Lakehead University is getting $9.5 million from the federal and provincial governments for its Centre for Advanced Studies in Engineering and Science.
The funding was announced on Nov. 10 in Thunder Bay. Of the funding, the federal government will provide $7.96 million, and the province will provide $1.54 million. Lakehead University will provide another $9.07 million for a total investment of $18.57 million.
“This funding will make it possible for our talented researchers and students to do their work to the fullest of their abilities in new labs with state-of-the-art equipment,” said Dr. Andrew P. Dean, Lakehead’s vice-president of research and innovation, in a release.
“Thank you to the federal and provincial governments for this support.”
The project will involve the modernization and expansion of an existing building to create a new state-of-the-art research complex to be known as the Centre for Advanced Studies in Engineering and Sciences. The new centre will enable Lakehead University to offer advanced training courses and will help local businesses and startups commercialize their products and services and help grow the region’s economy.
“Thanks to the federal and provincial governments, Lakehead University will create a new space on campus that will allow our researchers to answer important questions and create exceptional innovations that will impact this region and the world,” said Dr. Brian Stevenson, president and vice-chancellor at Lakehead.
“This investment will significantly increase research and entrepreneurial opportunities at Lakehead University.”