Leading Edge Endowment Fund (LEEF)
The Government of British Columbia launched the Leading Edge Endowment Fund (LEEF) in April 2002 to encourage social and economic development in BC.
Using a cost-sharing partnership with the private sector, LEEF helped to establish 20 permanent Leadership Research Chairs at public, post-secondary institutions across the province in the areas of medical, social, environmental and technological research. The Fund also established 9 Regional Innovation Chairs to create opportunities in communities through BC’s colleges, universities and institutes.
Each Leadership Research Chair received a total endowment of up to $4.5 million, which is cost-shared between government and the private sector – each contributing $2.25 million. Each Regional Innovation Chair received $2.5 million, with government and the private sector each contributing $1.25 million.
LEEF wound up operations in December 2012. BCIC continues to handle administration of LEEF funds.