No Compass Needed – Ocean Supercluster Activities Explained
Canada’s Ocean Supercluster is a co-investment initiative between Canada’s federal government and the private sector that is part of the Innovation Superclusters Initiative. As we wrote about in our article, The Ocean Supercluster – navigating innovation together, it is based in Atlantic Canada and is looking to inject $950 million dollars by 2022 as part of Canada’s national innovation strategy.
What does the Ocean Supercluster do?
The Ocean Supercluster will undertake activities categorized into four distinct program themes we outline below. These themes were developed through engagement with Ocean Supercluster stakeholders. The programs, and activities undertaken to achieve them, will expand and develop as further needs are identified.
- Company creation and growth – fostering new startups, creating regional partnerships, connecting entrepreneurs to resources, incentivizing commercialization and facilitating access to subject matter experts.
- Example activities: 1) funding programs that increase the quantity and quality of startups; 2) facilitating relationships between ocean companies and subject matter experts; 3) showcasing technology leadership projects.
- Inclusive talent attraction and transformation – attracting the best entrepreneurs and talent, creating collaboration between indigenous groups as well as cross sector, and increasing skill agility in the workforce.
- Example activities: 1) funding and marketing activities to attract high potential startups; 2) Indigenous engagement and participation opportunities; 3) creating partnerships between supercluster members and universities to capitalize on research.
- Access to ocean innovation resources– accelerating research and innovation, leveraging public and private research facilities, facilitating access to specialized design and fabrication equipment and fostering technological commercialization.
- Example activities: 1) investing in the creation of shared infrastructure and regionally integrated innovation hubs; 2) supporting academic entrepreneurship and Intellectual Property commercialization among researchers and graduate students; 3) creating an inventory of private and public sector assets available to supercluster members and facilitating access to both these physical assets and applicable expertise.
- Global cluster collaborations – building strategic investment opportunities and developing key activities that build global competitive advantages through international collaboration and commercial supply chain access for Canadian ocean technology providers.
- Example activities: 1) establishing formal ties with other leading ocean clusters; 2) exploring potential for cost shared systems with other Canadian superclusters; 3) seeking co-investment for shared ocean challenges.
Working with partners
The Ocean Supercluster will work with members in a variety of ways:
- Member organizations can submit Innovation Ecosystem Activity proposals that are in line with the Ocean Supercluster strategy.
- Members can pitch Technology Leadership Projects.
- Members can opt into being a delivery partner for one or more Innovation Ecosystem Activities.
- Members can participate in cluster direction setting through various channels, including:
- Technology Leadership Working Group;
- Innovation Ecosystem Working Group;
- The Ocean Supercluster board of directors;
- Ad hoc working groups or committees;
- Through workshops and cluster input sessions.
At Stewart McKelvey, we have been closely involved with the Innovation Superclusters Initiative and understand the opportunities this will provide to our clients. Stewart McKelvey has over 30 years of leadership as Atlantic Canada’s first and largest regional law firm. The Ocean Supercluster is primarily concentrated in Atlantic Canada; waters, in which Stewart McKelvey has navigational expertise. With our forward thinking approach, we can navigate the rough superclusters waters with our clients. Together, we can bring innovation to application.
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