March 2013 – TIAP

What does MaRS Innovation’s funding extension mean for Toronto’s academic entrepreneurs?

Every six weeks, MaRS Innovation’s marketing and communications manager writes a guest post for the MaRS Discovery District blog profiling MI’s activities or one of our start-up companies. You can read the original post on the MaRS blog.

Created in 2008, MaRS Innovation (MI) bridges the chasm between the early-stage technologies emerging from its 16 member institutions and successful startup companies and licensable technologies.

By offering early-stage funding in tandem with hands-on management, business development, mentorship and intellectual property protection strategy, MI acts as a commercialization agent for its members and researchers.

Earlier this year, the Networks of Centres of Excellence of Canada awarded MI $14.95 million to continue its mandate as a Centre of Excellence for Commercialization and Research (CECR), matched by $25 million from membership fees and private sector investments.

So what does that success mean for MI’s ability to serve the needs of academic entrepreneurs based in Toronto?

Minuum closes on $60,000 crowdfunded stretch goal to build wearable development kit

Minuum's one-line QWERTY keyboard on a touch device — Minuum’s one-line QWERTY keyboard on a touch device leaves more screen space for content.

Whirlscape Inc.‘s Minuum keyboard has enjoyed the kind of launch that start-up founders dream about yet few achieve.

UPDATE: Whirlscape’s Minuum Project has now cleared its $60,000 fundraising target. Mobile Syrup wrote a follow-up article on the campaign with details about the Wearable Development Kit. Their technology also got a second spot on CTV News‘s Tech Tuesday report and was featured on Global TV’s The Morning Show.

The little keyboard for big fingers, which launched an Indiegogo campaign a week ago today to support the launch of its Android keyboard app and a wearable development kit, is currently less than $4,000 from its crowd-funded stretch goal of $60,000.

The company was featured on CTV News on Mar. 24, 2013. The CTV video story and photos of CEO Will Walmsley and CTO Xavier Snelgrove are available on CTV’s website.

Minuum to end battle between mobile screen space and virtual keyboards

Start-up launches Indiegogo campaign to change future of mobile typing

Minuum keyboard on an Android phone — The Minuum keyboard: “the little keyboard for big fingers.” Designed by Whirlscape Inc., this one-dimensional, tiny keyboard frees up mobile screen space while allowing fast, accurate typing.

TORONTO, March 18, 2013 — Whirlscape Inc., a Canadian tech start-up, has developed Minuum, “the little keyboard for big fingers.”

Updated: The company has now cleared its $60,000 stretch goal to build a wearable development kit. Read the Mobile Syrup follow-up story.

Minuum’s crowdfunding campaign was covered by the Financial Post, CBC News, CTV News, the Toronto Star and Metro Morning (radio interview). They also did a second spot on CTV News‘s Tech Tuesday report and were featured on Global TV’s The Morning Show.

The story was also picked up by Fast Company, Mashable, CNET, TechCrunch, TechCrunch Japan, TechVibes, Huffington Post, Toronto Standard, BlogTO and Mobile Syrup.

Minuum is a tiny, one-dimensional keyboard that frees up mobile screen space while allowing fast, accurate typing. Its specialized, patent-protected auto-correction algorithm corrects highly imprecise typing.

This algorithm, based on the touchscreen and wearable device research of company founders, Will Walmsley (researcher) and Khai Truong (associate professor) at the University of Toronto, configures the difference between what you type and what you mean, in real time, getting it right even if you miss every single letter.

Crowdmark’s grading software featured in EdSurge

March 18, 2013
Susanne Staer
Crowdmark

Exam pain is not limited to students, notes Tony Wan of EdSurge in his profile of UTEST start-up company, Crowdmark.

The article, “Crowdmark Lends a Helping Hand with Handwritten Assessments: How one savvy professor is scaling human grading capabilities for handwritten responses” appeared Mar. 17, 2013.

Here’s an excerpt:

Dr. James Colliander, co-founder and CEO of Crowdmark. Photo courtesy of Denise Grant. Used with permission.

James Colliander, a Professor Mathematics at the University of Toronto, knew this pain all too well. As a grader for the 2011 Canadian Open Mathematics Challenge, he and a team of volunteers had to deal with 70,000 pages of hand-written responses, a “tremendously inefficient, logistical nightmare” that involved paper shuffling and moving boxes of exams.

That’s when he started working on a way to scale human assessment capabilities. In April 2011, Colliander joined UTEST (University of Toronto Early Stage Technology), an incubator launched by the University of Toronto and MaRS Innovation, to work on his solution, Crowdmark.

ScarX Therapeutics featured on cover of Bioworld Today

“More than 240 million surgeries are performed worldwide each year, yet there is no approved product on the market to prevent the dermal scarring that can frequently occur,” writes Jennifer Boggs, managing editor of BioWorld Today in her cover story on ScarX Therapeutics.

The article, “ScarX Finds New Uses for Old Drug in Dermal Scarring,” appeared in the New Co section and focuses on the MaRS Innovation-Hospital for Sick Children start-up company.

Here’s an excerpt:

“ScarX Therapeutics, a 2012 Toronto-based start-up, is looking to introduce a topical anti-scarring product onto the market — a product that can be administered by the patient — to prevent scarring following surgical procedures.

What should start-ups consider when forming a partnership?

**Dr. Raphael Hofstein**, president and CEO, MaRS Innovation.

Dr. Rafi Hofstein is among the experts featured in this month’s “One question, three experts” post on the MaRS Discovery District blog.

This regular feature addresses some of the challenges that start-ups face by asking three experts to respond to a different question each month — anything from marketing and financing guidance to advice on partnerships and mentors.

Here’s Hofstein’s response:

The first question to define is “partnership with whom?”

You will face very different issues when, for example, partnering with another founder to create a company together than you do when negotiating a relationship between a startup and a more established company.

Monthly Archives: March 2013

What does MaRS Innovation’s funding extension mean for Toronto’s academic entrepreneurs?

Minuum closes on $60,000 crowdfunded stretch goal to build wearable development kit

Minuum to end battle between mobile screen space and virtual keyboards

Crowdmark’s grading software featured in EdSurge

ScarX Therapeutics featured on cover of Bioworld Today

What should start-ups consider when forming a partnership?

Quick Links

Contact Us