Posts Tagged: early-stage seed funding

MaRS Innovation awarded $15 million to further commercialize world-leading Canadian innovations

Networks of Centres of Excellence recognizes strength of partnership between MI and its 16 member institutions TORONTO, February 5, 2013 — How do you make sure the brilliant ideas emerging from Toronto’s academic research community get the best possible chance to succeed? MaRS Innovation (MI), created in 2008, bridges the chasm between these early-stage technologies and successful start-up companies and licensable technologies. By offering early-stage funding in tandem with hands-on management, mentorship and IP strategy protection, MI acts as a commercialization agent for ... Read more

UTEST program: Giving U of T students a new way to become their own bosses

"There is a path somewhere between extended study and becoming an office worker," wrote The Varsity's Angela Brock, in "Be Your Own Boss: Student entrepreneurs combine creativity and business to forge new career paths" (February 3, 2012). "As it turns out, there are plenty of opportunities for those looking to flex their entrepreneurial muscles without straying too far from the bosom of U of T." Brock's article describes UTEST, the joint U of T-MaRS Innovation program that helps students, faculty and recent ... Read more

University of Toronto Early-Stage Technology Program (UTEST) opens applications for second start-up company cohort

Students, faculty and recent alumni with software ideas must apply by Feb. 22 Got a killer software-based idea? Are you passionate about turning that idea into a start-up company? If you’re a current student, faculty member or recent graduate of the University of Toronto, consider applying to the University of Toronto Early-Stage Technology (UTEST) program. Applications are now closed. Stay tuned for the third UTEST application call. Created as a pilot in 2012 to help the U of T community bring their software-based ideas to ... Read more

OCE invests $250,000 in ScarX Therapeutics’ revolutionary anti-scarring medication

TORONTO, ON (Jan. 24, 2013) - ScarX Therapeutics, a start-up company commercializing a groundbreaking treatment to dramatically reduce post-operation scarring, is receiving a $250,000 investment from Ontario Centres of Excellence. This story was covered in Yonge Street Media on January 30, 2013. ScarX, a topical medication, emerged from Dr. Benjamin Alman's research. Alman, head of orthopedic surgery at the Hospital for Sick Children, is developing his invention in conjunction with MaRS Innovation. Each year, doctors worldwide perform 240 million surgeries. Currently, no clinically-proven prescription ... Read more

Shotlst: “Track changes” for the physical world

Shotlst is one of six inaugural UTEST companies; next UTEST application round to begin shortly What if you could turn on Microsoft Word’s “track changes” tool and apply it at will to the world around you? Sound like science fiction? Meet Matt Ratto, a professor in the University of T’s Faculty of Information, and Mike Borg, a recent graduate of the faculty. They’ve formed Shotlst, a new software company being incubated by the University of Toronto Early Stage Technology (UTEST) program. The central metaphor of ... Read more

VitalHub’s Chart Makes Apple’s Top 80 List of Doctor Apps

VitalHub Chart has been named to Apple's list of top 80 apps for doctors, nurses, patients and healthcare professionals in the "EMR and patient monitoring" category. Here's a description of the app, which is made by Toronto-based VitalHub Corp., from the Apple list curators: “VitalHub Chart puts patient data at your fingertips. You can access the information you need any time, anywhere there is WiFi or cellular service. No more waiting for a free desktop, hunting for a workstation on wheels, or carrying printouts ... Read more

U of T, MaRS Innovation Collaborate to Launch Incubator for Student Software Companies

TORONTO, ON – A new program that provides nascent software companies with start-up funds, work space, mentoring and business strategy support, was launched today by the University of Toronto and commercialization partner MaRS Innovation, with support from the MaRS Discovery District. TechVibes has a profile page for UTEST and covered CoursePeer as part of their students start-ups series. The new program, called University of Toronto Early Stage Technology (UTEST), is part of a growing ecosystem of incubators and commercialization support services at U ... Read more

ApneaDX Inc: A Medical Device to Accurately Diagnose Sleep Apnea at Home

MaRS Innovation and the University Health Network's Toronto Rehabilitation Institute have collaborated to bring a new technology to market that accurately diagnoses sleep apnea at the patient's home. Sleep apnea is a medical disorder that is gaining increasing recognition as a major health issue. It is estimated that six to eight per cent of the world's population suffer from the disease, but 85 per cent are undiagnosed. Undiagnosed sleep apnea is estimated to cause $3.4 billion in additional medical costs in the US.  ... Read more

Encycle investigators receive CQDM investment

CQDM invests $1.5 million in two collaborative projects within the Québec/Ontario Life Sciences Corridor Toronto, December 6, 2011 —  The Québec Consortium for Drug Discovery (CQDM) is pleased to announce $1.5 million in funding for two joint Québec/Ontario research projects in biomedical research. The news was released today at the conference, Connecting Life Sciences Across the Ontario-Québec Corridor, which was held in Toronto. (more…) Read more

Video: Canadian International Council interviews Rafi Hofstein about commercializing Canadian technology

Dr. Raphael Hofstein, president and CEO of MaRS Innovation, spoke to the Canadian International Council about the importance of protecting intellectual property as an important component in commercializing Canadian technologies. Here's an excerpt: Government could be extremely helpful if they created special funds dedicated to covering the costs of patent protection. (more…) Read more
Page 4 of 512345