Canadian college research income leaps by 20 per cent in one year.
Fanshawe College is delivering a one-two winning punch across the country today, as it leads the way with applied research. According to Research Infosource Inc., which just released its annual ranking of Canada's Top 50 Research Colleges, Fanshawe is #1 for research growth and #2 for research income.
Canada's leading research colleges posted a combined research income of $201.7 million in fiscal 2016 compared with $167.8 million in fiscal 2015, a gain of 20.2 per cent. Ontario featured well within the national rankings with Toronto's George Brown College leading the Top 50 with $13.2 million of research income, followed closely by London's Fanshawe College ($12.3 million) and Sarnia's Lambton College ($11.0 million). The report also cites Fanshawe as having the strongest overall year-over-year income growth (564.4 per cent).
A large contributor to Fanshawe's excellent research ranking is its new, state-of-the-art Canadian Centre for Product Validation (CCPV), a project valued at $16.2 million, with half the funding made possible through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).
Unlike any other testing facility in Canada, CCPV is uniquely designed to bridge the gap between innovation and commercialization. Since opening in June 2016, the Centre's leading-edge validation technologies and equipment conduct electrical, mechanical, performance, environmental and thermal analysis – all under one roof.
"Fanshawe is honoured to be recognized as a top research college in Canada, and we are particularly proud of CCPV – a game-changer for the College, local business and the national economy," says Dan Douglas, dean of the Centre for Research and Innovation. "A culture of collaboration continues to grow, as we incorporate research and innovation into all of our programs to provide exceptional learning opportunities for students, while supporting the vast research needs of many business, industry and community partners."
Within the Research Infosource data, college research funds received from industry sources rose to $40.5 million, a gain of 8.4 per cent over fiscal 2015. Industry research income increased at 26 colleges compared with 22 colleges where industry income fell and 2 colleges reported no change. A total of 2,845 active formal research partnerships with external organizations were reported, which is a 10.5 per cent gain over fiscal 2015. Colleges also indicated they had completed 2,766 research projects, a 12.8 per cent improvement over the prior year, and the number of college researchers rose by 12.9 per cent to 2,379. This is all good news for the Canadian college system.
For complete information on the rankings, visit: https://researchinfosource.com/news.php.
About Research Infosource Inc.
Research Infosource Inc. is Canada's source of R&D intelligence. Drawing from proprietary databases, Research Infosource publishes Canada's Innovation Leaders, which includes Canada's Top 100 Corporate R&D Spenders, Canada's Top 50 Research Universities, Canada's Top 40 Research Hospitals and Canada's Top 50 Research Colleges. As well, Research Infosource publishes specialized reports and The Innovation Atlas of Canada™ – a web-based research and innovation mapping and data information product.
About Fanshawe College
Fanshawe is one of Ontario's largest colleges. Its campuses, located in London, Simcoe, St. Thomas and Woodstock, serve close to half a million people with a promise to educate, engage, empower and excite. For 50 years, Fanshawe has been helping people to unlock their potential and achieve success. The College attracts students from 70 countries every year and opens up a world of possibilities through more than 200 degree, diploma and certificate programs, along with apprenticeship training.
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