Canada First Research Excellence Fund – $213 million to support research in Montréal

September 6, 2016

The Honourable Marie-Claude Bibeau, Minister of International Development and La Francophonie, today announced $213,187,000 in funding for Université de Montréal, HEC Montréal, Polytechnique Montréal and McGill University. The funding is part of a landmark investment of $900 million in 13 post-secondary institutions through the Canada First Research Excellence Fund.

The Fund invests in research institutions that have the strengths and expertise to become global leaders in their fields and create a competitive advantage for Canada.

Montréal International (MI), Greater Montréal’s investment promotion agency, is proud to congratulate all recipients. MI supported the initiatives submitted by IVADO (Institute for Data Valorisation), whose expertise and research efforts will greatly benefit from the funding. IVADO is proposing a transformative and far-reaching strategy for exploring deep learning to provide computers with quasi-human-level performance.

“Artificial intelligence and operational research are expanding at lightning speed. Our researchers, who have been at the forefront of these amazing advancements, are well positioned to lead in new developments that will benefit their public and private partners. The Government of Canada’s major investments will allow us to build on our head start and help a greater number of people,” said Guy Breton, President of Université de Montréal.

Working with IVADO, MI developed the first-ever profile of the big data industry in Québec: http://www.montrealinternational.com/en/publications/big-data-profile-in-quebec/

See the official press release: http://www.marketwired.com/press-release/minister-bibeau-announces-213187000-transform-research-universite-de-montreal-hec-montreal-2155797.htm

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