Posted October 2, 2009
The Honourable Jim Watson, Minister of Municipal Affairs, today announced that the Ontario Government will invest $9.3 million over the next five years to accelerate the implementation of a new commercialization model for the development of communications enabled applications. Coral CEA is a non-profit company created by Carleton University, Eclipse Foundation, IBM Canada, Nortel and ITAC. Its mandate id to assist companies of all sizes with the commercialization of communications enable applications. Coral CEA provides a “sandbox” of world-class technology assets that participants can use to develop end-user enterprise applications. Peter Carbone, former ITAC vice chair and Nortel executive is Coral Cea’s chair. For more information on Coral CEA read the press releases here.