Monday, January 30, 2012
Thunder Bay Regional Research Institute is booming
The Thunder Bay Regional Research Institute spoke to council to give them an overview on how the organization has grown since Council's initial 5 million dollar investment. CEO Michael Power says before the investment the Regional Health Sciences Centre had 3 supported Scientists now there is 13. Power says the TBRRI has brought in 70 million dollars in direct and indirect economic activity. Power says the next step is to commercialize the research being done here and to see the economic success stay.