CANARIE Announces 1996 Competition

On August 26 the Honourable Jon Gerrard PC, MP, Secretary of State for Science, Research and Development and Dr. Andrew K. Bjerring, President & CEO, CANARIE Inc., announced the launching of the 1996 competition of CANARIE's Technology and Applications Development (TAD) Program. The TAD program is a shared-cost funding program with the goal of stimulating innovative research and development projects that lead to next generation network products and applications for the marketplace. The total budget for the 1996 competition is approximately $15 million.

Preliminary applications must be received by CANARIE October 22, 1996. A shortlist of projects for which full business plans will be requested will be issued in mid-December. A final selection of the 1996 competition is expected in March of 1997.

ACT, in partnership with Newbridge Networks Corporation, will be submitting a proposal to the TAD competion.

Established in 1993 with support from Industry Canada, CANARIE is a not-for-profit industry-led corporation with over 140 fee-paying members and a 21 Member Board representing private and public sectors. Total investment (1993 to 1999) is estimated at over $400 million, including $104.5 million contributed by the Federal Government.