Seven N.S. projects get $16.7 million in research funding from ACOA

Published on January 26, 2010; Published on February 24, 2010
The Canadian Press ~ The News

Topics :: Nova Scotia Agricultural College , Atlantic Canada Opportunities Agency , Atlantic Innovation Fund , HALIFAX , Nova Scotia , Atlantic Canada

HALIFAX - Seven research and development projects in Nova Scotia are getting $16.7 million in funding from the Atlantic Canada Opportunities Agency.

The money comes from the agency's Atlantic Innovation Fund, which is used to encourage the commercialization of research.

Among those receiving funding is the Nova Scotia Agricultural College, which will get $2.4 million over five years for a project aimed at helping balsam fir Christmas trees retain their needles.

Dalhousie University's Brain Repair Centre is in line to get $1.9 million over five years for research aimed at the repair of brain disorders, as well as stroke and spinal cord injuries.

And Ocean Nutrition will receive $3 million over three years to help with the development of algae into biofuels.

Today's announcement is part of the seventh round of funding under ACOA's program that will see $61.1 million invested in projects throughout Atlantic Canada.

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