TECTERRA Funds Additional $3.5-Million for Geomatics Growth in 2013-14

CALGARY, ALBERTA -- (Marketwired) -- May 27, 2014 -- TECTERRA Inc. announced today that it has committed nearly $3.5- million of funds supporting the geomatics technology sector in Canada during the last fiscal year ending on March 31, 2014. The year's commitment brings TECTERRA's to date investment commitment to the geomatics industry to over $29-million. The investment sum represents commitments to support geomatics companies and applied research projects for technology commercialization, new job creation and Highly Qualified Personnel (HQP) training and development across the country, with total matching private investments in the amount of $18.3-million toward the supported projects and initiatives.

"TECTERRA is pleased that we can continue to provide support to small and medium Canadian geomatics companies and, in turn, drive the growth and development of the geospatial industry across Canada," says Dr. Mohamed Abousalem, Chief Executive Officer for TECTERRA. "Our carefully designed investment and grant programs allow Canadian geomatics companies developing technology solutions for resource management and other geospatial applications to achieve commercial success faster than they would on their own. We look forward to continuing to contribute to the economic growth of Canada in the years to come."

Following is a summary of TECTERRA's commercialization support and job creation activities in the period from TECTERRA's start of operation in June 2010 through the end of March 2014.


----------------------------------------------------------------------------
Project/Activity Type              # of Units                     Investment
----------------------------------------------------------------------------
Small & medium geomatics companies 141 companies                 $16,533,375
 supported                                                                  
----------------------------------------------------------------------------
New HQP jobs (inc. those within    239 HQP                        $1,526,927
 funded projects)                                                           
----------------------------------------------------------------------------
University applied research        25 projects                    $4,720,238
 projects                                                                   
----------------------------------------------------------------------------
HQP trained on state-of-the-art    552 HQP                          $249,228
 geomatics technology                                                       
----------------------------------------------------------------------------
TECTERRA Geomatics Lab investment  16,523 equipment-days          $6,073,418
 for product development and HQP   95 training days                         
 training                                                                   
----------------------------------------------------------------------------

TECTERRA continues to develop new programs that support the geomatics industry and applied geomatics research in Alberta and across Canada.

To meet with some of TECTERRA's supported companies, learn more about TECTERRA's programs and activities, and stay up to date on the newest innovations in geomatics technology, register today to attend TECTERRA Geomatics Showcase 2014 on June 18th, 2014, at the Calgary Telus Convention Centre. Visit www.tecterra.com for event details and to register.

About TECTERRA:

TECTERRA Inc. is a national organization supporting the Canadian development and commercialization of geomatics technologies for integrated resource management. With current funding from the Province of Alberta and the Government of Canada, TECTERRA invests in technology solutions for energy, forestry, agriculture, environment, and land management and development applications. The first centre of its kind, TECTERRA works with industry, entrepreneurs, researchers, and government partners to enable the use of geomatics technologies in addressing local, national and global challenges in resource management. TECTERRA, a non-profit organization, is governed by an independent Board of Directors representing key industry sectors associated with TECTERRA's focus markets. For more information, visit www.tecterra.com.

Contacts:
TECTERRA Inc. - Media Contact
Lindsay Hischebett
Marketing Communications Specialist
Direct: 403-930-1373

lhischebett@tecterra.com

www.tecterra.com





Review Article Be the first to review this article
Harris

Airbus

Featured Video
Jobs
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
GIS Analyst II for Air Worldwide at Boston, MA
Senior Structural Engineer for Design Everest at San Francisco, CA
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Upcoming Events
RoboUniverse San Diego at San Diego CA - Dec 14 - 15, 2016
DGI 2017 at QEII Centre London United Kingdom - Jan 23 - 25, 2017
Geospatial World Forum 2017 Hyderabad at Hyderabad International Convention Center P.O Bag 1101, Cyberabad Post Office Hyderabad Telangana India - Jan 23 - 25, 2017
Trimble
Teledyne Optech
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy