Newfoundland, Labrador Fund Maritime R&D Projects
11 business-led projects to get more than $1.3 million in funding from the Research & Development Corporation of Newfoundland & Labrador (RDC). "With an increasingly diversified economy continuing to outpace growth in other regions around North America, Newfoundland and Labrador continues to earn a reputation as a place where business growth and innovation is encouraged," said the Honourable Keith Hutchings, Minister Responsible for RDC. RDC works with businesses, providing funding to assist with research and development (R&D) activities focused on improving Newfoundland and Labrador's R&D performance. The investment program fosters business R&D in Newfoundland and Labrador focusing on key sectors including oil and gas, fisheries, information technology and ocean technologies.
Memorial University Program to Study Marine Offshore Structures
Houston, TX -The Research & Development Corporation of Newfoundland and Labrador (RDC) and ABS of Texas have announced a combined $600,000 investment for the ABS Harsh Environment Technology Center and associated research program. This investment will fund research on how ship and offshore structures can be improved to work more effectively in volatile ocean conditions, such as the North Atlantic. “This partnership further demonstrates Newfoundland and Labrador as a recognized leader on the international stage when it comes to research and development of technologies for ships and offshore structures operating in harsh environments,” said Keith Hutchings, Minister Responsible for the RDC. “Worldwide, there is an industry need for this type of research and development.
