Startup Career Expo at MaRS DD on Jan 30, 2015

The Startup Career Expo 2015 is coming to MaRS Discovery District on January 30, 2015, brought to you by the You’re Next Career Network.

Expos like this are a great opportunity for students to get exposed to the local startup scene, and for startups to meet with local talent from universities in Toronto and across Ontario. Last year’s February event brought 80 startups to 1500 students, with a larger showing expected this year.

Whether you’re a student interested in opportunities to work at a startup or a startup looking to recruit, you’re invited to be a part of Canada’s biggest Startup Career Expo.

From the 2014 Startup Career Expo

U of T News covered last year’s event if you want to read about the 2014 Startup Career Expo or view the photo gallery on Flickr.

Entrepreneur Expo is happening on Jan 29, 2015

Entrepreneur EXPO is a showcase of innovative ideas that have sprung from U of T Scarborough (UTSC) talent to inspire and encourage the entrepreneurial spirit on campus.All events will be held on January 29, 2015 between 2:00 pm to 5:00 pm in the Instructional Centre.

The event is free and no pre-registration is required!

For a list of exhibitors and more about the keynote Andrew Peek, please visit the Entrepreneur EXPO website.

 

U of T student entrepreneurs come 2nd in IBM Watson Challenge

U of T students entered the 2015 IBM Watson Challenge with Ross, a virtual legal assistant. They travelled to IBM’s New York headquarters for the finals on Jan. 9, competing against teams from other schools for a prize of $100,000 in seed money for their startup app powered by Watson, IBM’s cloud computing system. As the only non-U.S. school invited to the finals, U of T was pitted against some pretty hefty competition including teams from MIT and Stanford University.

The winning prize went to University of Texas at Austin, with U of T’s Team Ross coming in 2nd. It proved a great experience and gave the teams exposure to local investors and law firms who may want to follow up with the projects that were pitched.

Learn more about U of T’s participation in the IBM Watson Program.

Interface Biologics Announces Series B Financing Round

Interface Biologics Inc. (IBI), an innovative developer of biomedical-polymer technologies which improve the safety and effectiveness of medical devices, is pleased to announce the completion of a Series B financing round led by DSM Venturing and existing investor, BDC Capital.

“We’re very pleased to have completed this Series B financing”, commented Tom Reeves, President & CEO of Interface Biologics. “Having a strategic investor like DSM in combination with BDC underscores both IBI’s success to date and the confidence that our investors have in our future. We look forward to working with DSM as we continue the commercial development of our surface modifying macromolecules and our drug delivery polymer technology platforms.”

Interface Biologics is a University of Toronto spinoff located at the MaRS Centre in Toronto, Canada and is a commercial stage privately held company that develops transformative biomedical polymer technology to improve the safety and effectiveness of medical devices.

For more information, please visit: www.interfacebiologics.com

Starting 2015 with entrepreneurship in mind

Happy New Year!

5 biggest entrepreneurship stories of 2014

We’re excited to see what lies ahead for startups that have come from U of T – and those that are yet to come. Here’s a look back at U of T’s 5 biggest entrepreneurship stories of 2014.

5 must-watch startups for 2015

A great way to kick off 2015: Yonge Street Media’s five must-watch startups for 2015 include four that have come through U of T Accelerators. 2014 saw a lot of media coverage for these ventures and it’s not surprising to see the buzz continue into 2015.

  • Bridgit was in the Creative Destruction Lab’s 2013-14 cohort of startups (more about Bridgit)
  • Chematria joined the Impact Centre in Fall 2014 (more about Chematria)
  • Nymi, formerly known as Bionym, began as a research project at the University and spun off into an entrepreneurial venture with connections to UTEST and as part of the Creative Destruction Lab’s inaugural 2012-13 cohort (more about Nymi)
  • OTI Lumionics was in the Creative Destruction Lab’s 2013-2014 cohort  (more about OTI Lumionics)

Stay tuned to entrepreneurs.utoronto.ca where we’ll be posting the latest on U of T’s startups and entrepreneurs throughout the year.

