Dash, it has been my experience that the Canadian government tends to throw money at a great many things that they see as in the best interests of the economy (or just outright mercenary vote buying). POET is a Canadian company that looks good on the program and I think the government will like the 3P approach, this time an academic/ private sector/ goverment assisted success story with a feel good angle.
I tend to think that a great many people, of a certain age and demographic, including myself, want POET to be the successful "AVRO Arrow"
IMO, of course