As the world shifts towards the increased use of technology in everyday life, technology seems to be constantly improving to provide users with only the best experiences. From Smart TVs to even more advanced smartphones, technology is constantly improving. With this evolution of technology, mobile gaming is also an industry that has come a long way from its origin. Dating back to the 1990s, Nokia users were able to play the simplest of games such as snakes on their devices. Thanks to emerging technologies however, users today have the option of downloading any mobile applications of their choice, specifically any mobile game.

The mobile gaming industry globally is currently in it’s prime. With almost everyone having some version of a smartphone and due to the ease of access of these games, mobile games are becoming increasingly popular. Games such as Fortnite by Epic Games and PUBG by TenCent rake in over millions of dollars a month.

Specifically, the Canadian mobile gaming industry has also been excelling under these conditions. Some of Canada’s most popular mobile game developers such as Relic Entertainment and Big Blue Bubble have also been able to generate similar profits.

The added variety of mobile gaming has been of significant influence on the gaming industry in the country bringing in revenues of an estimated USD$857M in 2020 with USD$317M from the mobile gaming sector alone.

With the increased usage of mobile gaming in Canada, there is potential in this industry. Additional users each day and their feedback has contributed to Canada achieving the 25th position globally in overall mobile gaming experience compared to the US which is at 35th. Being the top 25 pushes Canada to strive for improvement and rank even higher in the coming years. Relatively, there are several efforts working towards the same goal.

The most significant effort stems from the increasing market for esports. Games such as Counterstrike have over 19 squads competing for prize money worth several million dollars. Players have been known to generate a following by playing and streaming their games on platforms such as Twitch and YouTube like Canadian steamer Sonja Reid also known as OMGitsfirefoxx. The greater the reach of these streaming platforms, the greater the excitement and energy behind it and the more likely viewers are to turn to playing themselves. In Canada, developers can continually create content to provide mobile gamers with engaging and exciting material to keep driving the market. This is also profitable for the Canadian government as it looks forward to the gaming industry to continue making significant contributions to the national GDP over the years.

The entertainment software industry contributed $4.5B to Canada’s GDP in 2019 alone and employs over 48,000 people which includes 27,700 directly working with video game companies.(https://www.newswire.ca/news-releases/video-game-development-industry-contributes-4-5b-to-canada-s-economy-850704435.html). This GDP contribution made by the gaming industry is only going to increase as advancement in video game development takes place. This industry focuses on innovation and research in order to develop new emerging technologies and intellectual property. Through research and development, gaming has expanded to smart phones, tablets, motion sensor gaming consoles and even cloud-based gaming. This development involves physics simulation, artificial intelligence, graphics acceleration and several other features that need to be simulated to create the ultimate gaming experience.

With the advancements so far, the industry is looking forward to providing its users with potential 3-D gaming and revolutionary simulations in the coming generations of consoles.

This product development is extremely well supported by the federal government of Canada. Innovation and R&D have always been supportive of such efforts and are available to all businesses to maximize. Such projects are especially eligible for the Scientific Research and Experimental Development tax program which rewards R&D efforts and funds similar projects. Applicants can expect to receive a tax credit, or a cash refund based on the qualifying expenditures of their SRED project. Provincial governments also fund such efforts on different levels such as the Digital Media Tax Credits offered in Ontario etc. through other innovation grants for all industries.

EVAMAX specializes in working with businesses to help prepare their SR&ED applications. They also have expertise in other federal and provincial support available to businesses. Contact EVAMAX today to see if your project qualifies!

augmented realityAugmented reality is technology that blends digital information technology, ie: sound, video, graphics and direct sensory experiences in real world surroundings and objects.  

Its like the Pokemon Go App! connected with real world information and presents an interactive world of Pokemons appearing on your sidewalk.  

This interactive form of technology is playing an increasingly critical role in healthcare. As medical professionals are constantly working to meet rising demands in healthcare services and keep up with health advancements and outbreaks. Healthcare is utilizing augmented reality hardware to treat various medical conditions, particularly neuropsychological conditions. Applications and protypes are available or in the development stage to improve conditions of autism, post-traumatic stress disorder (PTSD), depression, phobias, addiction, stress and rehabilitation. 

