City supports CEMI’s Commercialization Program for UDMN

Posted by on Apr 15, 2015 in News | 0 comments

City supports CEMI’s Commercialization Program for UDMN

Sudbury, ON – April 15, 2015 The City of Greater Sudbury Council and the Greater Sudbury Development Corporation (GSDC) tonight approved $1 million in funding for CEMI – Centre for Excellence in Mining Innovation’s Commercialization Attainment Program (CAP) to support the Ultra-Deep Mining Network (UDMN). These funds will be disbursed through the GSDC Community Economic Development program, with an annual allocation of $200,000 a year until 2019, for a total of $1 million. Press Release

“Council’s decision to support the Commercialization Attainment Program underscores the vital role our mining and mining supply and services sector plays in our economic prosperity,” said Greater Sudbury Mayor Brian Bigger. “The funding will ensure that the CAP program helps local businesses bring new, innovative and proprietary technologies to the market faster and expand job opportunities in Greater Sudbury.”

CAP is a part of the $47 million business-led NCE, Ultra-Deep Mining Network (UDMN), which aims to become the leading expert in Ultra-Deep (below 2.5 km) research and innovation, and to solve the challenges that impact resource extraction in these environments. By supporting solution providers capable of creating the industry-needed tools and technologies in the short term, UDMN will lead the way in helping ultra-deep mines operate more effectively and safely, generate more value, improve the human environment and enhance mine productivity. Recognizing the importance of deep mining, in 2014 the Federal Government through the Business‐led Networks of Centres of Excellence (BL‐NCE) program awarded $15 million to the UDMN.

In turn, CAP will assist small and medium sized businesses in Greater Sudbury to take maximum advantage of the UDMN project’s large research network and realize emerging commercialization opportunities. CAP will operate as bridge between larger projects and local small to medium sized enterprises. The program will also assist local companies to identify opportunities, encourage local entrepreneurs to bring forward ideas and prototypes, and support the costs of testing and evaluation as local companies work to bring ideas to the market.

“I would like to extend my appreciation to City Council for their endorsement of the GSDC Board’s work,” said Dr. Darren Stinson, Chair of the GSDC Board. “Initiatives such as these would not be possible without the support of Council, and we are gratified that they have approved this investment in the economic strength of our community.”

The GSDC serves as a catalyst in supporting projects that address priorities resulting in long-term economic benefits to Greater Sudbury, including potential job and wealth creation, and export development, while promoting investment and continued economic diversification. For more information on economic development initiatives in the City of Greater Sudbury, visit www.investsudbury.ca.

About CEMI
CEMI – Centre for Excellence in Mining Innovation directs and coordinates step-change innovation in the areas of exploration, deep mining, integrated mine engineering, underground mine construction, environment and sustainability for the metal mining industry. Our seasoned team of Program Directors lead industry-focused academic and applied research & development projects that extend from geology and engineering to the natural sciences. We offer a single point of entry for knowledge resources and human capital that enhances the scope, extent and impact of innovation for the metal mining industry globally.

About UDMN
The UDMN is a business-driven NCE network, managed through CEMI, and supported by members of the mining and oil & gas industries, and with the active participation of small-to-medium sized enterprises, industry agencies, research facilities and academia. The goal of the UDMN is to help the mining industry develop and adopt commercially viable research and development projects that result in the deployment of proven innovative technologies. www.miningdeep.ca

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Reference
Shannon Katary
Marketing & Community Relations
CEMI – Centre for Excellence in Mining Innovation
skatary@miningexcellence.ca
705.673.6568 x 71