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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.