Alberta Innovates expands partnership with NSERC to benefit Alberta-based small businesses

EDMONTON, Alberta, Nov. 18, 2020 (GLOBE NEWSWIRE) — Alberta Innovates and the Natural Sciences and Engineering Research Council of Canada (NSERC) are expanding their partnership to create more opportunities for small and medium-sized businesses (SMEs) to access Alberta’s world-class research institutions in order to develop and commercialize new technology innovations. Alberta Innovates, together with NSERC, will each provide $2.3 million per year for up to two years to help small and medium sized businesses grow in Alberta. Campus Alberta Small Business Engagement (CASBE) funding will be expanded to allow Alberta-based researchers to work in a 2-year research and development project with Alberta SMEs as industry partners. The program aims to reduce the time it takes for companies to innovate. The CASBE program allows post-secondary institutions to use their emerging technologies, highly qualified people, and high-tech facilities & equipment to help SMEs diversify their technological products. CASBE will leverage support from NSERC’s Engage, Applied Research & Development (ARD) (Colleges) and Alliance (Universities) programs.Companies like Edmonton-based Phase Sensors have already benefited from the unique partnership between researchers and business. The company’s partnership with the University of Alberta, along with support from the CASBE-NSERC program, led to the development of a new high-tech sensor placed on the walls of refineries to detect fouling. In 2018, Phase Sensors – after patenting the new idea – was able to demonstrate and commercialize this new technological product with a major international oil and gas company.BACKGROUND: 
The Campus Alberta Small Business Engagement (CASBE) program is funded by Post-Secondary Investments and Emerging Technologies at Alberta Innovates. It is a partnership between Alberta Innovates and the Natural Sciences and Engineering Research Council (NSERC). CASBE is a collaboration between post-secondary institutions and small & medium-sized enterprises (SMEs) in Alberta.Alberta Innovates and NSERC have been partnering on support programs for SMEs and researchers from Alberta-based post-secondary institutions since 2016. Since then, CASBE has supported over 71 projects where companies and researchers have partnered to create new innovative technological products and processes.To learn more about the new and expanded CASBE and NSERC partnership, visit the CASBE program at Alberta Innovates. NSERC funds visionaries, explorers and innovators who are searching for the scientific and technical breakthroughs that will benefit our country. We are Canada’s largest supporter of discovery and innovation. We work with universities, colleges, businesses and not-for-profits to remove barriers, develop opportunities and attract new expertise to make Canada’s research community thrive. We give Canadian scientists and engineers the means to go further because we believe in research without borders and beyond frontiers. Visit NSERC for more information. Alberta Innovates invests in research, innovation and entrepreneurship to drive provincial economic growth and diversity. We provide technical expertise, entrepreneurial advice and support, opportunities for partnerships and funding to advance the best ideas. We support a broad range of research and innovation activity – from discovery to use. Collaboration is at the heart of what we do, bringing together bright minds and great ideas. Find out how Alberta Innovates: albertainnovates.ca Media inquiries: 
Dwayne Brunner, Media Relations Manager Alberta Innovates 587.572.4091 |

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