OCE In The News

  • 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.

  • November 27, 2015 – Greater Peterborough Innovation ClusterFROM ZEROS TO HEROES: INNOVATION CLUSTER'S "THE CUBE" INCUBATOR HELPS NASCENT TECHNOLOGY COMPANIES TO SUCCEED

    Trent alumna Alesia Blackwood has high praise for the support her fledgling tech company, Unlock Math, has received from The Cube, the business incubator located in the DNA Building on Trent University’s Peterborough campus.
    The Cube is a technology-focused initiative of the Greater Peterborough Innovation Cluster(GPIC) that puts early stage and start-up companies in a nurturing environment where they have ready access to the expertise, mentorship, coaching, and networking they need to grow their businesses. Trent is a core partner of the Innovation Cluster, along with Fleming College, the Ontario Centre of Excellence (OCE), and the Peterborough Region Angel Network (PRAN).

  • November 27, 2015 – Centennial CollegeCentennial partner Clear Blue Technologies wins Mind-to-Market Award
    Clear Blue Technologies was named the winner of the prestigious Ontario Centres of Excellence Mind-to-Market Award at OCE's annual general meeting on October 22. The award celebrates the best OCE-supported research collaboration between the business and research communities resulting in the commercialization of leading-edge ideas.
  • November 27, 2015 – Money.caClear Blue Technologies Named Mind-to-Market Award Winner by Ontario Centres of Excellence
    Clear Blue has developed the industry's most advanced technology to power, control, monitor and proactively service solar and wind based systems such as lighting, mobile power and security. Since its inception in 2011, Clear Blue has partnered with George Brown College and Centennial College on a number of research and development projects related to the company's Smart Off-Grid technology. OCE has made several investments in Clear Blue, which have been instrumental in helping the company commercialize its green energy technology.
  • November 27, 2015 – Financial PostCanadian startups need more VC funding to stay at forefront of medical technology
    Sachin Aggarwal is busy aiming at a moving bullet with another bullet. The chief executive of Toronto-based Think Research is tackling the fast-evolving medical technology market by revolutionizing the way physicians share and consume research. Started in 2006, the firm is among many companies propelling Canada to the forefront of the medical technology space.
  • October 23, 2015 – Niagara Falls ReviewCollege helps small businesses get with the times
    If you don't exist online you just don't exist. That's what Neil Wilkinson a research project manager at Research and Innovation at Niagara College says. Wilkinson is part of a team of students and faculty at the college who will offer e business solutions to small and medium sized businesses in the region and across the province in the coming months.
  • October 23, 2015 – Toronto StarGetting a leg up as an entrepreneur
    Business owners don't have to go it alone. A suite of education mentorship and funding resources can help entrepreneurs get their startup off the ground and pointed in the direction of success.
  • October 9, 2015 – ITA3HTC Vive’s Founder Interviewed On-Stage at Immersed 2015
    The Immersive Technology Alliance is very proud of how Immersed 2015 turned out. We’d like to express our thanks to our Premiere Sponsors AMDOntario Centres of Excellence, and Starbreeze Studios who were all pivotal in making this event possible. 
  • October 5, 2015 – Northern LifeOnline edge: Cambrian students help local businesses
    Eight third-year Cambrian College Graphic Design students have teamed up with local businesses to give them an online edge.
    The program operates thanks to support from the college’s applied research arm, Cambrian Innovates, and funding from Ontario Centres of Excellence’s (OCE) Voucher for E-Business and Technology Adoption (VEBTA) program.