Brampton and Mississauga companies are part of the consortia and associated partnerships shortlisted to receive part of $950 million being offered by the federal government to advance business innovation in Canada.

Innovation, Science and Economic Development Minister Navdeep Bains, who is also Mississauga-Malton MP, began to announce the shortlisted proposals for the Innovation Superclusters Initiative on Tuesday (Oct. 10).

The initiative provides the government dollars to generate public-private partnerships between large and small companies, universities, colleges or not-for-profit organizations that take innovation industry ideas from conception to market.

Innovation Superclusters are central to the government’s plan to prepare for the changing economy, fuel national economic prosperity and create middle-class jobs.