Watching a lung transplant at Toronto General Hospital five years ago, alumnus Geoff Frost noticed a problem: keeping lungs alive outside the body requires large, cumbersome machinery that monopolizes hospital space. “It takes up an entire operating room,” says Frost, an alumnus from both U of T’s Institute of Biomaterials and Biomedical Engineering and Faculty of Applied Science & Engineering.
Joel Meyerson takes education seriously – so seriously, in fact, that he’s launched two startups from his experiences in U of T’s Faculty of Dentistry to help others become dentists, too. “We have a mission,” says Meyerson, who graduates this spring, “to be a student service first and a business second.”
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.
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.
May 12, 2015, 1:30-5:00pm
Desautels Hall, 2nd Floor, South Building
Rotman School of Management
105 St. George Street, Toronto, ON Canada
What are you working on? Show us at DemoCamp 2015!
The Creative Destruction Lab is offering startups and researchers the opportunity to present and exhibit at DemoCampToronto 2015. It’s an excellent venue to practice your pitch, shop your idea or showcase your product, receive early-market feedback, and make connections with technology entrepreneurs, VCs and thought leaders in research commercialization.
Apply now for a demo slot at DemoCamp 2015. Deadline for applications is April 19, 2015 at 12:00pm.
“Here I am just sitting in this house and I’m able to predict a cure to measles,” says Atomwise co-founder Alex Levy in a recent interview.
The University of Toronto startup is using advanced machine learning algorithms to discover new effective medicines against diseases such as ebola, malaria, and others. This information can decrease the cost and time required to develop new medicines, currently estimated at $2.9 billion and an average of 12 years. The potential of the company is signaled by its recent selection for participation in the prestigious Y Combinator accelerator program in California. Atomize has been working with partners such as SickKids Hospital, the Centre for Addiction and Mental Health (CAMH), and the India Institute of Technology in Bombay.
Atomwise was originally called Chematria, a startup that graduated out of Techno in 2012 at the University of Toronto. Read the Y Combinator announcement posted by U of T’s Impact Centre.
Co-founder Alex Levy is a U of T graduate and was formerly named Canada’s Top Entrepreneur in 2011 for his research and development of MyVoice, a mobile application that gives people with communication disorders like those caused by stroke, autism and ALS, a way to make themselves understood audibly. Read the full story on Alex Levy and his work with MyVoice on U of T News.
Inc.com reviewed Canada’s fastest growing startups and recently released their list of 8 Canadian Startups to Watch in 2015. It’s an interesting and diverse group of companies – and at the top of the list are a few with U of T connections:
- Whirlscape, co-founded by U of T alumni and based on a U of T research project
- Bionym, co-founded by U of T alumni and the company has gone through U of T’s accelerator programs
- Wattpad, co-founded by U of T alum