News

The Hibernia Management and Development Company Ltd. (HMDC) and the
Research & Development Corporation (RDC) are investing approximately $16 million in a new helicopter training and research and development (R&D) centre in Newfoundland and Labrador. HMDC will contribute $13 million to the centre and its helicopter simulator system, and RDC will contribute $3.3 million to the cost of the helicopter simulator system and the completion of five research projects.

Memorial University will help cultivate the next generation of innovators in Newfoundland and Labrador thanks to a $2.85 million investment from the Hibernia Management and Development Company Ltd. (HMDC). The funding will create the Hibernia Project-Shad Valley Fund at Memorial to encourage high school students to pursue studies in the areas of science, technology, engineering and mathematics (STEM). The program also will encourage students from across the country to pursue their post-secondary studies at Memorial.

The Fortune HeadInterpretation Centre is updating andexpanding its exhibit space and has hiredseasonal staff to enhance its educationalprogramming.

The Hibernia Management and Development Company Ltd. (HMDC) is contributing $840,000 to support educational programs at the Manuels River Hibernia Interpretation Centre. The funding will be used to design and deliver four years of science lessons for elementary, intermediate and high school students.

Memorial University’s Department of Earth Sciences will use a $1.98 million contribution from Hibernia Management and Development Company Ltd. (HMDC) to create the Hibernia Project Geophysics Support Fund to enhance geophysics education and research.