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Government Operations committee  This is a tough one for me, because I really don't have enough insight. I think for our company the SR&ED program is an important part of what we do, and we are investing somewhere between 15% and 20% in R and D every year in our company. I really haven't looked at that to sa

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  I think it could change if you were to switch that just to BDC. I think it could change the landscape quite a bit in terms of the companies that would be willing to take out that capital and pay for the type of interest that goes along with that type of capital from BDC.

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  I think that's an interesting concept. We have a similar situation where we can do some small changes and include them in the timeframe we're talking about. I would be interested in looking at that a bit more as well.

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  They were the initial department we worked on the solution with, and then we commercialized it from that solution. We own the intellectual property. Talking to another country in that community, and it's small.... When the U.K. were looking at purchasing it, it was very easy for

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  I would say yes.

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  Yes. And also you have the government getting a capability that it doesn't have; it's not just a one-way thing.

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  I think that when you have an innovation, a solution, you would like to see it in use as quickly as possible to derive and demonstrate the benefit. With regard to the commercialization itself, if I think about my example with DFAIT, we have seven countries today, and we probabl

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  At AMITA we had an early-stage solution for early outbreak management. It is based on the SARS commission report and the ability to manage information during that time, when there was an outbreak and nobody really knew what it was. People were concerned, some people died, and of

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  In AMITA, we all use BDC funding from time to time, and working capital becomes really important when you're trying to take a new initiative forward in the marketplace. Here we're talking about maybe a reallocation, allocating more directly. The SR&ED, I think, is indirect, i

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  In the same vein, one of the key areas in public safety and security was in the health area, and we do have innovations there, so it was a good fit for us. We also had an innovation that was in the right place in terms of being pre-commercialization. We chose the one that we subm

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  Maybe I could add to my comments just from a bit of a different perspective. I don't know all of the details of the program. What I do know are things that would help us, and maybe I could articulate those and then you can determine whether the program can in fact address them or

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  Yes, we've dealt with the Canadian government from the inception of our company. We deal with other governments outside Canada as well. Every government has its way of working. I think that's pretty well known and you have to get to understand it and be able to wade your way thro

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  For AMITA, we would have had a key business development person on this file to do the first draft, someone who knew our innovation quite well. I would definitely always have a lot of input into the assessment and review of what we're putting together. We would probably also have

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  We at AMITA found out because we regularly scan for these types of programs that can assist us in doing what we do. When we read the requirements we had to respond to, we felt they were very straightforward. These were questions that we expected to see. We had to do some research

October 18th, 2011Committee meeting

Monica Preston

Government Operations committee  If I look at our experience at AMITA and the consular product suite that we have today, it was really having a really good Government of Canada reference under our belt when we approached other countries, because we knew that this type of modernization was needed for the consular

October 18th, 2011Committee meeting

Monica Preston