Ontario Centres of Excellence funds work on hand-held concrete analyzer
Already making a name with its leading-edge structural integrity technology, Ottawa’s Giatec Scientific is cementing its future with $150,000 from Ontario Centres of Excellence (OCE) to bring its portable concrete analyzer to market.
The money, which is awarded under OCE’s Market Readiness program, will be used to further develop the iCOR hand-held device which can detect areas of deterioration in concrete structures before it happens.
"Giatec is finding solutions to increasingly common and potentially life-threatening problems associated with aging infrastructure," said Tom Corr, president and CEO of OCE. "We are proud to continue supporting this made-in-Ontario innovation."
Based on 10 years of award-winning academic research at Carleton University, the iCOR device provides an unprecedented level of accuracy, reducing maintenance costs and improving safety. Giatec’s technology detects problems in existing concrete structures much earlier than other methods and can predict the rate of future deterioration.
"Ontario’s colleges and universities are producing some of the most innovative products anywhere in the world and Giatec is proof of that," said Brad Duguid, Minister of Economic Development and Innovation. "With OCE’s support, this device will be taken to the next level."
The company also received a $50,000 loan under the Centre for the Commercialization of Research (CCR) Embedded Executive program to help in the commercialization of Giatec products.
"The support from OCE and CCR is about more than just the funding," said Aali Alizadeh, CEO of Giatec Scientific. "The expertise and experience from our business development advisor, Philippa King, and the help to refine our business model, set-up meetings with potential clients, write applications and establish processes have all been invaluable."
In addition to OCE and CCR support, Giatec is working with Invest Ottawa, the local Regional Innovation Center, through its Business Accelerator program. OCE and Invest Ottawa, along with other partners such as the National Research Council’s Industrial Research Assistance Program are helping Giatec become one of the businesses to watch in Ottawa.
The company’s technologies are already being recognized as industry-leading and are being utilized in the forensic examination of the tragic mall roof collapse in Elliot Lake, Ontario.