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Huffington Post : MaRS Innovation among driving forces in Canada’s start-up landscape

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Toronto’s skyline at night.

In “Big-Brain Hunting: The Key to Supercluster Success,” the Huffington Post‘s Pat Lynch investigates how and what makes start-ups successful. Attracting top-talent is listed as a major reason, but so is the environment required to give start-ups the tools they need to flourish.

Lynch highlights MaRS Innovation as a driving force in sustaining the innovation industry in Canada by attracting big ideas and global talent, using former MI project manager Lyssa Neel as an example.

Neel helped launch the education sector start-up Crowdmark, and is now the company’s chief operating officer. Crowdmark is a graduate of University of Toronto Early-Stage Technology (UTEST) program; UTEST is now accepting applications for their third cohort until April 11, 2014.

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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

Networks of Centres of Excellence logoTORONTO, 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 its 16 member institutions.

This announcement was covered by TechVibes, Yonge Street Media and CanTech Letter.

The Networks of Centres of Excellence (NCE) has recognized the increasing strength of this novel partnership by awarding MI $14.95 million in funding through the Centres of Excellence for Commercialization and Research (CECR) program.

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