Thank you.
As I mentioned, we've developed a support system at the University of Calgary involving the Hunter Hub for Entrepreneurial Thinking, CDL-Rockies, Innovate Calgary and so on. These are support systems for our students, faculty and staff who want to take that journey of mobilizing their knowledge for the benefit of society.
In that process, we want to ensure that the various avenues that are open to them can be explained clearly and can actually be operated on, for example, creating a small or medium-sized enterprise or creating a new company, or it might be better to license that technology and work with industry to obtain revenue that way. Those are some of the support systems we put in place.
What's really also very important is the collaboration with industry. The University of Calgary, in essence, receives about 25% to 30% of its funding from collaboration with industry and not-for-profits. These collaborations are really important because we're producing the talent to support those industrial sectors, but we're also working hand in hand with industry to, in essence, pull the technologies and the great ideas out and mobilize that for the benefit of society.
