Canadian college research income leaps by 20 per cent in one year
Thursday, November 2, 2017, London, Ontario - Fanshawe College is delivering a one-two
winning punch across the country today, as it leads the way with applied research.
According to Research Infosource Inc., which just released its annual ranking of
Canada's Top 50 Research Colleges, Fanshawe is #1 for research growth and #2 for
Canada's leading research colleges posted a combined research income of $201.7 million
in fiscal 2016 compared with $167.8 million in fiscal 2015, a gain of 20.2 per cent.
Ontario featured well within the national rankings with Toronto's George Brown College
leading the Top 50 with $13.2 million of research income, followed closely by London's
Fanshawe College ($12.3 million) and Sarnia's Lambton College ($11.0 million). The
report also cites Fanshawe as having the strongest overall year-over-year income
growth (564.4 per cent).
A large contributor to Fanshawe's excellent research ranking is its new, state-of-the-art
Canadian Centre for Product Validation (CCPV), a project valued at $16.2 million,
with half the funding made possible through the Federal Economic Development Agency
for Southern Ontario (FedDev Ontario).
Unlike any other testing facility in Canada, CCPV is uniquely designed to bridge
the gap between innovation and commercialization. Since opening in June 2016, the
Centre's leading-edge validation technologies and equipment conduct electrical,
mechanical, performance, environmental and thermal analysis – all under one roof.
"Fanshawe is honoured to be recognized as a top research college in Canada, and
we are particularly proud of CCPV – a game-changer for the College, local business
and the national economy," says Dan Douglas, dean of the Centre for Research and
Innovation. "A culture of collaboration continues to grow, as we incorporate research
and innovation into all of our programs to provide exceptional learning opportunities
for students, while supporting the vast research needs of many business, industry
and community partners."
Within the Research Infosource data, college research funds received from industry
sources rose to $40.5 million, a gain of 8.4 per cent over fiscal 2015. Industry
research income increased at 26 colleges compared with 22 colleges where industry
income fell and 2 colleges reported no change. A total of 2,845 active formal research
partnerships with external organizations were reported, which is a 10.5 per cent
gain over fiscal 2015. Colleges also indicated they had completed 2,766 research
projects, a 12.8 per cent improvement over the prior year, and the number of college
researchers rose by 12.9 per cent to 2,379. This is all good news for the Canadian
For complete information on the rankings, visit: https://researchinfosource.com/news.php.