The AR market was worth $4B in 2018 but the falling costs of AR hardware as well as its growing value in healthcare will significantly increase its worth in the following years.  GlobalData’s ‘Virtual/ Augmented Reality in Healthcare’ forecasts a compound annual growth rate at 13%, resulting in a market value of $76B by 2030. 

Here are five ways AR is transforming the face of healthcare to provide solutions to medical challenges:  

  1. Improving access: AR directly improves the concepts of medical consultations over distances . It also guaranteeing the quality of consultations. Even in the field of surgery, AR not only assists medical professional with diagnostics but surgical procedures. Take the app Proxime, it allows complete surgical procedures to be carried out over distance, by a specialist using AR tools to guide with a colleague in real time. This increases access to surgery as medical expertise can reach more patients.  
  2. Boosting TrainingMedical professional have more accessibility and opportunity to train more and faster. AR applications such as 3D visualizations, that bring anatomical learning to life and aid nurses in master techniques to check for vital signs. A great benefit of AR as a learning toll is its highly engaging and immersive nature.  
  3. Keeping up with tech: Innovative technologies with promising health benefits are being introduced to the healthcare provision everyday. The challenge lies within adopting a product or service from its development phase and implementing it in daily medical practice. The reasons for this delay involve costs related to purchase, time for awareness, integration to systems as well as training staff. AR can fasten this process by providing remote training and product demonstrations.  
  4. Aiding Practice: AR can help healthcare practitioners with Day to Day tasks for higher accuracy and efficiencyAccuVein, an AR application helps practitioners locate veins for cannulation. Future uses of AR may include electronic medical records being automatically displayed on a device as a doctor examines consults with patients. This can also highlight immediacy that AR can bring to medical attention. 
  5. Empowering Patients: With the use of AR in healthcare, patients can have a proactive role in their own care. The EyeDecide app, for example, is on the one hand another example of a 3D anatomical visualization tool, this time demonstrating the structure of the eyeball. The app offers visual simulations of different eye conditions. Users can match simulations to any distortion they are experiencing in their own vision and the app offers a list of suggested eye specialists in their area If your business is a part of the medical equipment manufacturing industry – investing in AR Research and Development and planning its integration into your products and services is advantageous. 

If you’re looking to incorporate AR into your product line and require financial sourcing, there are numerous funding opportunities available.  

  • Industrial Research Assistance Program (IRAP), supportsmall and medium-sized enterprises with their technology innovation advances.  
  • Superclusters 
    • British Columbia: Digital Technology  
    • Quebec: Scale Artificial Intelligence   

Do you want to know all the Innovation Grants and Incentives that your company is eligible for? Contact EVAMAX today for a no-obligation consultation.

 

Program Overview

– Alberta Innovates believes in the benefits of developing and commercializing new technology and knowledge-based products to Alberta’s global competitiveness.

– The Alberta Innovates has two voucher programs (Voucher Program and Micro-voucher Program) to support technology development and help small to medium-sized businesses reduce time to market and improve their competitiveness.

– These programs help subsidize the costs of service providers for the development of technologies in the mid-to-late developmental stages.

– Funding of up to $100,000 can be received to cover the costs of the following activities:

Innovation grant

Company Eligibility

– Be a for-profit SME (fewer than 500 full time employees, less than $50M annual gross revenue).

– Demonstrate the relationship between the Applicant and the Service Provider does not create a conflict of interest.

– Have a physical presence in the province of Alberta.

– Be a legal entity:

  • Incorporated in Alberta, or
  • Incorporated federally AND extra provincially registered in Alberta, or
  • A general partnership, limited partnership or limited liability partnership AND registered in Alberta

– Be in good financial standing with Alberta Innovates and its subsidiaries (i.e. InnoTech Alberta, C-Fer Technologies)

Service Provider Eligibility

– At arm’s length from the applicant

– Provides services/products at reasonable market rates

– Be legally permitted to enter, remain in, and perform services in Canada during the project term

– Be in good financial standing with Alberta Innovates and its subsidiaries

Project Eligibility

Voucher Program

– Have clear, critical “go/no go” milestones

– Completed within the 2-year term

– Submit to other criteria that Alberta Innovates may develop periodically

Micro-Voucher Program

– Completed within the 12-month term

– Submit to other criteria that Alberta Innovates may develop periodically

Project activities include but are not limited to the following:

