A $20 million investment from the federal government will enable the Southern Ontario Smart Computing Innovation Platform (SOSCIP) consortium to add new areas of focus – such as advanced manufacturing and cybersecurity – to its research projects. U of T is a founding member of SOSCIP, created in 2012 to support collaboration between academic researchers and industries using advanced computing and big data analytics.
They saved lives here at home and around the world and they launched the first cohort of entrepreneurs at the University of Toronto – in 1923. “Banting wasn’t an entrepreneur. Best wasn’t an entrepreneur. But the emergence of insulin really was an example of entrepreneurship at the University of Toronto,” says Michael Bliss, historian and author of The Discovery of Insulin.
Applications Now Open for University of Toronto Early Stage Technology Program
UTEST (University of Toronto Early Stage Technology) is seeking dynamic teams and technology-based companies to join the existing UTEST portfolio of 16 companies which have already raised a combined $8M in follow-on investment, with one acquisition.
The UTEST Program is part of a growing ecosystem of incubators and commercialization support services at U of T. In partnership with MaRS Innovation, UTEST is open to current U of T students, faculty and recent graduates within two years. The prgram supports nascent companies based on research and innovations developed at U of T, and provides start-up funding, 12 months of work space at the MaRS Centre, education and mentoring, in addition to IP and business strategy support.
With funding from the Connaught Fund and MaRS Innovation, UTEST may invest in up to ten (10) companies to a maximum of $30,000 each. UTEST companies may also apply for up to $500,000 in follow-on investment from MaRS Innovation.
Full program information and application forms can be found on the UTEST program page. The applications deadline for this call is May 8, 2015.