Thanks for your question, and thank you for coming to N3. We had over 1,000 participants, and 114 of our projects were exhibiting what they've developed as a result of our support.
We raise funds from both the public and private sectors, primarily through ISED, to invest in collaborative projects that are really transformative in terms of the advanced manufacturing processes that come out of these projects.
The key here is to integrate technologies. Often, technology companies have a fantastic technology, but it's not everything that is required in order to implement it successfully in manufacturing. We take a look at how we can integrate technologies. How do we build the IP relationships around collaborative projects? Then, of course, how do we find the right manufacturing customers and the right type of solution for those manufacturers?
To date, we've invested in about 281 projects. I think that collaborative model is exceptionally important. There aren't very many other organizations that focus on the collaborative aspects of open innovation and technology, particularly in the manufacturing sector. We not only provide the non-dilutive funding—they're on a reimbursement model of about 35% or 40% reimbursement—but we also help companies develop IP strategies. We help them diversify their markets and find new customers in Canada and internationally.