– New product research and development

– Leading-edge design, engineering and prototype development

– Advanced product testing and refinement

– Patent development

– Advanced market assessments

– Other technology development activities may be considered on a case by case basis

Eligible Expenses

– Labour costs for individuals identified to be performing the service for the provider

– Materials that can be specifically identified for use in the project

– Software critical to the project

– Capital assets critical to the project (on a case by case basis)

– Other costs pre-approved by Alberta Innovates

Funding

This program offers up to $10,000 for the Micro-Voucher program and up to $100,000 in funding for the Voucher program over the course of the project.

The Micro-Voucher Program funds one service provider while the Voucher Program funds up to three service providers, and Applicants are to contribute 25% of total eligible project costs.

Deadline

These programs have a continuous intake period.

For assistance in preparing your submission and to position your application for approval contact EVAMAX Group to help you with the process.

Program Overview:

The Strategic Innovation Fund (SIF) is a program that was launched in 2017. It provides repayable and non-repayable contributions to support four distinct Streams of activities:

Stream 1: Encourage research and development (R&D) that will accelerate technology transfer and commercialization of innovative products, processes, and services;

Stream 2: Facilitate the growth and expansion of firms in Canada;

Stream 3: Attract and retain large-scale investments in Canada; and

Stream 4: Advance industrial research, development, and technology demonstration through collaboration between academia, non-profit organizations, and the private sector.

Who Qualifies:

The Strategic Innovation Fund focuses its support on larger projects that are over $10 million in requested contribution.

Streams 1, 2 and 3:

The Applicant must be a for-profit corporation—small, medium or large-sized—proposing to carry on business in Canada in the industrial and/or technology sectors. You can receive up to 50% of total eligible costs or a requested contribution starting at $10 million in funding.

Stream 4:

Applicants are a consortium that may include Canadian universities, colleges, research institutes, for-profit corporations (including SMEs) and/or not-for-profit entities operating in the industrial and/or technology sectors. You can receive up to 50% of total eligible costs.

Networks in the industrial and/or technology sectors are also eligible for this stream and can receive up to 100% of eligible costs. Stream 4 contributions are all non-repayable and you can receive a contribution starting at $10 million in funding.

Eligible Projects:

Each Stream has its own criteria as to what is an eligible project.

Stream 1—R&D and Commercialization

The project must involve activities related to the research, development, and commercialization of innovative products, processes and/or services. For example, projects could focus on:

  • R&D to test the commercial potential of an early TRL concept or finding;
  • Development of current products through the implementation of new technology that will enhance the Recipient’s competitive capability

Stream 2—Firm Expansion and Growth

The project must support the expansion or material improvement of existing industrial or technological facilities, or projects. For example, projects could focus on:

  • Increasing manufacturing capacity to meet demonstrated market demand;
  • Improving production efficiency through improvements to plant and equipment; or
  • Improving processes to increase efficiency

Stream 3—Investment Attraction and Reinvestment

The project must support new investment in industrial or technological facilities in Canada. For example, projects could focus on:

  • A Canadian company establishing a new production facility which did not previously exist in Canada;
  • Obtaining a production mandate for a product which was previously produced outside Canada or is being produced for the first time

Stream 4—Collaborative Technology Development and Demonstration

The project must support industrial research, including activities related to the discovery of new knowledge that aims to support the development of new technology-driven products, processes or services at early-stage technology readiness levels;

  • Development by a lead Tier 1 original equipment manufacturer company of a potential new product utilizing academic research findingsconjunction with SME suppliers and research councils

Further stream specific information can be obtained through EVAMAX GROUP, get a FREE consultation.

Eligible Costs:

Eligible costs are limited to non-recurring costs that are specifically related to the project, this includes:

  • direct labour
  • overhead (program limits apply)
  • subcontracts and consultants
  • direct materials and equipment
  • other direct costs
  • land and buildings

 

For assistance in preparing your submission and to position your application for approval contact EVAMAX Group to help you with the process. You may also email us at info@evamax.com or call 1-877-711-7733.

 

 

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