June 5, 2015 – Electronic Products and Technology – OCE accelerates auto innovation through program partnerships
Fuelling the concept of innovation, Ontario Centres of Excellence (OCE) and some of its partners are investing in programs aimed at moving automotive-based research from the classroom to the showroom.
OCE, on behalf of the Ministry of Economic Development, Employment and Infrastructure, will invest $1-million supporting driverless and connected vehicles, as well as teaming up with AUTO21 to provide 50 students with practical automotive industry R&D experience.
June 5, 2015 – Healio.com – Better, more affordable prosthetic knees to be mass produced for developing countries
An expected commitment of $2 million from a combination of private investors, foundations and federal funds will allow the Toronto-based company, LegWorks, to mass produce an innovative, affordable prosthetic knee for amputees in developing countries, according to a press release.
The contribution from the federal government is part of a $10 million strategic partnership fund provided by the Department of Foreign Affairs, Trade and Development Canada (DFATD) for Grand Challenges Canada innovations meant to improve health in developing countries. Other investors include MaRS Innovation, Holland Bloorview Kids Rehabilitation Hospital and Ontario Centres of Excellence, as well as a number of private investors.
June 5, 2015 – Belleville Intelligencer – ON CAMPUS: Taking classroom experience to the orchard
Since its inception in 1996, County Cider has expanded to accommodate a retail store, a patio, production facilities and new varieties of apples. To compete with multinational corporations and to meet heightened demand for its products, County Cider recently partnered with Loyalist College’s Manufacturing Engineering Technician program to evaluate their machining operations and recommend process improvements to increase productivity and flexibility.
The initiative, which enables students to put their design skills to work, is made possible by a grant from the Government of Ontario through the Ontario Centres of Excellence (OCE), as well as the Natural Sciences and Engineering Research Council of Canada (NSERC), marking the College’s first NSERC award.
May 29, 2015 – Financial Post – What I learned about business from launching an app and clinching our first 1,000 users
Earlier this year, Kabir Daswani launched Grabb, a mobile app that allows people to pre-order and pre-pay for meals — skip the line to save time.
It’s been a steep learning curve, from registering Grabb as a business in the Queen’s University library to attracting its first 1,000 users, and Daswani learned a few lessons about launching a business.
May 27, 2015 – Medical Xpress – Better, more affordable prosthetic knees bound for developing world
Backed with a blend of investments, including from Ontario Centres of Excellence, and catalyzed by Grand Challenges Canada, a new Toronto-based company will contribute to a better life for amputees in developing countries. With the new funding, LegWorks will mass produce its innovative, affordable prosthetic knee, the All-Terrain Knee (AT-Knee), the functionality and durability of which makes it ideal for amputees living in the developing world.
May 26, 2015 – The Fountain Pen – Ontario Providing Funds For Connected Vehicles
Ontario is helping the province's transportation industry become a global leader in connected vehicle technology. The province, through Ontario Centres of Excellence, is pledging $1 million to support innovative and commercially viable projects through the Connected Vehicle/Autonomous Vehicle Program.
May 12, 2015 – Mississauga News – Mississauga student’s business pitch wows the judges
Jake D'Gama will be busy running his own company this summer instead of trying to find a part-time job after winning a competition that encourages youth to come up with an idea for a business.
D’Gama, a Grade 12 student at St. Joan of Arc Catholic Secondary School in Mississauga, was one of six winners of the Young Entrepreneurs Make Your Pitch competition.
May 11, 2015 – Windsor Star – University of Windsor student wins $25,000 for portable turbine project
For the residents of the Nicaraguan beach town of Benicia, University of Windsor engineering student Kyle Bassett’s experiments with small wind turbines went from an amusing oddity to life changing when they provided the community with access to electricity for the first time. And in recognition of just how far he’s come with his idea, Bassett was awarded $25,000 last week for winning the David McFadden Energy Entrepreneur Challenge at the Ontario Centres of Excellence annual Discovery Conference in Toronto.
May 11, 2015 – Financial Post – ‘Winter is coming’ to the tech sector: Eric Ries
Through his 2011 bestseller The Lean Startup, technology entrepreneur Eric Ries has changed the way the world looks at business formation by turning rapid, agile deployment and “customer development” into Priority 1 activities. Recently I interviewed Ries on stage, via video feed from his home in California, on behalf of the Discovery 2015 conference hosted by Ontario Centres of Excellence. His comments on startups, shakeups and the coming tech freeze-up make required reading for anyone trying to build a sustainable business in today’s uncertain markets.
May 11, 2015 – U of T News – Startup world: U of T entrepreneurs take their companies to OCE Discovery conference
University of Toronto entrepreneurs, innovators and inventors showed off their startups at the Ontario Centres of Excellence Discovery conference April 27 and 28 – making connections and sharing best practices for Toronto-based companies in the global economy.
