Unleash advanced materials and molecular breakthroughs
The Acceleration Consortium deploys self-driving labs to spur discoveries for more eco-friendly products, green energy, and cutting-edge health care.
Innovation in advanced materials holds the key to creating biodegradable plastics, environmentally friendly electronics, green energy production and storages, more resilient building materials, new drugs and therapeutics, and breakthroughs in regenerative medicine—and it is estimated to become a $1 trillion industry. The challenge is that advanced materials innovation is incredibly slow and expensive. It typically takes 20 years and up to $100 million to develop, test, and commercialize new materials.
By creating these new materials, the Acceleration Consortium will help improve the lives of Canadians by addressing challenges in health, climate change, urbanization, and economic development. The AC’s efforts will also directly support our country’s post-COVID-19 economic recovery by generating commercialization opportunities, onshoring manufacturing, increasing productivity, and even sparking the creation of companies and industries that do not yet exist.
Ed Clark, board chair at the Vector Institute and former president and CEO of TD Bank Group
