OTTN and PARTEQ create the Rideau Commercialization Network to bring Eastern Ontario innovations to market

Eastern Ontario’s universities and research institutes and their research commercialization offices are joining forces to grow the region’s innovation capacity.

Working together as the Rideau Commercialization Network, research commercialization experts at OTTN (the Ottawa Technology Transfer Network) and PARTEQ aim to increase the impact of innovations from Eastern Ontario’s academic research base by sharing their expertise and resources to advance these discoveries towards the market.

The new Rideau Commercialization Network was awarded $1 million from the Ontario Centres of Excellence Technology Transfer Partnership (OCE-TTP) program for staffing, infrastructure and Proof-of-Principle (PoP) project funding. 

“OTTN has integrated the research commercialization activities of the University of Ottawa and its member hospital research institutes for over five years. OTTN has collaborated with PARTEQ to manage and invest more than $2.5 million in the Eastern Ontario PoP fund in Ottawa and Kingston research discoveries since 2007,” says Joe Irvine, Director, Technology Transfer Business Enterprise at University of Ottawa and Director of OTTN. “The new Rideau Commercialization Network allows OTTN to dedicate resources to commercialization projects and will allow OTTN to work with the expertise of the PARTEQ team on projects to develop and commercialize research discoveries”.

“For several years PARTEQ has had the pleasure of working with Ottawa’s universities and affiliated institutes to help advance their discoveries to market,” says John Molloy, President & CEO, PARTEQ Innovations. “Our collective institutional research efforts generate a pool of technology opportunities that is both wide and deep. The establishment of the Rideau Commercialization Network enables us to collaborate more effectively and strategically to make the most of these innovation opportunities. ”

Earlier today PARTEQ also announced that it has signed a master service agreement with Carleton University to provide research commercialization services to researchers at Carleton, which will also bring Carleton as a member of the Rideau Commercialization Network.

The Rideau Commercialization Network comprises the technology transfer activities at Queen’s University, PARTEQ Innovations, the Royal Military College of Canada, St. Lawrence College, Kingston General Hospital, Carleton University and the Ottawa Technology Transfer Network – whose membership includes the University of Ottawa (TTBE), the Children’s Hospital of Eastern Ontario (CHEO), the University of Ottawa Heart Institute and the OHRI (Ottawa Hospital Research Institute).

About PARTEQ Innovations:
PARTEQ Innovations is the not-for-profit technology transfer office of Queen’s University. PARTEQ works with institutional researchers and the business and venture capital communities to bring early stage technologies to market. While primarily focused on discoveries generated by Queen’s University, PARTEQ also offers its services to the Royal Military College of Canada, Kingston General Hospital, St. Lawrence College and Carleton University.

About the Ottawa Technology Transfer Network (OTTN)
The Ottawa Technology Transfer Network (OTTN) was established in 2005 between the research commercialization activities of the University of Ottawa, the Ottawa Hospital Research Institute (OHRI), the Children’s Hospital of Eastern Ontario (CHEO) Research Institute and the University of Ottawa Heart Institute

About University of Ottawa TTBE:
Technology Transfer and Business Enterprise (TTBE) at the University of Ottawa increases the impact of research through the partnerships that foster innovation and facilitate technology development and commercialization. The University of Ottawa, one of Canada’s top research-intensive universities, is committed to research excellence and encourages an interdisciplinary approach to knowledge creation, which attracts the best academic talent from across Canada and around the world.

About Ottawa Technology Transfer Network
The Ottawa Technology Transfer Network (OTTN) is a collaboration among academic research institutions affiliated with the University of Ottawa and who's goal is to enhance the economic impact of research commercialization through the sharing of best practices, enhanced market knowledge, student engagement and proactive industrial interation. OTTN members include the University of Ottawa, the Ottawa Hospital Research Institutie (OHRI), the Childrens' Hospital of Eastern Ontario (CHEO) and the Unviversity of Ottawa Heart Institute (UOHI)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: