FREDERICTON, NB, Oct. 8, 2015 /CNW/ - Opportunities New Brunswick
(NB), GE Canada and GE Ventures Licensing have announced a
partnership to provide New
Brunswick entrepreneurs access to GE intellectual property
that will help them bring new technology, products and services to
market.
Stephen Lund, president and CEO
of Opportunities NB, and Ross
Hornby, vice-president of government affairs and policy at
GE Canada, made the announcement at the joint GE and Opportunities
NB 2015 Small Business Day event held at Planet Hatch in
Fredericton.
The Small Business Day event included discussions about
innovation in New Brunswick, as
well as opportunities for New
Brunswick companies to pitch how they might license and
commercialize GE technology to serve the needs of their
customers.
"We are excited about the prospect of collaborating with GE and
the top emerging technology companies in New Brunswick," said Agriculture, Aquaculture
and Fisheries Minister Rick Doucet,
who is also minister responsible for Opportunities NB. "This
partnership is a great opportunity for New Brunswick entrepreneurs to connect with GE
technology. This partnership will also contribute to the
development of a culture of innovation in the New Brunswick business community."
Several New Brunswick companies
participated in the Small Business Day event.
New Brunswick is the third
province in Canada, after
Nova Scotia and Alberta, to collaborate with GE on the sharing
of intellectual property.
"At GE, we believe partnership and collaboration are key drivers
for innovation and we look forward to being your innovation partner
of choice," said Mike Petracci,
president of Licensing for GE Ventures. "Our goal is to make
intellectual property available to New
Brunswick companies that will help them fast track
solutions, and create new business and market opportunities."
"We are very excited that GE is looking for New Brunswick companies with a clear
understanding of their market, their customers, and their
customers' challenges," said Lund. "Opportunities NB is eager to
support our businesses in forming partnerships with GE to help them
grow and expand their operations in New
Brunswick."
About Opportunities New Brunswick
Opportunities NB is an action-oriented agency which seeks
to attract and support high-growth opportunities to grow the
New Brunswick economy and create
jobs. It provides business support services for small and
medium-sized, as well as large businesses across the province.
About GE
GE (NYSE: GE) is the world's Digital Industrial Company,
transforming industry with software-defined machines and solutions
that are connected, responsive and predictive. GE is organized
around a global exchange of knowledge, the "GE Store," through
which each business shares and accesses the same technology,
markets, structure and intellect. Each invention further fuels
innovation and application across our industrial sectors. With
people, services, technology and scale, GE delivers better outcomes
for customers by speaking the language of
industry. www.ge.com
SOURCE General Electric Canada Inc.