The Government of Canada and the Government of Quebec are joining forces with Concordia to invest $52.75 million into a research and innovation hub at the university.
"This is a high-water mark moment for Concordia’s next-generation approach to education," says Alan Shepard, Concordia’s president.
"The ultimate commodity in the 21st century is knowledge. The new funding is transformational and will help us meet emerging needs and partner with industry."
Many of the research activities that will be housed within Concordia’s new applied science space are transdisciplinary and will be directed towards incubating new approaches to sustainable products and processes.
"Our researchers are producing outstanding, internationally renowned work," says Graham Carr, Concordia’s provost.
"This new funding ensures they will have the most appropriate environment to support their research, develop partnerships and train students for the jobs of tomorrow."