OCE In The News

  • 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.


    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.
  • October 5, 2015 – snapd BarrieventureLAB Announces BOOST Grant for Local Young Entrepreneur
    ventureLAB, the Regional Innovation Centre serving York Region, Simcoe County and Muskoka District, recently announced the competition results for its funding program for young entrepreneurs called BOOST. This year, $5,000 was made available as a non-repayable grant for each of the eight entrepreneurs and this year's recipient was Shelby Taylor, Founder & CEO of Earth to Kids, Inc. and local smOffice Winner. This year, ventureLAB partnered with Bank of Montreal and Ontario Centres of Excellence for the judging of the applications. 
  • October 5, 2015 – Country 93.5: Kingston NewsSt. Lawerence College News

    15 companies in Eastern Ontario will benefit from a new applied research project at St. Lawrence College. The college has received funding from Ontario Centres for Excellence to help the companies develop and improve their internet presence. 10 students involved in the SPARK Production House at St. Lawrence will work with the companies to develop a customized strategy.

  • October 5, 2015 – Toronto StarDoctors' Notes: It's time to turn research into tangible solutions
    The conference room down the hall from my office in the U of T Faculty of Medicine has a wall covered floor-to-ceiling with PhD theses. These mighty volumes represent years of scientific exploration and discovery. Sometimes during meetings I wonder if somewhere in these tomes sits a discovery that was never translated into a major medical breakthrough. Researchers in Canada have advanced our knowledge of the world through basic science. But we have been less successful at turning these discoveries into new treatments, drugs and therapies that can help Canadians. This chasm, between discovery and innovation — between lab and community — is referred to as the “valley of death.”
  • October 5, 2015 – Exchange MagazineGround-breaking global waste reduction effort strengthens Ontario's green economy
    Last Friday, Tyromer Inc, a company established by the University of Waterloo to commercialize a better way to recycle scrap tire rubber and more importantly, to manage scrap tire waste, announced the opening of its groundbreaking facility, Tyromer Waterloo.
    Tyromer received early financial support from Michelin Development Company, Ontario Centres of Excellence and University of Waterloo to scale up its technology.
  • October 5, 2015 – AutosphereTyromer Celebrates Grand Opening

    On Sept. 18, Tyromer Inc, a company established by the University of Waterloo to commercialize a better way to recycle scrap tire rubber, announced the opening of its facility in Waterloo, Ontario.
    The technology, invented by Professor Costas Tzoganakis of the Department of Chemical Engineering, University of Waterloo, turns scrap tire rubber into a new, versatile, high quality rubber material – Tyromer-TDP (Tire-Derived Polymer).
    Tyromer received support from Michelin Development Company, Ontario Centres of Excellence, the University of Waterloo, Ontario Tire Stewardship and AirBoss Rubber Compounding.

  • September 18, 2015 – Canada NewswireGround-breaking global waste reduction effort strengthens Ontario's green economy
    Today, Tyromer Inc, a company established by the University of Waterloo to commercialize a better way to recycle scrap tire rubber and more importantly, to manage scrap tire waste, announced the opening of its groundbreaking facility, Tyromer Waterloo.
    Tyromer received early financial support from Michelin Development CompanyOntario Centres of Excellence and University of Waterloo to scale up its technology.  Ontario Tire Stewardship provided a research grant for Tyromer to strategically focus on the devulcanization of scrap tire rubber crumb. AirBoss Rubber Compounding, the second largest custom rubber compounder in North America, provided valuable industry knowledge and helped validate Tyromer-TDP as a viable rubber compound replacement in the manufacture of tires, and provided technical assistance in the construction of the Tyromer Waterloo facility.
  • September 17, 2015 – Money.caCleantech Capital Inc. Announces LOI With Char Technologies Inc. for Proposed Qualifying Transaction
    Cleantech Capital Inc., a capital pool company, announced it has entered into a letter of intent with respect to a proposed business combination with Char Technologies Inc., an OCE-supported leader in natural gas cleaning.
  • September 15, 2015 – CrowdbabbleCrowdbabble Continues to Move Forward with First Round of Funding

    Crowdbabble, a B2B startup providing a social media analytics platform for marketers, has announced today that it has secured a round of seed funding from The Ontario Centres of Excellence (OCE). Only 3 years old, this is Crowdbabble’s first round of funding since its inception. Before today, the company bootstrapped to become a self-sustaining Internet startup that is now at the DMZ at Ryerson University in partnership with Ryerson Futures Technology Accelerator.