The Ontario government is establishing an Ontario Fuel Cell Innovation Program to support commercialization of R&D fuel cell products and projects. Economic Development and Trade Minister Joseph Cordiano outlined the program during a visit to Hydrogenics Corporation.
The million Ontario Fuel Cell Innovation Program will provide $3 million in annual funding through 2007-08. The Program builds on Ontario’s $63 million Research Commercialization Strategy to help turn Ontario’s public scientific and technological research into successful products that can be sold around the world.
The Ontario Fuel Cell Innovation Program also builds on the government’s announcement earlier this week of the new $8 million Center of Excellence for Energy, the purpose of which is to encourage research and development into leading edge and emerging energy sources and technology.
The Ministry of Economic Development and Trade will post program details and criteria at www.fuelcells.2ontario.com on or before February 14, 2005.