OCE In The News

  • November 30, 2015 – Singularity UniversityThe Emperor Has No Clothes: Socrates Deconstructs Singularity University

    Singularity University is not about the singularity and is not even a university. It is not about abundance and is not an exponential organization.
    Then what is Singularity University about?!
    Those are the claims I made and the questions I asked, and tried to address, during my recent presentation at a local meetup organized by Singularity University in the Netherlands. Check it out and judge for yourself.

  • November 30, 2015 – The Canadian Jewish NewsTWO YEARS IN, ONTARIO BUSINESS ACCELERATOR SEEN AS A WORLD LEADER
    As startups go, YEDI has done pretty well. In only two years of existence, it has matched about 100 budding entrepreneurs and non-profit innovators with people to fund them. It has helped a good number of Russian immigrants improve their education, find their legs and get started in Canada. And earlier this month it was recognized for all it has done by being named the number one ranked business accelerator in Ontario and number three in all of North America at an award ceremony sponsored by UBI Global and Ontario Centres for Excellence.
  • November 30, 2015 – Sarnia ObserverSarnia-Lambton research improves in North American ranking

    A new ranking places the Western Sarnia-Lambton Research Park among the top five university business incubators in North America.
    The rankings by UBI Global and the Ontario Centres for Excellence saw the Western Research Parks, including the Sarnia park on Modeland Road, improve on their seventh place ranking in 2014 by moving into the fifth spot for 2015.

  • November 27, 2015 – Brampton GuardianCompetition offers start-up cash to high school students with business idea

    Peel high school students are being encouraged to show off their entrepreneurial side and submit a business pitch in an annual province-wide competition.
    The fourth annual Young Entrepreneurs, Make Your Pitch competition – which is organized in partnership between the Province and Ontario Centres of Excellence –has high school students pitching a business idea via a two-minute video. The pitches will be evaluated by judges pulled from the business community and the public can vote for their favourite online.

  • November 27, 2015 – Northumberland ViewOntario Helping Young Entrepreneurs Kick-Start Own Business

    Ontario is fostering entrepreneurship among high school students by supporting the 4th annual 'Young Entrepreneurs, Make Your Pitch' competition.
    The competition - which is a partnership between the province and Ontario Centres of Excellence - challenges high school students to pitch their business ideas in a two-minute video that are evaluated by judges from the business community. The public can also vote for the best pitch online.

  • November 27, 2015 – Hamilton SpectatorContest seeks business ideas from youth

    Budding high school entrepreneurs will get a chance to make their pitch for a package of prizes in a provincial competition.
    The fourth annual Young Entrepreneurs, Make Your Pitch program challenges high school students to pitch ideas in a two-minute video for evaluation by a panel from the business community. Entries can be submitted until March 23.
    The public can go online to vote for the best pitch, from March 28 to April 14. The 20 finalists will get business coaching, mentoring and a chance to present their ideas to a judging panel at Ontario Centres of Excellence's Discovery Conference in Toronto from May 9 to 10, 2016.

  • November 27, 2015 – McMaster Daily NewsMac grad Matthew Sheridan named Ontario's Young Entrepreneur of the Year

    Matthew Sheridan, inventor of the Nix Colour Sensor and a McMaster alumnus, was named Ontario’s Young Entrepreneur of the Year at the 2015 Ontario Business Achievement Awards on Nov. 25.
    The Young Entrepreneur of the Year Award, presented by the Ontario Chamber of Commerce, is awarded to a young Ontario entrepreneur who has successfully built a unique and game-changing venture.

  • November 27, 2015 – MentorworksHow the Rise of Millennials Affects Entrepreneurship and the Economy
    Millennials, those of us born between 1982 and 2004, have received a lot of bad press; we are often associated with the personality traits of being “bratty”, narcissistic, lazy, and entitled. However, Millennials now make up a third of the Canadian and American population and are the largest customer demographic in the North America.
  • November 27, 2015 – Yahoo! FinanceToronto Hydro and Hydrostor Inc. come together to launch the world's first underwater energy storage system
    Located three kilometres off Toronto Island and in 55 metres of water, sits the first ever underwater compressed air energy storage system. Officially unveiled today, Hydrostor's system is connected to Toronto Hydro's electricity grid where it will remain until a two-year pilot study is complete. The project represents years of hard work designing and building the underwater storage unit and the onshore energy conversion centre. The system is expected to improve power quality and resiliency for island residents and engineers will be monitoring its performance through a variety of tests.
  • November 27, 2015 – Canada NewswireEntrepreneurship Program "Saved My Life": Young woman suffering from anorexia gets help from Peterborough-based program

    Frustrated by a health care system that she says underfunds eating disorders that are killing at least 1,500 people each year in Canada, one young anorexic took a unique approach to her anorexia by opening her own business, a move she credits with saving her life.
    Lindsay Brock, 30, owner of Amuse Coffee Co.http://amusecoffeeco.ca/, a new, trendy coffee boutique in the student quarter ofPeterborough, Ontario, grabbed all the considerable help on offer from FastStart - a local entrepreneurship training initiative - and realized her lifelong dream of opening her own Parisian-inspired coffee boutique.

