OTTAWA – Canada’s Telecommunications Hall of Fame has awarded the first instalment in its new telecom research and development (R&D) funding program to Ottawa’s Carleton University and Algonquin College.
The Hall of Fame said Tuesday that $60,000 was granted to Carleton’s department of electronics, and $26,587.00 was directed to Algonquin’s electronics/electro-mechanical studies department for new and on-going telecom research projects.
"Everyone wins under this new program – the industry wins through a simple mechanism to achieve and fulfil their R&D objectives and their government obligations, the academic institutions win from increased levels of funding for high-level telecom R&D and the research students themselves win through research employment opportunities and valuable introductions to prospective industry employers", said Lorne Abugov, Hall of Fame founder and director, in the announcement.
Under the new program, Canadian colleges and universities engaged in telecommunications research register with the Hall of Fame on an annual basis to become eligible for the R&D funding provided by Canadian telecom companies wishing to fund all or part of their annual telecom research and development budget through the Hall’s stewardship.
Costs incurred by the Hall of Fame in administering the new program are covered through an annual registration fee paid by the academic institutions. No fees are payable by Canadian telecom companies to participate in the Hall of Fame’s program, and 100% of the funding committed to Canadian colleges and universities by participating telecom companies flows directly to telecom researchers at participating academic institutions.
