The benefit is that ultimately we want to see more activity. We want to see more competition. We want to see more businesses participate.
As you know, historically these funds have been allocated for two key sectors. They are important sectors. The aerospace sector is absolutely essential, and so is the auto sector. In my opinion, they'll continue to participate in an active way in this fund, but we've opened it up to different sectors as well.
We believe the criteria that we have in place really allow us to touch on key growth areas. For example, I was in Vancouver just a few weeks ago, on stem cell technologies, at a Canadian company. As you know, in the sixties we discovered stem cells. It's Canadian know-how, Canadian research, but now we're commercializing it. Our investment of $22.5 million will generate 800 new jobs. We're excited about those strategic investments. Again, that's above and beyond the traditional aero and auto, which are important, in an area where there's high growth. These are good-quality jobs, especially because these companies deploy strong IP strategies. On average they pay a 16% wage premium. Those are the kinds of middle-class jobs that we talk about, and those are the kinds of investments that we want to see more of.