6 million in new industry investments in R&D
$962 million in new orders for project partners
3,619 people working on projects
139 students engaged in projects
865 full-time jobs created to date
15,108 new jobs projected over the next ten years
50 IP commercialization strategies developed
75 new IP assets created
23 IP opportunities available for sharing with NGen members
55 new products under development or in production
66 new manufacturing processes being developed or already in place
15 new companies created
70 projects reporting positive environmental impacts
What’s more,
NGen’s projects are delivering cleaner energy, more sustainable industrial processes, more secure and resilient supplies of food and medical products, improvements in health care, and in the case of COVID-19 related projects, they are saving lives.
Seventy projects were reporting that they were, or upon completion would be, contributing positive environmental impacts.
Some expected benefits are:
- GHG emission reductions
- Improved and more efficient energy resource, materials, water, and waste management,
- Reductions in particulates and volatile organic compounds (VOCs),
- Reduced production footprints,
- Development of biodegradable materials
- Development of more circular systems of product disposal and re-use