October 28, 2011
INNOVATION CLUSTER HEADS TO HOLLAND TO DEVELOP WATER INVESTMENT OPPORTUNITIES
The Greater Peterborough Innovation Cluster (GPIC) President & CEO, Dan Taylor, is promoting investment in Peterborough during International Water Week in the Netherlands. During the first week of November, Taylor will be attending the Aqua Terra Conference to build business partnerships, qualify investors and target water companies that are ready to invest in Peterborough, leading to potential investment and job creation in our community.
For the past two years GPIC has worked with a number of Dutch technology companies including Water Insight, a water remote sensing company who is currently making Peterborough their second home. GPIC has facilitated a working relationship between Water Insight and Fleming College and is now building potential collaborations with environmental consultants, Ontario agencies, and Trent University for projects using their technology. This has secured foreign investment and job creation in the Peterborough region.
GPIC has a formal partnership with Oost NV (Development Agency East Netherlands) that provides an overseas portal for Dutch water technology businesses seeking to launch commercial ventures in North America. This partnership will lead to trans-atlantic collaborations for knowledge-sharing and new product development.
Peterborough is a competitive location for water development due to our extensive water/aquatic research expertise, access to water research infrastructure, a significant private sector water manufacturing supply chain, and the ability to train a skilled work force in water technology and application. There are approximately 20 local businesses that are currently involved in water research and technology in the Peterborough region. The investment mission to Holland will also help to identify areas for growth and partnership that will help our local businesses expand.
GPIC is a not-for-profit organization with a mandate to support R&D resulting in commercialization of new technologies/processes that create high paying jobs and drive the Peterborough region’s Knowledge-Based Economy. GPIC undertakes the development activity of the Innovation Pillar of the Greater Peterborough Area Economic Development Corporation (GPA EDC) to create new wealth opportunities for the region.
For additional information please contact Katie Young, Communications Officer
705-875-5230 or firstname.lastname@example.org, @youngk8e
Partnership With Oost NV
In March 2011, the Innovation Cluster established a formal partnership with Oost NV (Development Agency East Netherlands) which will allow the Innovation Cluster to collaborate with water related businesses and researchers in the Netherlands on three levels; business-to-business, business-to-science, policies and strategies on regional developments.
The relationship provides an overseas portal for Dutch water based businesses seeking to launch commercial ventures in North American. This partnership will help facilitate trans-atlantic collaboration for knowledge-sharing and new product development.
Peterborough is a competitive region for water development due to our extensive water/aquatic research expertise, access to water research infrastructure, a significant private sector water manufacturing supply chain, and the ability to train a skilled work force in water technology and application.
Partnership History at a Glance
GPIC first visits Holland to meet water companies, visit Wageningen University, and start discussion with Oost NV
First Dutch Water company visits Peterborough
Two Dutch companies work with Fleming College’s International Trade and Marketing students to develop market penetration strategies
GPIC and Oost NV Formalize Memorandum of Understanding to collaborate
Second Dutch company visits Peterborough
Dutch intern works in Peterborough to map trans-atlantic opportunities for attracting investment, and collaboration in water R&D
The Peterborough Water Industry
In 2010, the Industrial Transition Investment Program study identified over 19 companies active or interested in becoming active in water, as well as gaps and opportunities for our community to address together. See the full report results at http://www.gpaedc.on.ca/expand-energy.php
Our region is home to Trent University’s Water Quality Centre (WQC) and Institute for Watershed Sciences (IWS)- that boasts over 17 aquatic scientists, as well as Fleming College’s Centre for Alternative Wastewater Treatment (CAWT) in Lindsay. These facilities lend themselves to the development of innovative water quality and wastewater treatment technologies and monitoring processes that when partnered with industry can help address water quality and treatment concerns around the world – and drive the local knowledge-based economy.
In September, the Innovation Cluster held a Water Development Forum to bring local private businesses, the public sector and academia together to facilitate the growth of a water cluster that will create jobs, and increase investment and economic activity in our region