Western Economic Diversification Canada
Symbol of the Government of Canada

Common menu bar links

Sub-program 1.1.4: Technology Commercialization

Sub-program Description

Technology Commercialization supports SMEs, directly or indirectly through not-for-profit entities, in the development and production of prototypes, demonstration of products and third party certification, as well as testing and quality assurance of specific products. In addition, it supports outreach and promotional activities to attract investment, validate market potential and end user acceptance, and facilitate market-ready knowledge-based products, processes and services. Transfer payments in support of this sub-program are made under the authority of the Western Diversification Program.

Budgetary Financial Resources (dollars)
2013-14
Planned Spending
2013-14
Actual Spending
2013-14
Difference
(actual minus planned)
41,689,456 33,743,542 (7,945,914)

Note: Actual spending differs from planned spending amounts given that fewer projects were received and approved under this sub-program.  As a result, funding was reallocated to other departmental priorities which required additional financial resources.

Human Resources (FTEs)
2013–14
Planned
2013–14
Actual
2013–14
Difference
(actual minus planned)
46 32 (14)

 Note: Actual FTE utilization is at variance with planned numbers as a result of a realignment of FTEs to other initiatives within the departmental PAA.

Performance Results
Expected Result Performance Indicators Targets Actual Results
Advanced Technology Development - the technology in its final form is proven through successful deployment in an operational setting under real-life conditions Number of products, processes or services proven through successful deployment in an operational setting 22 2
Enhanced financial capacity of SMEs to pursue technology development and commercialization Value of incremental private sector investment attracted $1.35 million $3.8 million
Sales of knowledge-based products, processes and/or services by SMEs Value of sales tied to the knowledge-based product/ process/ service/ technology commercialized $0* $0

* The target for this new performance indicator was set at zero because no results were anticipated for 2013-14.

Performance Analysis and Lessons Learned

WD tracks three indicators to capture the impact of the Technology Commercialization sub-program: number of products, processes or services proven through successful deployment in an operational setting; value of incremental private sector investment attracted; and value of sales tied to the knowledge-based product/process/service/technology commercialized.

WD met or exceeded its targets for two of the three performance indicators related to the Technology Commercialization sub-program (see Performance Results table above). The value of incremental private sector investment attracted was $3.8 million nearly triple the target of $1.3 million. This is attributed to investments in two projects which achieved results significantly higher than anticipated at the time targets were established.

The department fell short of its target for number of products, processes or services proven through successful deployment in an operational setting indicator given that WD's projects tend to be multi-year in nature and results are sometimes reported later than expected. As a result of fewer project applications received and approved, actual spending under this sub-program was $8 million less than planned.  Going forward, however, through the implementation of WINN, WD anticipates an increase in funding of projects under the technology commercialization sub-program.