May 11, 2015 – BetaKit – PAYSO WINS OCE FINTECH INVESTOR PITCH COMPETITON
The OCE Discovery conference is taking place today in downtown Toronto at the Metro Toronto Convention Centre. New to the conference this year is the Discovery FinTech Investor Pitch Competition. Five FinTech startups pitched for a chance at $25,000, and in the end it was Payso that came out on top, beating out fellow HIGHLINE portfolio startup Koho and the rest of the field.
May 11, 2015 – Ottawa Business Journal – Merivale team wins Technovation event
A team of girls from Merivale High School not only walked away with the top prize at the Technovation Challenge Showcase and Competition at Carleton University on Sunday, but they might get some high-level help taking their mobile application to market, the event’s organizer said.
May 11, 2015 – Electronic Products and Technology – OCE Discovery conference breaks all records
Held this Monday and Tuesday at the Metro Toronto Convention Centre, OCE Discovery well exceeded previous attendee rates attracting 3,100 attendees and close to 500 exhibits.
“We are extremely pleased by the success of the conference and unprecedented engagement of Ontario’s innovation community in this celebration and showcase of Ontario’s leading edge technologies and talented entrepreneurs,” says Ontario Centres of Excellence (OCE) president and CEO Dr. Tom Corr. “We hope that all who attended found their time there to be highly productive and valuable.”
May 11, 2015 – Dundas Star News – St. Mary Catholic Secondary School Pat Chong wins Young Entrepreneurs, Make Your Pitch competition
Pat Chong, a Grade 12 student at St. Mary Catholic Secondary School, has been named one of six winners in the OCE-managed Young Entrepreneurs, Make Your Pitch competition.
April 29, 2015 – TechVibes – Five-million-dollar Shot in the Arm to Boost Innovation in Ontario's Healthcare System
New technologies to improve life-saving communication, help prevent strokes or advance epilepsy treatment will be helping patients thanks to a new Ontario Centres of Excellence (OCE) program aimed at fostering innovation in Ontario's healthcare system.
April 16, 2015 – Daily Exchange – Waterloo Region's Most Promising Startups Go Head to Head
OCE-supported Golden Triangle Angel Network (GTAN) has announced the eight startups that will be competing in their highly anticipated pitch competition: GTAN|START taking place on May 8th, 2015. GTAN|START is an annual event that celebrates dynamic early-stage companies, who have demonstrated the originality, skills and experience necessary to make them some of Waterloo Region’s most promising startups.
April 9, 2015 – Financial Post – Too high-risk for the bank? Try alternative fundraising options like OCE
As entrepreneurial businesses grow and develop, the sources of financing they rely on can change and pose a threat to their survival. Access to funding remains the biggest hurdle for entrepreneurial businesses, EY’s latest report, Megatrends 2015, suggests. However, those who research their options and think outside the realm of traditional lending can position themselves well for success.
If you’re seeking up-front cash for growth-stage financing, the federal and provincial governments have grant and funding programs such as the Industrial Research Assistance Program (IRAP) or the Ontario Centres of Excellence. It’s beneficial to research the incentive programs your business may qualify for and be sure to consider key dates and timelines that may be associated with the specific program applications.
April 1, 2015 – The Windsor Star – Young entrepreneurs make their best pitch
Students in the Windsor area are among hundreds who have entered OCE's Young Entrepreneurs, Make Your Pitch contest.
They are vying for a place in the finals at the 2015 Discovery Trade show and conference in Toronto on April 27.
March 31, 2015 – Mississauga News – Winner of two OCE awards named Canada’s best intern
Andrew Andrade, winner of two OCE awards, was recently named national co-op student of the year for 2014 by the Canadian Association for Co-operative Education.
Currently a student at University of Waterloo’s school of engineering, he was recognized for co-founding PetroPredict, a startup that uses data analytics to find potential oil and gas leaks that may go undetected for years, during his enterprise co-op work term last year.
The fledgling company has won a pair of top awards at the Ontario Centres of Excellence Discovery Conference, including the inaugural David McFadden Energy Entrepreneur Challenge and the Elevator Pitch competition.
March 27, 2015 – Financial Post – Startup Funding Roundup: Sensibill raises $2 million, Helpling gets financing for Canada expansion
Toronto-based Sensibill Inc., a tech startup that digitizes paper receipts for easy storage and retrieval on banking websites and mobile apps, has raised $2 million in a seed funding round. The financing was led by Impression Ventures and includes investors Six Squared Capital, the Ontario Centres of Excellence and Ryerson Futures.