New Brunswick Social Policy Research Network

New Brunswick innovation research chairs announced

News Release
Office of the Premier
Post-Secondary Education, Training and Labour
04 June 2014

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FREDERICTON (GNB) – The New Brunswick Innovation Foundation today established three new applied research chairs valued at $3.525 million over five years.

Areas of research include the commercialization of plant-based omega-3 fatty acids for food and pharmaceuticals; advanced cyber security threat detection, response and mitigation systems; and biomedical human prosthetic and augmentation devices.

“Smart investments in research and development are at the heart of our government’s plan to create jobs and make life better in New Brunswick communities,” said Premier David Alward. “The valuable work of these research chairs will help create and protect jobs in both emerging and traditional sectors in our province.”

Today’s ceremony presented the first three of six recipients. As part of the provincial government’s $80 million commitment to innovation and research and development, six New Brunswick Innovation Research Chairs were established in 2013. Each will receive $1,000,000 in applied research funding over five years, plus two graduate research assistants and one research technician, valued at $175,000.

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