UTEST announces third cohort of U of T software startups

UTEST, one of U of T’s accelerators, announced its third cohort of technology startups. The companies represent a really diverse product range and should be pretty exciting to watch:

  • FlatFab Inc. — 3D printing (designing 3D objects that print in 2D)
  • ICE3 Power Technologies Inc. — hardware (universal charger for portable devices)
  • Onyx Motion Inc. — wearables (digital coaching)
  • Nvest Inc. — financial investing (socially-driven stock recommendations)
  • Syncadian Inc. — digital health (fatigue management for enterprise clients)

UTEST has been home to startup success stories Whirlscape, TrendMD, Crowdmark, eQOL and Granata Decision Systems, and others. The accelerator is a partnership co-directed by U of T’s Innovations & Partnerships Office (IPO) and MaRS Innovation.

Read what betakit had to say about UTEST as part of its Accelerator Series.

Related Websites

Toronto’s Northern Biologics takes on antibody therapeutics

Northern Biologics is a great example of the kind of exciting and innovative early-stage company we can build when world-class science comes together with entrepreneurial and seasoned venture capital investors.”
– Northern Biologics CEO Stefan Larson

A collaboration of Toronto-area academic and industry partners including Canadian biotechnology incubator, Blueline Bioscience with the University of Toronto and University Health Network’s Princess Margaret Cancer Centre has announced the creation of a company that could change biotechnology development in Canada.

Northern Biologics is Blueline’s first spin-off biotech company. It hopes to use a selection of antibodies catalogued at U of T and turn them into new therapies for cancer and fibrosis.

More from the Globe and Mail: War chest of discoveries seeds Toronto’s Northern Biologics

Press release from U of T: Northern Biologics to Develop Antibody Therapeutics in Toronto

U of T students win wearable technology hackathon

A team of five students from U of T took the winning prize at SportsHack on November 16, 2014, a competition to develop wearable sports technology. The winning concept from Team Raisins: the Player Tracking System, an app that tracks player locations on a sports field, and displays the data as a heatmap, using cost-effective and efficient technologies.

The idea and pitch earned them a $7,500 cash prize and the chance to work with investors to turn their sports hack into reality.

Team Raisins included a computer science student and some students from U of T Mississauga, visiting as part of the Ciencia Sem Fronteiras (Science Without Borders) program.

More details about SportsHack and the winning hack: http://www.utm.utoronto.ca/main-news/utm-team-wins-wearable-sports-tech-competition

Bionym news roundup: Nymi’s payment pilot with RBC covered by Washington Post, NBC, others

Royal Bank recently announced a pilot project with U of T spinoff Bionym to launch in the new year: their biometric wearable, the Nymi wristband, will be tested for use with payments.

The news was picked up by outlets in Canada, the U.S. and beyond. Here’s a roundup of just a few of the clips:

Washington Post: The heartbeat vs. the fingerprint in the battle for biometric authentication

NBC: With Nymi, Mobile Payment Is Only a Heartbeat Away

Mashable: This wristband works with your heartbeat to pay for things

Daily Mail: Stop car thieves in a heartbeat – Hi-tech bracelet could use electrocardiograms as a unique ‘fingerprint’ to open doors, start cars and even pay for your shopping 

Canadian Press: Royal Bank to test out Toronto company’s Nymi technology

CTV News: MasterCard to test high-tech wristbands as credit card alternatives

 

Figure 1 takes free, safe photo-sharing for doctors to global audience, partners in experiment with IBM Watson, IBM Bluemix

Congratulations to alumni startup Figure 1 on two pieces of recent news!

The company provides free, safe photo-sharing for health professionals on iOS and Android, enabling doctors and other healthcare providers to share and learn from specific cases while preserving patient privacy.

Figure 1 recently announced in a blog post that they’re set to run an experiment with IBM Bluemix, and the company continues to expand into global markets, including South Africa.

Learn more on their blog…