INDU Committee Report
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APPENDIX C:
SUMMARY OF RECOMMENDATIONS CONTAINED
IN THE REPORT OF THE EXPERT PANEL
ON COMMERCIALIZATION, 2006[64]
- establish a business-led Commercialization Partnership Board (CPB). The CPB would create a new role for the private sector as a full partner in charting the course for, and developing policy related to, commercialization.
- increase business demand for talent, through the development of a new Canada Commercialization Fellowships Program;
- spur private sector hiring of highly qualified personnel with commercialization talents;
- encourage and celebrate young Canadians who aim for success in science, technology and business;
- develop and retain talent for success in the global marketplace;
- create a Commercialization Superfund to address key commercialization challenges;
- expand federal programs that support seed and start-up firms in proving their business ideas;
- increase the commercialization involvement of small and medium-sized enterprises (SMEs), through a Canadian SME Partnerships Initiative;
- improve access to early-stage angel financing and expertise;
- review and identify improvements in Canada's expansion-stage venture capital market; and
- remove barriers to investment for foreign venture capital investors.
[64] People and Excellence: The Heart
of Successful Commercialization, Report of the Expert Panel on Commercialization, April 2006,
http://strategis.ic.gc.ca/epic/internet/inepc-gdc.nsf/vwapj/Volume_I_e.pdf/$FILE/Volume_I_e.pdf.