  • November 27, 2015 – Greater Peterborough Innovation ClusterINNOVATION CLUSTER CLIENT, EVOLUTIS TECHNOLOGIES, TRANSFORMS GAMING INTO BUSINESS SUCCESS

    For Hasham Burhani, straightforward learning is a tad boring. It’s not nearly as fun, engaging, or effective as gaming. For this graduate student, currently enrolled in Trent’s Applications of Modeling program, the intriguing concept of “gamified learning” morphed into his own business.
    Drawing inspiration from his early gamer days he says, “Important information can be consumed in a much more fun way with increased retention and recall. That’s why we remember the rules of Super Mario from our childhoods.”

  • November 27, 2015 – Globe AdvisorToronto General Hospital and ManagingLife Team Up to Tackle Chronic Postsurgical Pain and Opioid Dependency
    The Toronto General Hospital's Transitional Pain Service has selected ManagingLife's Manage My Pain app to help prevent the development of chronic postsurgical pain for at-risk patients post-surgery.  The cloud-based smartphone app, which has over 20,000 users from over 130 countries, empowers chronic pain sufferers with conditions like fibromyalgia, back pain, and migraines - it allows them to record what they are feeling so they can better describe their pain and better communicate with their physicians.
  • November 27, 2015 – PR FinderOCE and CCAA strengthen Ontario-China investment ties with new partners
    Building on an existing partnership, Ontario Centres of Excellence (OCE) and China Canada Angels Alliance (CCAA) are strengthening ties between Ontario-based businesses and the Chinese investment community.
  • November 27, 2015 – PR finderNew program will grow agri-based industrial bioproduct development in Ontario
    Ontario Centres of Excellence (OCE) and the Agricultural Adaptation Council (AAC) are fostering innovation in the province's growing agri-based industrial bioproducts sector.
  • November 27, 2015 – Canadian TreasurerToronto region’s Fintech sector poised for growth
    The Innovation Policy Lab at the University of Toronto’s Munk School of Global Affairs has released a report on the region’s financial services technology (“Fintech”) sector and its impact on the region’s future economic success. The report, which was commissioned by the Toronto Financial Services Alliance (TFSA), states that although there is great potential in the region, there is no true Fintech ecosystem and various factors are inhibiting its development – this comes at a cost to the region’s overall economic growth.
  • November 27, 2015 – University of TorontoIPL REPORT HIGHLIGHTS GTA’S NEED FOR FINTECH ECOSYSTEM

    On November 5, The Innovation Policy Lab at the University of Toronto’s Munk School of Global Affairs, released a report on the region’s financial services technology (“Fintech”) sector and its impact on the region’s future economic success. The report, which was commissioned by the Toronto Financial Services Alliance (TFSA), states that although there is great potential in the region, there is no true Fintech ecosystem and various factors are inhibiting its development – this comes at a cost to the region’s overall economic growth.

  • November 27, 2015 – Yahoo! FinanceToronto region's Fintech sector poised for growth but "siloed" resources and players preventing formation of a true ecosystem
     The Innovation Policy Lab at the University of Toronto's Munk School of Global Affairs,released a report November 4th on the region's financial services technology ("Fintech") sector and its impact on the region's future economic success. The report, which was commissioned by the Toronto Financial Services Alliance (TFSA), states that although there is great potential in the region, there is no true Fintech ecosystem and various factors are inhibiting its development – this comes at a cost to the region's overall economic growth.
  • November 27, 2015 – Money.caCelebrating the future of academic incubators – UBI Awards in North America

    On November 2 and 3, 2015, UBI Global and Ontario Centres of Excellence (OCE) co-hosted a benchmarking conference & award ceremony for the 2015 top performing university business incubators in North America. The event was held at Toronto’sTIFF Bell Lightbox. The event highlighted best practices, hands-on-tools, analyses, success stories, and featured inspiring presentations that allowed those who attended to network, learn from each other and improve performance in order to enhance economic transformation and local, regional and national development.

  • November 27, 2015 – Digital JournalDematic Announces Scholarships for University of Waterloo's Faculty of Engineering
    Dematic, a global leader in supply chain optimization, celebrates the one year anniversary of its location in Waterloo by announcing scholarships valued at $10,000 for the University of Waterloo's Faculty of Engineering, called the Dematic Scholarship for Excellence in Supply Chain Optimization.
  • November 27, 2015 – Backbone MagazineSoapbox Secures $3m to Power ‘The High Performance Workforce’

    SoapBox, an enterprise SaaS company, today announced a $3-million seed round led by SBNY (formerly SoftBank Capital), Golden Venture Partners, and Accomplice (formerly Atlas Ventures).
    SoapBox provides a software platform that connects business leaders with the insights of frontline employees, a longstanding challenge now overcome thanks to the Toronto-based startup’s intuitive, mobile-first software and accompanying services. This exchange of ideas increases employee engagement, improves business performance, and strengthens company culture.