What Does ISTPCanada Do?

ISTPCanada aims to:

• Encourage domestic competitiveness through the transfer of technology and knowledge resulting from global S&T partnerships;  
• Foster international S&T partnerships and collaborative research in all sectors;
• Accelerate the commercialization of research;
• Access international technologies for Canadian companies;
• Promote Canadian R&D capacity and Canada as an ideal destination for foreign technology-based investments;
• Encourage the international mobility of Canadian researchers; and  
• Endorse Canada as a career destination for foreign researchers and highly qualified personnel.                                          

In support of these objectives, ISTPCanada:

• Supports early-stage partnership development activities;  
• Offers a technology matchmaking service that brings together Canadian and foreign technology-based small-to-medium-sized companies; and
• Invests in bilateral and multilateral R&D initiatives

By design, ISTPCanada is highly efficient, effective and ‘at the ready’ to help Canada seize new innovation opportunities as it:

• Adopts a lean and agile operational model with active participation from partners, which enables the organization to respond quickly to changes in markets, technology and innovation priorities;
• Applies thorough due diligence when determining areas of focus, thereby minimizing risk and optimizing opportunities for S&T partners to attract investment to R&D projects;
• Stimulates focused action on specific objectives by facilitating the exchange of ideas, injecting resources and creating win-win scenarios for all collaborators, which often leads to longer-term cooperation delivering multiple benefits to participants – without any additional public investment; and;
• Leverages the value of every dollar of investment. The actual R&D that emerges from bilateral projects funded by ISTPCanada promises to deliver economic returns in several multitudes of the invested amount.