Largest Project in EDL History is Launched with Government of Canada and Private Sector Support
Rick Casson, Member of Parliament for Lethbridge, on behalf of the Honourable Lynne Yelich, Minister of State for Western Economic Diversification, announces Government of Canada support to help EDL strengthen economic opportunities in the Lethbridge area.
Western Economic Diversification is investing $4.17 million in building a technology commercialization centre, business incubator and supporting data centre. The City of Lethbridge has committed $1.1 million to support the infrastructure of the Technology Commercialization Building, to be built adjacent to an office facility and large scale data centre being built by Iunctus Geomatics Corporation (IGC). IGC is contributing data centre capacity as well as $1 million over the next five years to support the start up operations of the centre.
“The Government of Canada recognizes the value of entrepreneurship and the importance of sustainability in our communities,” says MP Casson. “Investing in the technology commercialization centre will provide new opportunities for local businesses, create employment opportunities and benefit Lethbridge’s economy.” Construction is targeted for completion by Spring 2011.