Commercialization Resources
Background
Ontario Commercialization Mandate Policy Framework
On January 14, 2022 The Ontario Minister of Colleges and Universities released their Commercialization Mandate Policy Framework outlining specific mandates towards generating, protecting and commercializing IP that stems from postsecondary research. This page provides resources and public reporting of Algonquin College’s efforts to meet these new mandates.
Algonquin College Commercialization Statement
On June 14, 2022 Algonquin College approved and publicly posted its new Commercialization statement (see below) as required by the Mandate Policy Framework.
The Province of Ontario issued its Commercialization Mandate Policy Framework in early 2022. The objective of Ontario’s Commercialization Mandate Policy Framework is to harness the intellectual property generated with the institution’s resources to achieve Ontario’s goal of ensuring that made-in-Ontario innovations benefit Ontarians.
Algonquin College is committed to supporting Ontario’s Commercialization Mandate Policy Framework within the context of the role Ontario colleges play in applied research and innovation.
Algonquin College is uniquely positioned to collaborate with industry partners to advance innovation and facilitate commercialization of intellectual property in Ontario that creates economic and social benefits for our communities. In particular, applied research activities taking place at Ontario’s publicly funded colleges in partnership with small and medium-sized enterprises (SMEs) create innovative solutions to challenges being experienced in our communities in a variety of settings. These innovations will be a key driver for sustainable economic recovery, growth, and competitiveness in Ontario and will be critically important as we collectively emerge from the effects of the COVID-19 pandemic.
In order to increase innovation at the community and regional level, Algonquin College will continue to rely on funding from granting agencies, primarily federal agencies, as the operating funding provided to colleges does not reflect the costs of exploring, developing and overseeing applied research projects.
Ontario’s Commercialization Mandate Framework provides an opportunity to advance the role of the publicly funded college sector in research and innovation. Algonquin College looks forward to continuing to support our partners in the commercialization of intellectual property to realize the full benefits for all Ontarians.
Algonquin College Commercialization Policy
On December 20, 2022, the Algonquin College Executive Team granted approval to a new Commercialization Policy (RE 09). This policy was developed in partnership Colleges Ontario (Heads of Applied Research) and the Ontario Ministry Colleges and Universities. Ontario Colleges adopted common language and approach.
Recommended Learning Resources
Algonquin College recommends the following e-learning resources that are both endorsed by the Ontario government and provide free online access to learners:
- Intellectual Property Education Program – University of Toronto: https://entrepreneurs.utoronto.ca/ip-education/
- Foundations of IP Strategy MOOC – Centre for International Governance Innovation:
https://cigimooc.org/
Algonquin College Public Statements on the Annual Commercialization Plans
In accordance with guidance from the Ontario Ministry Colleges and Universities, sections of Algonquin College’s Annual Commercialization Plan are publicly posted below following submission each year to Intellectual Property Ontario (IPON).
- 2023 Public Statement
- 2024 Public Statement
- Coming Soon – 2025 Public Statement