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News Release
April 19, 2011
TECTERRA Funds $6.3-million for Geomatics Growth
CALGARY, April 19, 2011:
TECTERRA Inc. committed over $6.3-million of funds supporting the geomatics
technology sector in Canada during the last fiscal year, the company
announced today. The sum represents commitments to support commercialization
projects, applied research, professional development, training, and the
creation of new jobs across the country.
“We’re proud of the support TECTERRA is providing
toward the growth of geomatics in Alberta and across Canada during our first
year of operation,” says Dr. Mohamed Abousalem, Chief Executive Officer for
TECTERRA. “It’s important to note that this is just the
beginning of substantial value TECTERRA will bring to the commercialization
of Canadian geomatics technology.”
Following is a summary of the projects and job creation
activities that were approved for TECTERRA’s funding support in the 2010/11
fiscal year:
|
Project |
# of |
Investment |
|
Industry commercialization projects (including new jobs created) & new business venture support |
14 |
$2,905,000 |
|
New jobs created for Highly Qualified Personnel (including those within funded commercialization projects), training and development |
30 |
$371,050 |
|
Applied Research Projects |
8 |
$260,000 |
|
TECTERRA Geomatics Lab equipment for commercialization and training of highly qualified personnel |
|
$2,819,172 |
TECTERRA continues to develop new programs that support
the geomatics industry and applied geomatics research in Alberta and across
Canada.
MEDIA CONTACT:
Cheyenne Steffen
Marketing Communications Manager
Direct: 403-532-4278
csteffen@tecterra.com
