Grants and Contributions:

Title:
820041
Agreement Number:
820041
Agreement Value:
$47,962,000.00
Agreement Date:
Feb 12, 2026 - Mar 31, 2045
Description:
The project will support Providence Health Care Society's (PHCS) objective to develop an Innovation Hub within the Clinical Support and Research Centre which will be connected to the New St. Paul's Hospital in Vancouver, British Columbia. The project’s work phase is scheduled to end on March 31, 2032.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:

The Innovation Hub will provide purpose-built space for the ideation, development, and scaling of new ventures and health solutions to enhance health data capabilities, chronic disease research, and AI-enhanced capacity across the life sciences ecosystem.

Location:
Vancouver, British Columbia, CA V6Z 1Y6
Reference Number:
033-2025-2026-Q4-820041
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
873465728
Recipient Type:
For-profit organization
Recipient's Operating Name:
Providence Health Care Society
Recipient's Legal Name:
Providence Health Care Society
Federal Riding Name:
Vancouver East
Federal Riding Number:
59035
Program:
SIF Stream 2- Growth
Program Purpose:

Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services; Facilitate the growth and expansion of firms in Canada; Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.

NAICS Code:
339900