Federal funding announced for Canadian Centre for Product Validation.
FedDev Ontario announced today $8.11 million towards the College's new Canadian Centre for Production Validation (CCPV) which will support research and innovation at Fanshawe. The total project is valued at $16.2 million.
CCPV will be a one-of-a-kind facility in Canada offering a comprehensive prototyping and test facility in one central location.
The 20,000-square-foot Centre will be located in London at the Advanced Manufacturing Park where a 10-acre parcel of land was generously donated by the City of London to Fanshawe College and a further 25 acres donated to Western University.
"We recognize that Canada's long-term economic competitiveness in the knowledge-based economy demands businesses that innovate and create high-quality jobs," said Peter Devlin, President, Fanshawe College. “Through the creation of the Canadian Centre for Product Validation, Fanshawe is well-positioned to help Canada capitalize on new opportunities supporting industry and business to retain and bring jobs and prosperity to our country, while building the skilled workforce of the future."
Artist's rendering of an early concept for the Canadian Centre for Product Validation.
The Centre will present a unique opportunity for Fanshawe to create a culture of excellence that will house leading-edge equipment; build on promising new technologies; support business innovation by helping small and medium-sized enterprises bring new technologies, products and processes to the marketplace; and more importantly, provide the training needed to connect students with available jobs in a wide-range of skilled professions such as electricians, carpenters, engineers and more.
The Centre creates positive opportunities for all the partners involved. It will support active collaboration between colleges and industry in pursuit of research and development projects that will answer company needs, helping firms become more innovative and productive, thereby supporting government efforts at all three levels to stimulate the economy and bring much-needed prosperity to our region and country.
We look forward to providing further updates as the project progresses. We are expecting to break ground this spring, with a 2016 opening planned.
For further information, please visit Fanshawe's media contact page.